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Is Burlington Stores (BURL) Stock Outpacing Its Retail-Wholesale Peers This Year?
Burlington StoresBurlington Stores(US:BURL) ZACKSยท2024-06-05 14:40

Core Viewpoint - Burlington Stores (BURL) has been outperforming its peers in the Retail-Wholesale sector this year, with a year-to-date gain of approximately 17.7% compared to the sector average of 9.7% [4]. Company Performance - Burlington Stores is currently ranked 2 (Buy) in the Zacks Rank system, which focuses on earnings estimates and revisions to identify stocks with improving earnings outlooks [3]. - The Zacks Consensus Estimate for Burlington's full-year earnings has increased by 7.4% over the past quarter, indicating improved analyst sentiment [4]. - The company belongs to the Retail - Discount Stores industry, which has an average year-to-date gain of 15.4%, further highlighting Burlington's strong performance [6]. Sector and Industry Context - The Retail-Wholesale sector consists of 213 individual stocks and is ranked 13 in the Zacks Sector Rank [2]. - The Retail - Discount Stores industry, which includes Burlington, is ranked 76 in the Zacks Industry Rank [6]. - In comparison, another outperforming stock in the Retail-Wholesale sector, Carvana (CVNA), has seen a year-to-date increase of 91% and has a Zacks Rank of 2 (Buy) [5].