Burlington Stores, Inc. (BURL)
Market Cap | 17.92B |
Revenue (ttm) | 10.48B |
Net Income (ttm) | 470.33M |
Shares Out | 62.81M |
EPS (ttm) | 7.29 |
PE Ratio | 39.13 |
Forward PE | 32.58 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 698,474 |
Open | 280.60 |
Previous Close | 281.12 |
Day's Range | 279.54 - 290.65 |
52-Week Range | 174.64 - 298.89 |
Beta | 1.64 |
Analysts | Strong Buy |
Price Target | 310.50 (+8.85%) |
Earnings Date | Nov 26, 2024 |
About BURL
Burlington Stores, Inc. operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women’s ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. It operates stores under the Burlington Stores, and Cohoes Fashions brand names in Washington D.C. and Puerto Rico. Burlington Stores, Inc. was founded in 1972 and is headquartered in Burlington, New Jersey. [Read more]
Financial Performance
In 2023, Burlington Stores's revenue was $9.72 billion, an increase of 11.79% compared to the previous year's $8.69 billion. Earnings were $339.65 million, an increase of 47.59%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BURL stock is "Strong Buy." The 12-month stock price forecast is $310.5, which is an increase of 8.85% from the latest price.
News
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We're experiencing a retail renaissance, says 5 New Digital's Michael Zakkour
Michael Zakkour, 5 New Digital founder and ‘The New Retail' author, joins 'Squawk Box' to discuss the holiday season shopping trends, state of the consumer, and more.
Burlington Stores: No Signs Of Demand Slowdown
I recommend a buy rating for Burlington Stores stock due to strong demand, solid 3Q24 results, and a positive outlook for FY24. BURL reported 10.5% sales growth, margin improvements, and raised its FY...
Burlington Stores, Inc. (BURL) Q3 2024 Earnings Call Transcript
Burlington Stores, Inc. (NYSE:BURL) Q3 2024 Earnings Call Transcript November 26, 2024 8:30 AM ET Company Participants David Glick - SVP, IR and Treasurer Michael O'Sullivan - CEO Kristin Wolfe - EVP...
Burlington Stores, Inc. Names Shira Goodman to Board of Directors
BURLINGTON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and mercha...
Burlington Sales Impacted by ‘Significantly' Warmer Fall Temperatures
A warmer-than-normal autumn wasn't enough to stall sales growth for Burlington Stores. The off-price clothing retailer posted earnings Tuesday (Nov. 26) showing total sales up 11% for the third quarte...
Burlington's stock falls as warm weather hurts its coat sales
“Our third quarter comp trend started out very strongly, but then warmer temperatures from mid-September onwards slowed our sales momentum,” the company's CEO said.
Burlington Stores, Inc. Reports Third Quarter 2024 Earnings
BURLINGTON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and mercha...
Off-price retailers are set up well as consumers still go after value: BofA's Lorraine Hutchinson
Lorraine Hutchinson, Bank of America senior retail analyst, joins CNBC's 'The Exchange' to discuss how the consumer is thinking about their spending, what to expect from retail earnings this week, and...
Retail holiday sales will be robust, says JPMorgan's Matt Boss
Matt Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss the retail backdrop ahead of earnings and how to play the sector.
Burlington Stores, Inc. Announces Third Quarter Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast
BURLINGTON, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and mercha...
Discounters Like Burlington, T.J. Maxx Expected to Win Holiday-Shopping Wars
Investors can expect a bleak outlook for department stores that have struggled to provide consumers with the value they're looking for, but discounters such as T.J. Maxx, Ross Dress for Less and Burli...
Burlington Is A Buy Ahead Of Its New Distribution Center And Improving Margin
Burlington Stores, Inc. (BURL) is well-positioned for long-term growth with a good upside, benefiting from a growing off-price retail market and expanding store base. BURL's supply chain efficiency is...
Canada MedLaser Clinics, Toronto's Premier Laser Hair Removal & Aesthetic Clinic Launches in Burlington
BURLINGTON, Ontario--(BUSINESS WIRE)--Canada MedLaser Clinics, a leader in laser hair removal and aesthetic treatments in Toronto, has expanded its services with the opening of its Burlington clinic. ...
Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says
Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
As Burlington Stores CEO Michael O'Sullivan discussed the company's strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to strategic changes and th...
Ashwood Glen School Achieves Official IB Accreditation as Burlington's Exclusive World School for the IB Primary Years Programme
BURLINGTON, Ontario, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Ashwood Glen School proudly announces its certification as an International Baccalaureate (IB) World School for the Primary Years Programme (PYP...
Burlington Stores: Best-In-Class Off-Price Retailer
Burlington Stores posted strong Q2 2024 results with a 13% YoY sales increase and 5% comp sales growth, beating both management and Wall Street expectations. New store openings and accelerating comp s...
Burlington Stores: Expecting A Beat & Raise In The Next Quarter
I recommend a buy rating for Burlington Stores (BURL) due to solid growth momentum and conservative management guidance likely to be beaten. BURL's 2Q24 results beat expectations with 13.4% retail sal...
Burlington Stores Boosts Profit Outlook as Sales Exceed Expectations
Burlington Stores (BURL) Thursday posted a higher-than-estimated doubling of its profits and raised its outlook for the year, although it warned about increasing ocean shipping costs.
Kohl's, Burlington, Five Below and Dollar General Pivot as Consumers Seek Deals
The financial results for four major retailers — Kohl's, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range of performances and strategic responses. F...
Burlington Stores, Inc. (BURL) Q2 2024 Earnings Call Transcript
Burlington Stores, Inc. (NYSE:BURL) Q2 2024 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants David Glick - Senior Vice President, Treasurer & Investor Relations Michael O'Sull...
Burlington Stores, Inc. Reports Second Quarter 2024 Earnings
BURLINGTON, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and mercha...
Burlington Stores: Poised For Next Leg Of Growth
Burlington has shown strong traction in executing its business model, driving better foot traffic and margin growth. Company is likely to deliver another strong Q2 and have another beat and raise quar...