Compared to Estimates, Burlington Stores (BURL) Q3 Earnings: A Look at Key Metrics

Core Insights - Burlington Stores reported revenue of $2.53 billion for the quarter ended October 2024, reflecting a year-over-year increase of 10.5% [1] - The company's EPS was $1.55, up from $0.98 in the same quarter last year, indicating strong earnings growth [1] - Revenue fell short of the Zacks Consensus Estimate of $2.56 billion, resulting in a surprise of -1.23%, while EPS exceeded the consensus estimate of $1.54 by 0.65% [1] Financial Performance Metrics - Comparable Store Sales were reported at 1%, below the estimated 2.3% by analysts [3] - The number of stores at the end of the period was 1,103, surpassing the average estimate of 1,095 from four analysts [3] - Net Sales revenue was $2.53 billion, compared to the average estimate of $2.56 billion, marking a year-over-year change of +10.6% [3] - Other revenue was reported at $4.52 million, slightly below the average estimate of $4.83 million, representing a year-over-year decline of -3.2% [3] Stock Performance - Burlington Stores' shares have returned +15.2% over the past month, outperforming the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]