Core Viewpoint - Burlington Stores (BURL) has shown strong momentum in earnings estimates and stock performance, indicating a positive outlook for investors. Earnings Estimates - Over the past two months, 6 earnings estimates for BURL have increased, with no downward revisions, raising the consensus estimate from $7.37 to $7.55 [1] - For the next fiscal year, 8 estimates have moved upwards, with no downward revisions during the same period [1][7] Stock Performance - BURL shares have increased by 19.8% over the past week, significantly outperforming the Zacks Retail - Discount Stores industry, which rose by 0.94% [4] - Over the past month, BURL's stock price has changed by 25.61%, compared to the industry's 2.62% [4] - In the last quarter, BURL shares increased by 6.51%, and over the past year, they gained 56.74%, while the S&P 500 only moved 5.79% and 26.87%, respectively [5] Trading Volume - The average 20-day trading volume for BURL is 1,329,057 shares, which is a useful indicator for assessing price movements and market interest [6] Momentum Style Score - BURL currently holds a Momentum Style Score of A, indicating strong momentum characteristics [10] - The Zacks Rank for BURL is 2 (Buy), suggesting it is a favorable investment option [2][11]

It also includes access to the Zacks Style Scores. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Fl ...

Core Viewpoint - Investors in the Retail - Discount Stores sector should consider Burlington Stores (BURL) and Costco (COST) for potential value opportunities, with BURL currently presenting a better value option based on various financial metrics [1][7]. Valuation Metrics - BURL has a forward P/E ratio of 30.35, significantly lower than COST's forward P/E of 51.25, indicating that BURL may be undervalued relative to its earnings potential [5]. - The PEG ratio for BURL is 1.23, while COST's PEG ratio is 5.41, suggesting that BURL's expected earnings growth is more favorable compared to its price [5]. - BURL's P/B ratio stands at 14.17, compared to COST's P/B of 16.85, further supporting the notion that BURL is more attractively priced relative to its book value [6]. Analyst Outlook - BURL is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model, indicating a positive trend in earnings estimate revisions [3][7]. - BURL holds a Value grade of B, while COST has a Value grade of C, reflecting BURL's stronger position in terms of value metrics [6].

Company Overview - Burlington Stores, Inc. is a retailer of branded apparel products and operates as a Fortune 500 company, headquartered in New Jersey, with operations in the United States and Puerto Rico [10] - The company offers a variety of products including ladies sportswear, menswear, youth apparel, baby furniture, accessories, home décor, gifts, and coats [10] Investment Ratings - Burlington Stores has a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong potential for investment [10] - The company is also highlighted as a top pick for growth investors due to its favorable Growth Style Score of B [11] Financial Performance - Burlington Stores is forecasted to achieve year-over-year earnings growth of 24.6% for the current fiscal year [11] - In the last 60 days, six analysts have revised their earnings estimates higher, with the Zacks Consensus Estimate increasing by $0.18 to $7.55 per share [11] - The company has an average earnings surprise of 21.7%, further indicating strong financial performance [11]

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].

Burlington Stores, Inc. (BURL) has reported impressive first-quarter fiscal 2024 results, wherein sales and earnings beat the Zacks Consensus Estimate. Also, both top and bottom lines grew year over year. Insight Into the Headlines Burlington Stores has reported adjusted earnings of $1.42 per share, surpassing the Zacks Consensus Estimate of earnings of $1.04. The bottom line rose 69% from 84 cents in the year-ago quarter. Total revenues of $2,361.6 million beat the Zacks Consensus Estimate of $2,343 millio ...

Core Insights - Burlington Stores reported revenue of $2.36 billion for the quarter ended April 2024, reflecting a year-over-year increase of 10.5% [1] - The company's EPS was $1.42, significantly higher than the $0.84 reported in the same quarter last year, indicating a strong performance [1] - The revenue exceeded the Zacks Consensus Estimate of $2.34 billion, resulting in a surprise of +0.79% [1] - Burlington Stores delivered an EPS surprise of +36.54%, with the consensus EPS estimate being $1.04 [1] Performance Metrics - Comparable Store Sales increased by 2%, surpassing the five-analyst average estimate of 1.6% [3] - The number of stores at the end of the period was 1,021, slightly below the average estimate of 1,023 based on four analysts [3] - Net Sales revenue was $2.36 billion, compared to the estimated $2.34 billion, marking a +10.5% change year-over-year [3] - Other revenue was reported at $4.24 million, exceeding the average estimate of $4.17 million, representing a +1.7% year-over-year change [3] Stock Performance - Shares of Burlington Stores have returned +12.6% over the past month, outperforming the Zacks S&P 500 composite's +3.2% change [4] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [4]

Burlington Stores (BURL) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.54%. A quarter ago, it was expected that this discount retailer would post earnings of $3.28 per share when it actually produced earnings of $3.66, delivering a surprise of 11.59%. Over the last four quarters ...

Michael O'Sullivan, CEO, stated, "We are very pleased with how our sales trends developed in the first quarter. The quarter got off to a slow start in February, likely due to disruptive weather and delayed tax refunds, but then our sales trend picked up. Comparable store sales increased 4% during the months of March and April combined. This resulted in a 2% comparable store sales increase for the quarter which was at the high end of our guidance range." Mr. O'Sullivan continued, "We were especially pleased ...

BURLINGTON, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 4, 2024. Michael O'Sullivan, CEO, stated, "We are very pleased with how our sales trends developed in the first quarter. The quarter got off to a slow start in February, likely due to disruptive weather and del ...