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Burlington Stores is recommended as a buy with a strong outlook for meeting its 5-year growth target. The company's 4Q23 performance exceeded expectations, with retail sales and gross margin improving. Management guidance for FY24 appears conservative, with potential for upside in comparable sales and EBIT margin.
Burlington Stores, Inc. (NYSE:BURL ) Q4 2023 Results Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants David Glick - Group Senior Vice President, Investor Relations and Treasurer Michael O'Sullivan - Chief Executive Officer Kristin Wolfe - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Boss - J.P. Morgan Ike Boruchow - Wells Fargo ...
Shares of Burlington Stores Inc. climbed toward a one-year high Thursday, after the discount apparel retailer reported fiscal fourth-quarter profit and sales that rose above expectations, as gross margin continued to improve and inventories fell.
BURLINGTON, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL) (the “Company”), 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 14 weeks and 53 weeks ended February 3, 2024 and, for purposes of comparison, for the 13 weeks and 52...
BURLINGTON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, will release its fourth quarter and fiscal year 2023 results before the U.S. stock market opens on Thursday, March 7, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Easte...
Burlington has been benefiting lately from selling higher-priced goods to wealthier customers. But growth for the off-price retailer is going to be driven by store openings in the coming years.
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