Burlington: Sales Climb 11% as ‘All Income Groups' Feel Pressure

Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. The off-price retailer saw its total sales increase by 11% during the first quarter of the year, according to earnings released Thursday (May 30). Speaking during a call with analysts, CEO Michael O'Sullivan said the uptick came as consumers from "all income groups" were feeling pressured. The company had an especially strong March and April, and O'Sullivan said that trend was driven by two factors, including low-i ...