Shares of Burlington Stores, Inc. (BURL) are currently trading 3.3% below its 52-week high of $298.89 reached on Nov. 25, 2024, making investors contemplate their next moves. In the past year, the BURL stock has gained 49.1%, outperforming the Zacks Retail-Discount Stores industry’s 22.2% growth. The company’s strategic initiatives, including enhancing merchandising capabilities and optimizing store operations, have supported it to outperform the broader Retail-Wholesale sector and the S&P 500 index’s respe ...

It has been about a month since the last earnings report for Burlington Stores (BURL) . Shares have added about 0.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Burlington Stores due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Burlington Stores Q3 Earnings Bea ...

The Retail–Discount Stores industry has managed to withstand evolving economic conditions and shifting consumer preferences. As a result, discount retailers have seen consistent demand for their offerings, ranging from essential goods to affordable discretionary items. As we approach 2025, the sector continues to show strong potential, buoyed by the growing demand for value-driven products.When faced with economic uncertainty, consumers tend to prioritize value, making discount retailers the go-to option. T ...

Burlington Stores, Inc. (BURL) is currently trading at a low price-to-sales (P/S) multiple, which is below the average of the Zacks Retail-Discount Stores industry. With a forward 12-month P/S of 1.58, BURL is priced lower than the industry average of 1.79. This makes BURL stock undervalued relative to its industry peers, presenting an attractive opportunity for investors seeking exposure to the sector. Furthermore, Burlington’s  Value Score of A underscores its appeal as a potential investment.BURL Stock L ...

I recommended a buy rating for Burlington Stores (NYSE: BURL ) when I wrote about it on 2 nd September, as I expected a “beat and raise” in 3Q24. Based on my current outlook and analysis, I recommend aI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, an ...

Burlington Stores, Inc. (NYSE:BURL) Q3 2024 Earnings Call Transcript November 26, 2024 8:30 AM ET Company Participants David Glick - SVP, IR and Treasurer Michael O'Sullivan - CEO Kristin Wolfe - EVP and CFO Conference Call Participants Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America John Kernan - TD Cowen Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Operator Hello and welcome to the Burlington Stores, Inc. Third Quarter 2024 Earnings Webcast and Confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |---------------------------------------------------------------------------------------|-----------------------------------------------|------------------------------ ...

BURLINGTON, N.J., Nov. 26, 2024 (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, announced today that Shira Goodman, former Chief Executive Officer of Staples, Inc., is joining its Board of Directors and its Audit Committee effective January 1, 2025. John Mahoney, Chairman of the Board, stated, “We are very pleased to welcome Shira to our Board as ...

Burlington Stores, Inc. (BURL) has reported third-quarter fiscal 2024 results, wherein sales lagged the Zacks Consensus Estimate and earnings beat the same. Also, top and bottom lines grew year over year. The company saw strong early third-quarter performance, but warmer weather in mid-September slowed sales momentum, particularly in cold-weather categories. Excluding these, comparable sales showed consistent growth with recent trends. Effective inventory and liquidity management drove improved margins and ...

A warmer-than-normal autumn wasn’t enough to stall sales growth for Burlington Stores.The off-price clothing retailer posted earnings Tuesday (Nov. 26) showing total sales up 11% for the third quarter (Q3), following 12% sales growth last year.Comparable sales — up 1% — were affected by “significantly warmer temperatures than last year,” CEO Michael O’Sullivan said during an earnings call.“At Burlington, we are particularly sensitive to warmer weather in Q3,” he told analysts. “Many shoppers still think of ...