Burlington Stores(BURL)
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Compared to Estimates, Burlington Stores (BURL) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-26 15:31
For the quarter ended October 2024, Burlington Stores (BURL) reported revenue of $2.53 billion, up 10.5% over the same period last year. EPS came in at $1.55, compared to $0.98 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.56 billion, representing a surprise of -1.23%. The company delivered an EPS surprise of +0.65%, with the consensus EPS estimate being $1.54.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Burlington Stores (BURL) Q3 Earnings Surpass Estimates
ZACKS· 2024-11-26 13:55
Burlington Stores (BURL) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.65%. A quarter ago, it was expected that this discount retailer would post earnings of $0.95 per share when it actually produced earnings of $1.20, delivering a surprise of 26.32%.Over the last four quarters, t ...
Burlington Stores(BURL) - 2025 Q3 - Quarterly Results
2024-11-26 11:52
Exhibit 99.1 Burlington Stores, Inc. Reports Third Quarter 2024 Earnings • Total sales growth of 11% on top of 12% last year • Comparable store sales growth of 1% on top of 6% last year • Net income was $91 million, and diluted EPS was $1.40 • Excluding certain expenses associated with acquired BBBY leases: o Adjusted EBIT margin increased 80 basis points o Adjusted EPS increased 41% to $1.55 o Adjusted EPS guidance for FY24 raised to $7.76-$7.96 BURLINGTON, New Jersey; November 26, 2024 — Burlington Stores ...
Burlington Stores, Inc. Reports Third Quarter 2024 Earnings
GlobeNewswire News Room· 2024-11-26 11:45
Total sales growth of 11% on top of 12% last yearComparable store sales growth of 1% on top of 6% last yearNet income was $91 million, and diluted EPS was $1.40 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 80 basis points Adjusted EPS increased 41% to $1.55 Adjusted EPS guidance for FY24 raised to $7.76-$7.96 BURLINGTON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality ...
Assessing Burlington Stores Ahead of Q3 Earnings Release
ZACKS· 2024-11-25 15:50
As Burlington Stores, Inc. (BURL) readies to announce its third-quarter fiscal 2024 earnings, investors are closely watching for insights into the company's performance amid a challenging retail landscape. The earnings report, scheduled for release on Nov. 26 before the opening bell, is expected to provide critical indicators of how Burlington Stores has navigated recent economic shifts.The company is anticipated to show a notable increase in its top line. The Zacks Consensus Estimate for revenues is curren ...
What Analyst Projections for Key Metrics Reveal About Burlington Stores (BURL) Q3 Earnings
ZACKS· 2024-11-21 15:20
In its upcoming report, Burlington Stores (BURL) is predicted by Wall Street analysts to post quarterly earnings of $1.54 per share, reflecting an increase of 57.1% compared to the same period last year. Revenues are forecasted to be $2.56 billion, representing a year-over-year increase of 11.9%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a c ...
Burlington Stores (BURL) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-11-19 16:06
The market expects Burlington Stores (BURL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 26, 2024, might help the stock move higher if these key nu ...
Burlington Stores, Inc. Announces Third Quarter Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast
GlobeNewswire News Room· 2024-11-12 21:15
BURLINGTON, N.J., Nov. 12, 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, will release its third quarter fiscal year 2024 results before the U.S. stock market opens on Tuesday, November 26, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference ...
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Burlington Stores, Inc. (NYSE: BURL)
Prnewswire· 2024-11-11 13:00
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Burlington Stores, Inc. (NYSE: BURL) on behalf of the company's shareholders. The investigation seeks to determine whether Burlington Stores's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of Burlington Stores, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https ...
Burlington's Strategic Expansion and Value Model Drive Growth
ZACKS· 2024-10-31 16:05
Burlington Stores, Inc. (BURL) has leveraged its expansion and value-driven model to deliver outstanding results. By prioritizing customer value, enhancing supply-chain performance and expanding reach, BURL has solidified its position as a leading off-price retailer and set a strong foundation for sustained growth.The company’s solid sales growth in the second quarter of 2024, fueled by an aggressive store expansion strategy, strong comparable sales and operational efficiencies, sets a foundation for ongoin ...