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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

The headline numbers for Burlington Stores (BURL) give insight into how the company performed in the quarter ended July 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) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Burlington Stores (BURL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago.

Burlington Stores (BURL) Q2 Earnings and Revenues Surpass Estimates

Burlington Stores Inc. (NYSE:BURL) reported revenue and earnings slightly ahead of market expectations, though the ‘off-price' clothes retailer's quarter evidently didn't wow investors. Earnings per share was marked at 60 cents, beating forecasts for 44 cents, whilst net income was up significantly at $30.9 million compared to $12 million a year ago.

Burlington Stores beats expectations but warns of “significant pressure” remains for core customer base

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Burlington Stores Inc. stock BURL, +3.68% was down 1.6% in premarket trades on Thursday after the retailer said its net income more than doubled and said it will beat analyst expectations for the third quarter. Burlington Stores said its second-quarter net income increased to $30.9 million, or 47 cents a share, from $12 million, or 18 cents a share, in the year-ago quarter.

Burlington Stores stock dips despite beating profit forecasts

BURLINGTON, N.J., Aug. 24, 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 second quarter ended July 29, 2023.

Burlington Stores, Inc. Reports Second Quarter 2023 Earnings

Burlington Stores Inc. (NYSE:BURL) is on track to report up to a double-digit percentage increase in sales and a significant jump in earnings when it hands down its second quarter financial report. The off-price department store retailer will report its results for the three months ended July 29, 2023, before the opening bell in New York on Thursday, August 24.

Burlington Stores poised to impress with strong 2Q earnings

Burlington Stores (BURL) took a conservative stance and projected 2-4% growth in comparable store sales.

Burlington Stores (BURL) to Post Q2 Results: A Peek Into Comps

Burlington Stores' (BURL) second-quarter results are likely to reflect proactive strategies, including value focus, improved pricing and Burlington 2.0 initiatives.

Burlington Stores (BURL) to Post Q2 Earnings: Factors to Note

Burlington Stores (BURL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Burlington Stores (BURL)

BURLINGTON, N.J., Aug. 10, 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 second quarter fiscal year 2023 results before the U.S. stock market opens on Thursday, August 24, 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 Second Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast

National retailer surprises 1,000 teachers with a total of $500,000 for much-needed school supplies, impacting 25,000 students nationwide and encouraging customers to join in support of AdoptAClassroom.org during this back-to-school season MINNEAPOLIS , July 24, 2023 /PRNewswire/ -- Today, Burlington Stores , the national discount retailer offering everyday low prices on customers' favorite brands for the entire family and home, is excited to announce its 7th consecutive in-store fundraising campaign with the award-winning national nonprofit, AdoptAClassroom.org. With Burlington's renewed community giving plan launched earlier this year, they are pleased to further their partnership with the organization this back-to-school season by helping to equip students in local store communities with the classroom tools and materials they need so they are empowered to live better lives and build better futures.

Burlington Stores and AdoptAClassroom.org Launch 7th Annual Fundraising Campaign with $500,000 Donation

TJ Maxx owner TJX, Ross Stores, and Burlington Stores have low gross margins, and spend almost nothing on marketing. That could be a recipe for success.

Off-Price Retailers TJX, Ross, and Burlington Have a Different Path to Profits

I recommend a buy rating for Burlington Stores, expecting near-term positive tailwinds that will boost earnings growth. Despite a slight comp growth miss in 1Q23, the company should benefit from trade-down benefits and near-term growth should outpace historical rates. BURL's balance sheet remains strong with manageable net debt, but the risk of a sharper decline in consumer spending should be considered.

Burlington Stores: Business To Start Enjoying Benefits Of Trade Down

HARTFORD, Conn.--(BUSINESS WIRE)--Burlington Insurance Group, Inc. and certain of its subsidiaries have issued the securities identified on Exhibit A (the “Securities”), each of which are still outstanding . Reference is made to (i) the Adjustable Interest Rate (LIBOR) Act of 2022 (the “LIBOR Act”) and (ii) the regulations promulgated to carry out the LIBOR Act (the “LIBOR Regulations”). Each of the Securities uses three-month USD LIBOR as a benchmark for determining interest payments on such S.

Burlington Insurance Group, Inc.—Notice of LIBOR Benchmark Replacement Effective After June 30, 2023 With Respect to the Securities Identified on Exhibit A hereto

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Burlington Stores is set to take over 50 former Bed Bath & Beyond locations after the home goods retailer auctioned its leases.

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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.

News for Burlington Stores Stock (BURL)