Core Viewpoint - Burlington Stores, Inc. is set to release its fourth quarter and fiscal year 2024 results on March 6, 2025, before the U.S. stock market opens, followed by a conference call to discuss the results [1]. Group 1: Financial Performance - For Fiscal 2023, Burlington Stores reported net sales of $9.7 billion [6]. - The company operates 1,103 stores across 46 states, Washington D.C., and Puerto Rico [6]. Group 2: Conference Call Details - The conference call will take place at 8:30 a.m. Eastern Time on March 6, 2025, with a U.S. toll-free dial-in number of 1-800-715-9871 and an international dial-in number of 1-646-307-1963 [2]. - A replay of the conference call will be available starting at 11:30 a.m. ET on March 6, 2025, until March 13, 2025, with specific dial-in numbers for U.S. and international participants [3]. Group 3: Communication Channels - Burlington Stores utilizes SEC filings, press releases, public conference calls, and webcasts to announce material information [4]. - The company encourages stakeholders to review information posted on its website and social media channels for updates on key personnel, new brands, and corporate initiatives [4][5].

Core Insights - Burlington Stores, Inc. (BURL) shares are currently trading 14.9% below their 52-week high of $298.89, reached on November 25, 2024, with a year-over-year stock gain of 28.7%, outperforming the Zacks Retail-Discount Stores industry's growth of 22.8% [1][2] Performance Metrics - BURL's stock has a forward 12-month price-to-sales (P/S) ratio of 1.38, which is lower than the industry average of 1.89 and the sector average of 1.64, indicating potential undervaluation [2] - The Zacks Consensus Estimate for BURL's earnings per share (EPS) has been revised upward to $7.94 for the current fiscal year and $9.26 for the next fiscal year, reflecting year-over-year growth of 31% and 16.7% respectively [12] - The sales estimates for the current and next fiscal years are projected at $10.68 billion and $11.69 billion, indicating year-over-year growth of 9.8% and 9.5% respectively [13] Strategic Initiatives - The Burlington 2.0 strategy focuses on enhancing operational performance and customer value through advanced technologies, including upgraded merchant tools and machine-learning algorithms, which improve inventory management and reduce markdowns [4][5] - The company plans to open 101 new stores by the end of fiscal 2024, with a long-term goal of 500 stores by 2028, contributing to a 10.5% year-over-year increase in total sales for the third quarter of fiscal 2024 [9][10] Operational Efficiency - A new 2-million-square-foot distribution center in Savannah, GA, set to launch in fiscal 2026, will enhance operational efficiency and scalability, allowing BURL to support its growing store network [11] - Store relocations have resulted in a 10% year-over-year sales increase, demonstrating the company's ability to optimize its physical footprint [10] Investment Appeal - BURL's Value Score of B emphasizes its investment attractiveness, supported by positive earnings estimate revisions and a strong growth trajectory [2][16] - The stock is currently rated as Zacks Rank 2 (Buy), indicating favorable conditions for potential investors [16]

Group 1 - Burlington Stores (BURL) has experienced a significant decline of 10.7% over the past four weeks, but it is now in oversold territory, indicating a potential trend reversal [1] - The Relative Strength Index (RSI) for BURL is currently at 25.13, suggesting that the heavy selling pressure may be exhausting itself [5] - There is a strong consensus among Wall Street analysts that BURL will report better earnings than previously predicted, with a 0.1% increase in the consensus EPS estimate over the last 30 days [6] Group 2 - BURL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]

Core Viewpoint - Burlington Stores, Inc. (BURL) is experiencing strong upward momentum, trading above its 50 and 200-day simple moving averages, indicating positive market sentiment and investor confidence in its financial stability and growth potential [1][2][15]. Performance Metrics - The company's stock closed at $291.90, above its 50-day SMA of $284.56 and 200-day SMA of $249.36, reflecting a continued uptrend [2]. - BURL stock has gained 47.1% over the past year, outperforming the Zacks Retail-Discount Stores industry's growth of 20.2% [4]. - The company reported a 10.5% year-over-year increase in total sales for the third quarter of fiscal 2024 [10]. Strategic Initiatives - Burlington's strategic initiatives, including enhancing merchandising capabilities and optimizing store operations, have contributed to its outperformance against the broader Retail-Wholesale sector and the S&P 500 index, which grew by 31.8% and 24.8% respectively in the past year [5]. - The Burlington 2.0 transformation is focused on integrating advanced technologies to improve operational performance and customer value [8]. Store Expansion Plans - The company plans to open 101 new stores by the end of fiscal 2024, with a long-term goal of 500 stores by 2028 [10][11]. - The new store prototypes are designed to be 25,000 square feet and strategically located in high-traffic areas to enhance customer engagement [10]. Cost Management and Challenges - Adjusted selling, general, and administrative (SG&A) costs increased by 9.2% year over year to $680 million in the fiscal third quarter, primarily due to higher investments in store payroll [13]. - Product sourcing costs rose from $200 million to $210 million, reflecting increased supply-chain costs despite improvements in distribution center productivity [13]. Future Outlook - The upcoming 2-million-square-foot distribution center in Savannah, GA, scheduled to open in fiscal 2026, is expected to enhance operational efficiency and scalability [12]. - Despite rising costs and external challenges, Burlington's focus on efficiency and customer value positions it well for sustained growth in the retail sector [16].

