Burlington Stores(BURL)

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Why Burlington Stores (BURL) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-06 14:56
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 ...
BURL or COST: Which Is the Better Value Stock Right Now?
ZACKS· 2024-06-05 16:46
Investors looking for stocks in the Retail - Discount Stores sector might want to consider either Burlington Stores (BURL) or Costco (COST) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. BURL is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that BURL is likely the superior value option right now. Value investors are also intereste ...
Here's Why Burlington Stores (BURL) is a Strong Growth Stock
ZACKS· 2024-06-05 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. 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 smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
Is Burlington Stores (BURL) Stock Outpacing Its Retail-Wholesale Peers This Year?
ZACKS· 2024-06-05 14:40
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Burlington Stores (BURL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Burlington Stores is one of 213 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The ...
Why Burlington Stores Stock Jumped Today
The Motley Fool· 2024-05-30 22:15
Shares of the off-price retailer rose after the company delivered a strong earnings report. Shares of Burlington Stores (BURL 17.56%) soared today after the off-price retailer delivered a better-thanexpected result in its first-quarter earnings report, beating estimates on the top and bottom lines. As a result, the stock finished the session up 17.6%. Burlington impresses the market The off-price retailer reported revenue growth of 11% to $2.36 billion, which edged out the analyst estimate of $2.34 billion, ...
Burlington Stores(BURL) - 2025 Q1 - Quarterly Report
2024-05-30 20:15
7. Income Taxes As of May 4, 2024, the Company had a deferred tax asset related to net operating losses of $5.1 million, inclusive of $4.8 million related to state net operating losses that expire at various dates between 2025 and 2041, as well as $0.3 million related to Puerto Rico net operating losses that will expire in 2025. 8. Capital Stock During the three month period ended May 4, 2024, the Company acquired 63,407 shares of common stock from employees for approximately $12.2 million to satisfy their ...
Burlington Stores Stock Soars on Better-Than-Expected Results
Investopedia· 2024-05-30 17:40
Key Takeaways Burlington Stores reported profit and sales that beat forecasts as it reduced inventories and drew in more shoppers later in the first quarter. The off-price retailer's gross margin improved as it limited promotions and lowered freight costs. The news sent Burlington Stores shares to their highest level in more than two years. Burlington Stores (BURL) shares flew higher when the off-price apparel retailer posted better-than-expected results and strong guidance on reduced inventories and a pick ...
Burlington Stores (BURL) Q1 Earnings & Revenues Beat Estimates
ZACKS· 2024-05-30 16:56
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 ...
Burlington: Sales Climb 11% as ‘All Income Groups' Feel Pressure
PYMNTS.com· 2024-05-30 15:53
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 ...
Burlington Stores(BURL) - 2024 Q1 - Earnings Call Transcript
2024-05-30 15:33
Burlington Stores Inc. (NYSE:BURL) Q1 2024 Earnings Conference Call May 30, 2024 8:30 AM ET Company Participants Michael O’Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President, Chief Financial Officer David Glick - Senior Vice President, Investor Relations Conference Call Participants Matthew Boss - JP Morgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America John Kernan - TD Cowen Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Adrienne Yih - Barclays Dana Te ...