I continue to recommend buying Burlington Stores because it has a good value, strong earnings per share growth, and positive long-term trends. Even with some weather difficulties, BURL's third-quarter results were strong, showing significant revenue growth and good inventory management, which led to a 10% rise in its share price. The company's high valuation is supported by a 20% long-term EPS growth rate and top margins in the industry, with shares being reasonably priced based on their price-to-sales ratio.
BURL's financial results for the fourth quarter show an increase in sales and earnings compared to last year. The adjusted EBITDA margin has risen by 50 basis points to reach 13.8%.
As consumer confidence is challenged by inflation and higher living expenses, off-price retailers such as Burlington Stores and Ross Stores are focusing on strategies that highlight value and adaptability. These companies have responded to the growing need for discounts by ensuring a good mix of quality, smart product selections, competitive pricing, and expanding their stores.
Dana Telsey, an analyst from Telsey Advisory Group, has maintained an Outperform rating for Burlington Stores Inc (BURL) and set a price target of $340.00 for the shares.
On Thursday, shares of discount retailer Burlington Stores (BURL 11.89%) jumped significantly. After announcing impressive fourth-quarter results, the stock initially rose by 13.4% before settling at an 11.5% increase by 11 a.m.
Burlington Stores (BURL) saw its shares rise by 12% on Thursday after the off-price retailer reported results and forecasts that exceeded expectations. This increase came as shoppers, affected by high inflation, sought out discounts.
While the revenue and earnings per share (EPS) for Burlington Stores (BURL) provide insight into its performance for the quarter ending January 2025, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Burlington Stores (BURL) reported quarterly earnings of $4.07 per share, which is higher than the Zacks Consensus Estimate of $3.76 per share. This is an increase compared to last year's earnings of $3.66 per share.
Burlington Stores (BURL 2.90%), a well-known off-price retail company, reported impressive results for the fourth quarter of 2024, with earnings surpassing what analysts had expected.
Burlington Stores (BURL) lacks the necessary elements that could lead to a positive earnings surprise in its next report. Be ready for the important expectations.