Burlington Stores

Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. The company was founded in 1972 and is headquartered in Burlington, NJ.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

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Burlington reports Q1 comp growth below guidance, strong EPS growth

Burlington's Q1 performance fell slightly short of guidance, but with strong EPS growth. The company faces challenges related to economic health and merchandise margins, but sees opportunities in new store openings and leveraging against past mistakes.

Burlington Stores Adjusts Full-Year Guidance, Plans Store Expansion

Burlington Stores is maintaining the low end of their original comp sales and EBIT margin plan while tightening the range of their adjusted EPS guidance. The company is confident in their store expansion plans and is focused on addressing challenges in the current macroeconomic environment.

Burlington Stores, Inc. reports strong Q3 performance and outlines long-term growth plans

Burlington Stores, Inc. reported strong Q3 performance with a 6% comp store sales increase and maintained Q4 guidance. The company expressed confidence in its longer-term outlook, projecting total sales to reach $16 billion over the next 5 years. Management highlighted challenges due to warm weather and opportunities for improvement in merchandising and operational areas.

Burlington Stores reports Q4 growth, eyes off-price retail transformation

Burlington Stores navigated challenges in Q4 2022 with a focus on value, branded merchandise, and store expansion.
The company aims for 3-5% comp sales growth in 2023, with a long-term vision to strengthen its off-price retail position.
Despite margin pressures, opportunities for growth include margin expansion drivers and increased store openings.
Investments in technology and merchandising organization enhancements position Burlington Stores for future success.

Burlington Stores reports Q1 growth, eyes efficiency and younger shoppers

Burlington Stores showed solid performance in Q1 2024 with comp store sales growth and strategic investments in efficiency and value focus.
While facing challenges like economic concerns and margin impacts, the company is confident in its back-half guidance and growth opportunities.
By focusing on initiatives like Burlington 2.0 and Merchandising 2.0, Burlington Stores aims to enhance its competitive position and attract a broader customer base.
Overall, Burlington Stores is navigating market challenges while capitalizing on its strengths to drive growth and improve operational efficiency.

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Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. It operates through the following segments: Ladies Apparel, Accessories and Shoes, Home, Mens Apparel, Kids Apparel and Baby, and Outerwear. The company was founded in 1972 and is headquartered in Burlington, NJ.

Burlington Stores' (BURL) 2.0 initiative, which aims at improving the execution of its off-price model, looks encouraging. Its store-growth efforts are also appreciated.

Burlington Stores' (BURL) Store-Growth Initiatives Look Good

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Burlington Stores (BURL) posts weak results for first-quarter fiscal 2023. However, comparable store sales jumped 4% year over year.

Burlington Stores (BURL) Q1 Earnings Miss Mark, Sales Rise Y/Y

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Burlington Stores, Inc. (NYSE:BURL ) Q1 2023 Earnings Conference Call May 25, 2023 8:30 AM ET Company Participants David Glick - Investor Relations Michael O'Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Ike Boruchow - Wells Fargo Alex Straton - Morgan Stanley John Kernan - TD Cowen Chuck Grom - Gordon Haskett Mark Altschwager - Baird Operator Ladies and gentlemen, thank you for standing by and welcome to the Burlington Stores, Inc. First Quarter 2023 Earnings Webcast. I would now like to turn the call over to David Glick, Group SVP, Investor Relations and Treasurer.

Burlington Stores, Inc. (BURL) Q1 2023 Earnings Call Transcript

The headline numbers for Burlington Stores (BURL) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Burlington Stores (BURL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Burlington Stores (BURL) came out with quarterly earnings of $0.84 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.54 per share a year ago.

Burlington Stores (BURL) Lags Q1 Earnings and Revenue Estimates

Shares of Burlington Stores Inc. BURL, +3.19% dropped 1.8% in premarket trading Thursday, after the discount apparel retailer reported fiscal first-quarter profit and revenue that missed expectations, as lower tax refunds and cooler weather weighed on sales. Net income doubled, to $32.7 million, or 50 cents a share, from $16.2 million, or 24 cents a share, in the year-ago period.