Core Insights - Burlington Stores, Inc. (BURL) is currently trading 3.3% below its 52-week high, with a 49.1% stock gain over the past year, outperforming the Zacks Retail-Discount Stores industry's growth of 22.2% [1][2] Company Performance - The company has achieved a 10.5% increase in total sales in the third quarter of fiscal 2024, supported by a strategic expansion plan targeting 101 net new store openings by the end of fiscal 2024 [10][11] - Adjusted EBITDA for the third quarter rose 30.3% year over year to $228.8 million, with an adjusted EBITDA margin increase of 140 basis points to 9.1% [12] - The gross margin is expected to expand by 60 basis points year over year to 43.1% in fiscal 2024, with a forecasted adjusted EBIT margin increase of 100 basis points [13][15] Strategic Initiatives - Burlington 2.0 transformation is enhancing operational efficiency and customer value through advanced technologies, improving inventory allocation and reducing markdowns [8][9] - The company is set to open a 2-million-square-foot distribution center in Savannah, GA, in fiscal 2026, which will enhance efficiency and scalability [14] Financial Outlook - Total sales for fiscal 2024 are projected to grow by 9-10%, with comparable store sales expected to rise by 2-4% [15] - For the fiscal fourth quarter, total sales growth is anticipated at 5-7%, with adjusted EPS projected at $3.55-$3.75 [17] Challenges - Adjusted selling, general and administrative costs rose 9.2% year over year to $680 million in the fiscal third quarter, driven by higher investments in store payroll [18] - Warmer-than-average temperatures caused a 300-basis-point reduction in comparable store sales, highlighting risks associated with unpredictable climate patterns [19]

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 ...

Investment Recommendation - The analyst recommends a buy rating for Burlington Stores (NYSE: BURL) based on the expectation of a "beat and raise" performance in 3Q24 [1] - The investment is considered ideal if the company performs its core business in a sector projected to experience structural (organic) growth exceeding GDP growth over the next 5-10 years [1] - The company should profit from sustainable competitive advantages that translate into attractive unit economics [1] - The company should be managed by competent, ethical, and long-term thinkers with a fair valuation [1] Analyst's Position - The analyst has no stock, option, or similar derivative position in any of the companies mentioned and no plans to initiate any such positions within the next 72 hours [1] - The article expresses the analyst's own opinions and is not receiving compensation for it (other than from Seeking Alpha) [1] - The analyst has no business relationship with any company whose stock is mentioned in the article [1]

Financial Data and Key Metrics Changes - Total sales increased by 11% in Q3 2024, following a 12% growth in Q3 2023 [7][19] - Comparable store sales (comp sales) grew by 1%, compared to a 6% increase in the same period last year [8][19] - Adjusted EBIT margin expanded by 80 basis points, reaching 5.6% [21] - Adjusted earnings per share (EPS) for Q3 was $1.55, a 41% increase year-over-year [22] Business Line Data and Key Metrics Changes - Comp store sales for cold weather categories were down in the negative teens, while non-cold weather categories saw a 4% increase [10] - The mix of cold weather merchandise represented about 15% of sales in Q3, increasing to nearly 25% by October [10] Market Data and Key Metrics Changes - The company noted that warmer temperatures significantly impacted Q3 comp sales, estimated to be a 300 basis point effect [10][31] - Major hurricanes in Q3 also negatively affected comp sales by approximately 100 basis points [31] Company Strategy and Development Direction - The company aims to grow total sales to approximately $16 billion and operating income to $1.6 billion by 2028 [13] - A new store opening program is a key driver, with 147 new stores opened in 2024, projecting 101 net new stores by year-end [14][16] - The company is focusing on acquiring existing leases from retailers in bankruptcy to enhance its store pipeline [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for Q4, with November sales running ahead of plan despite a compressed holiday calendar [12] - The company plans conservatively for 2025, anticipating total sales growth in the high single digits and comp sales growth of flat to 2% [17] Other Important Information - The gross margin rate for Q3 was 43.9%, an increase of 70 basis points year-over-year [20] - The company repurchased $56 million in common stock during the quarter, with $325 million remaining on its share repurchase authorization [23] Q&A Session Summary Question: Impact of weather on Q3 comp sales - Management clarified that the 300 basis point impact from warmer temperatures does not include hurricane effects, which added another point to the comp sales decline [31] Question: Inventory levels and markdown risk - Management indicated that inventory levels were well managed, with comp store inventories down 2% and no major markdown liabilities heading into Q4 [32] Question: Health of low-income consumers - Management noted that stores in lower-income areas are outperforming the chain, indicating a potential trend of increased spending among this demographic [39] Question: Drivers of margin expansion in Q3 - Management detailed that margin expansion was driven by lower markdowns, faster inventory turns, and improved supply chain efficiencies [40] Question: Outlook for 2025 - Management provided a preliminary outlook for 2025, expecting modest margin expansion and high single-digit revenue growth driven by new store openings [46]