Burlington Stores, Inc. (NYSE:BURL) Q2 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants David Glick - Senior Vice President, Treasurer & Investor Relations Michael O'Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President & Chief Financial Officer Daniel Delrosario - Investor Relations Conference Call Participants Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America John Kernan - TD Cowen Brooke Roach - Goldman Sachs Alex S ...

For the quarter ended July 2024, Burlington Stores (BURL) reported revenue of $2.46 billion, up 13.2% over the same period last year. EPS came in at $1.20, compared to $0.60 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.42 billion, representing a surprise of +1.67%. The company delivered an EPS surprise of +26.32%, with the consensus EPS estimate being $0.95. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Burlington Stores (BURL) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 26.32%. A quarter ago, it was expected that this discount retailer would post earnings of $1.04 per share when it actually produced earnings of $1.42, delivering a surprise of 36.54%. Over the last four quarters ...

Exhibit 99.1 Burlington Stores, Inc. Reports Second Quarter 2024 Earnings • Total sales growth of 13%; comparable store sales growth of 5% • Net income was $74 million, and diluted EPS was $1.15 • Excluding certain expenses associated with acquired BBBY leases: o Adjusted EBIT margin increased 160 basis points o Adjusted EPS increased 98% to $1.24 o Adjusted EPS guidance for FY24 raised to $7.66-$7.96 BURLINGTON, New Jersey; August 29, 2024 — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off ...

Total sales growth of 13%; comparable store sales growth of 5% Net income was $74 million, and diluted EPS was $1.15 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 160 basis points Adjusted EPS increased 98% to $1.24 Adjusted EPS guidance for FY24 raised to $7.66-$7.96 BURLINGTON, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and ...

jetcityimage/iStock Editorial via Getty Images Introduction In continuation with our overage on Burlington (NYSE:BURL), the stock has performed handsomely over the last year and since the publication, despite a short-term blip given the strength in its underlying business model. | --- | --- | |---------------------------------|---------| | | | | About This Article ■ | | | Stock Covered | BURL | | Analyst's rating at publication | BUY | | Price at publication | $155.77 | | Change | 76.61% | | S&P 500 change ...

As Burlington Stores, Inc. (BURL) readies to announce its second-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 Aug. 29 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 set ...

Analysts on Wall Street project that Burlington Stores (BURL) will announce quarterly earnings of $0.95 per share in its forthcoming report, representing an increase of 58.3% year over year. Revenues are projected to reach $2.42 billion, increasing 11.2% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during th ...

When the economy abounds with liquidity and low interest rates, such as the 2020-2022 period, markets tend to focus on the more exciting growth stories available for investment. These stories were mostly focused on the technology sector, particularly semiconductor stocks that enabled the rise and adoption of artificial intelligence trends. Today, markets are changing, and so are these preferences. It isn't the exciting tech names anymore, nor the overnight successes in cryptocurrency; the market is now rewa ...

We are in the last leg of the second-quarter 2024 earnings season. So far, the results are better than expected. As of Aug 16, 464 companies of Wall Street's broad-market index — the S&P 500 — reported their quarterly financial numbers. Total earnings of these companies are up 8.3% year over year on 5.2% higher revenues with 79.3% beating EPS estimates and 59.5% surpassing revenue estimates. Looking at Q2 as a whole, total earnings of the S&P 500 Index are expected to be up 9.5% year over year on 5.4% highe ...