Burlington Stores stock falls after profit and revenue miss, as lower tax refunds and cooler weather weigh on sales

BURLINGTON, N.J., May 25, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended April 29, 2023.   Michael O'Sullivan, CEO, stated, “Our first quarter comparable sales growth came in just below guidance. We had gotten off to a very strong start but then the trend fell off in March. We believe that this weakening in the trend was driven by two external and transitory factors – lower tax refunds and cooler weather leading up to Easter.”

Burlington Stores, Inc. Reports First Quarter 2023 Earnings

Burlington Stores' (BURL) fiscal first-quarter 2023 performance is likely to have benefited from the solid execution of its Burlington 2.0 strategy and other strategic efforts.

What's in Store for Burlington Stores (BURL) in Q1 Earnings?

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BURLINGTON, N.J., May 11, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, will release its first quarter fiscal year 2023 results before the U.S. stock market opens on Thursday, May 25, 2023. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day.

Burlington Stores, Inc. Announces First Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast

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Burlington Stores Partners with YouthBuild USA: Empowering Young People to Reach Their Full Potential

Burlington Stores (BURL) is aiding on successful execution of its 2.0 strategy and its Full Potential plan for growth. Its store-growth efforts are also appreciated.

Will Strategic Initiative Aid Burlington Stores' (BURL) Growth?

Burlington Stores' (BURL) successful execution of its 2.0 strategy and its Full Potential plan looks encouraging. Its store-growth efforts are also appreciated.

Burlington Stores (BURL) Banks on Strategies: Apt to Hold

DALLAS--(BUSINESS WIRE)--Martin Pallet, a Generational Equity client, was acquired by Burlington Capital Partners.

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It's an off-price retailer's market. While large department stores ranging from Nordstrom to Kohl's are struggling to find their footing, off-price retailers such as Burlington Stores are finding an opportunity to shine.

Burlington Stores Optimistic Even as High Earners Become More Cost Conscious

While retailers have been cautious about the months ahead, it's likely to be a strong year for off-price chains as shoppers look to save money.

Discount chains Ross, T.J. Maxx, and Burlington are planning to add more than 300 new stores.

Although the revenue and EPS for Burlington Stores (BURL) give a sense of how its business performed in the quarter ended January 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Burlington Stores (BURL) Reports Q4 Earnings: What Key Metrics Have to Say

Burlington Stores Ltd. (NYSE:BURL ) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Michael O'Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President, Chief Financial Officer David Glick - Group Senior Vice President, Investor Relations Conference Call Participants Matthew Boss - JP Morgan Jesse Sobelson - Wells Fargo Lorraine Hutchinson - Bank of America John Kernan - TD Cowen Mark Altschwager - Baird Adrienne Yih - Barclays Chuck Grom - Gordon Haskett Operator Ladies and gentlemen, thank you for standing by and welcome to the Burlington Stores Inc. fourth quarter 2022 earnings webcast.

Burlington Stores (BURL) Q4 2022 Earnings Call Transcript

Burlington stores' (BURL) fourth-quarter results reflect improvement in the sales trend during the quarter.

Burlington Stores (BURL) Tops Q4 Estimates, Sales Rise Y/Y

Burlington Stores (BURL) delivered earnings and revenue surprises of 8.82% and 5.53%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Burlington Stores (BURL) Q4 Earnings and Revenues Top Estimates

Burlington Stores Inc. BURL, +1.33% stock is up 1.3% in premarket trades Thursday after the retailer said it expects to top Wall Street analyst expectations for its first-quarter profit, while its fourth-quarter profit also beat estimates. Burlington said its fourth-quarter profit rose to $185.2 million, or $2.83 a share, from $121.64 million, or $1.80 a share in the year-ago quarter.

News for Burlington Stores Stock (BURL)