Burlington Stores, Inc. (BURL) has exhibited a decent run on the bourses in the past three months, owing to its Burlington 2.0 initiative, which focuses on an off-price model with enhanced marketing, better merchandising and efficient inventory management. The company is opening smaller, cost-effective stores and acquiring Bed Bath & Beyond leases for expansion. In the said period, the BURL stock has risen 27.6%, outpacing the S&P 500's growth of 7.4%. On Jul 11, 2024, Burlington's stock reached a 52-week h ...

Burlington Stores is a member of our Retail-Wholesale group, which includes 210 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Within the past quarter, the Zacks Consensus Estimate for BURL's full-year earnings has moved 2.6% higher. This shows that analyst sentiment has improved and the company's ea ...

Recently, the retail sector has taken a beating as consumers and producers both feel the effects of inflation. This stems from the fact that many are doing their absolute best to hold onto what little money they have left after monthly expenses like groceries and rent hit historic highs. The caveat here, however, is that luxury brands that find their revenues from wealthier upper-class customers have done relatively well due to the growing wealth gap. On the other hand, mid-level and middle-income targeting ...

Burlington Stores' focus on enhancing merchandising strategies and improving supply chain efficiency is poised to boost revenues. By optimizing product assortments and ensuring a steady flow of high-demand merchandise, the company can better meet customer preferences. Burlington Stores is strategically expanding its store footprint. By opening new stores across diverse geographic regions, the company is increasing its market presence and accessibility to a broader customer base. This expansion not only capt ...

In the ever-evolving retail landscape, the Retail – Discount Stores industry has managed to withstand economic uncertainties and shifting consumer preferences. Despite various challenges, discount retailers have shown resilience and growth potential, even during tough times. When consumers tighten their purse strings and prioritize value, discount retailers emerge as trusted allies. Their ability to offer competitive pricing without sacrificing quality has been pivotal to their success. By providing a wide ...

Burlington Stores is one of 213 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. Within the past quarter, the Zacks Consensus Estimate for BURL's full-year earnings has moved 2.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stron ...

While good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smar ...

The debate around when the Federal Reserve will start to lower interest rates continues to influence market sentiment. Investors are interpreting important macroeconomic data, including jobs market reports, to decipher the current state of the U.S. economy. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. A shopper carries Burlington bags in New York, US, on Monday, Nov. 20, 2023. Burlington Stores Inc. is schedule ...

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Another great Retail - Discount Stores stock you could consider is PriceSmart (PSMT) , which is a # 2 (Buy) stock with a Value Score of A. While the proven Zacks Rank places an emphasis on ear ...

Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost BURL's consensus estimate, increasing from $7.37 to $7.55 in the past 60 days. Looking at the next fiscal year, 8 estimates have moved upwards while there have been no downward revisions in the same time period. Bottom Line Taking into account all of these elements, it should come as no surprise that BURL is a #2 (Buy) stock with a Momentum Score of A. If you've been searching f ...