Yahoo Finance·2025-09-19 10:00Company Overview - Burlington Stores is implementing its Burlington 2.0 strategies to streamline operations and enhance sales, focusing on inventory and cost management, product offerings, and smaller store formats to improve customer experience [1] - The company operates 1,108 store locations across 46 states, Washington D.C., and Puerto Rico, offering a wide range of apparel and fashion merchandise at discounts of up to 60% [2] - Burlington has a market capitalization of $16.5 billion and reported net sales of $10.6 billion for fiscal year 2024 [3] Financial Performance - In the latest quarterly earnings report for fiscal 2Q25, Burlington's revenue increased by nearly 10% year-over-year to $2.7 billion, exceeding forecasts by over $72 million [7] - The company achieved a non-GAAP EPS of $1.72, surpassing estimates by 43 cents per share [7] Analyst Insights - Bernstein's retail expert, Aneesha Sherman, indicates that Burlington is well-positioned for continued success, with improvements in branded assortments and a positive average unit retail (AUR) mix shift contributing to a 5% comparable store sales increase [8] - The stock has a unanimous Strong Buy consensus rating based on 15 positive analyst reviews, with a current trading price of $262.90 and an average target price of $353, suggesting a potential gain of 34% over the next 12 months [8]