|Bid||150.24 x 100000|
|Ask||150.46 x 100000|
|Day's Range||148.28 - 148.28|
|52 Week Range||123.05 - 158.16|
|Beta (3Y Monthly)||0.15|
|PE Ratio (TTM)||24.73|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
An increasing focus on customer loyalty and improving its efficiency could push the Burlington Stores (BURL) stock price higher. The off-price retailer is set to roll out a loyalty program that may improve customer engagement, while its operating margin is forecast to improve over the medium term. With an aggressive store expansion strategy and a shift towards underrepresented segments that could offer higher growth rates, the company's competitive position is set to improve.
Burlington Stores Stock Surged on Better-Than-Expected Q1 Results(Continued from Prior Part)Gross margin declined in Q1Burlington Stores’ (BURL) gross margin declined 20 basis points on a year-over-year basis to 41% in the first quarter of fiscal
Burlington Stores Stock Surged on Better-Than-Expected Q1 ResultsBetter-than-expected resultsBurlington Stores (BURL) stock rose 6.9% on May 30 as the off-price retailer announced better-than-expected results for the first quarter of fiscal 2019,
The off-price retailer barely achieved positive comparable-store sales last quarter, but the company convinced investors that sales and earnings trends will improve soon.
Costco earnings were mixed late Thursday. Earlier, Dollar General, Burlington Stores and Dollar Tree all rose sharply on earnings.
(BURL) stock (BURL) is rising Thursday morning, following the discounter’s retailer’s first-quarter earnings report that came in just ahead of analysts’ top- and bottom-line expectations. As an off-price retailer, Burlington—along with peers (TJX) Cos. (TJX) and (ROST) (ROST)—has enjoyed a niche in one of the more resilient segments of retail. The shares did very well in 2018, but its fourth-quarter results missed the mark, sending shares tumbling and worrying investors that its growth was faltering.
earned $1.26 a share on an adjusted basis in its first quarter, beating analysts' estimates by 1 cent, but the stock slipped in premarket trading after same-store sales rose 0.1% vs expectations of a gain of 0.6%. Burlington said it expects second-quarter sales to rise 8% to 9%, and same-store sales up 1% to 2%. For its fiscal year year, Burlington said it expects adjusted earnings of $6.93 to $7.01 a share and same-store sales up 1.3% to 2.1%.
The Burlington, New Jersey-based company said it had net income of $1.15 per share. Earnings, adjusted for pretax expenses, were $1.26 per share. The results met Wall Street expectations. The average estimate ...
Burlington Stores has enjoyed the growth of the more resilient off-price segment of retail. But after a disappointing fourth quarter, the company is trying to stage a comeback.
Burlington Stores (NYSE: BURL ) announces its next round of earnings this Thursday, May 30. Here is Benzinga's everything-that-matters guide for the Q1 earnings announcement. Earnings and Revenue Analysts ...
(ROST) and other discount retailers haven been a bright spot in the sector in recent years. Year to date, Ross stock (ticker: ROST) is up 17.1%, after rising 18.3% in the trailing 12-month period. Ross is one of three major pure-play off-price retailers in the U.S., bookended by the larger TJX Cos. (TJX) and the smaller Burlington Stores (BURL).
The top two off-price retailers have a unique ability to shrug off the headwinds that often undermine their rivals' results.
This weekend's Barron's cover story examines stocks that will benefit from increasing spending by millennials. Other featured articles focus on what suppliers say about Apple and possible outcomes to a bidding war. "5 Stocks to Ride the Coming Wave in Millennial Spending" by Daren Fonda looks at why Home Depot IncHD), Nike Inc (NYSE: NKE) and other stocks may benefit from increasing spending by millennials.
The off-price retailer’s stock has a number of possible catalysts, including the popularity of discounters, a well-respected new CEO, upgraded stores, and the potential for margin expansion.
It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. O'Sullivan has been present and COO at Ross Stores since December 2009, and previously served as the retailer's executive vice president and chief administrative officer from February 2005 to December 2009, the analyst said.
The excitement about Michael O’Sullivan’s appointment led shares to a high-single-digit gain year to date. The stock had been languishing not far from the break-even line.
John Kernan maintains an Outperform rating on Burlington Stores Inc (NYSE: BURL) with a $165 target. Kernan said that while store checks can be somewhat anecdotal, it was obvious within the shopping centers visiting that TJ Maxx, Marshalls and HomeGoods saw some of the heaviest traffic and significantly above the Ross and Burlington stores he visited.
"Of course, all the bank stocks are cheap here, but unlike the rest of the industry, Chemical Financial actually has a catalyst, thanks to the upcoming TCF merger," CNBC's Jim Cramer says. "The Labor Department's nonfarm payrolls report gave you some goldilocks numbers, alright, with just the right amount of job growth and just the right amount of wage inflation," the "Mad Money" host says. "I think you should buy [Burlington] ahead of ... Wednesday, when I expect everyone to hear that Burlington's issues have been cleared up," he says.
Who is left? Which retailer hasn't moved that might turn out to be a home run now that so many others have rounded the base paths? I think it's Burlington Stores , the off-price clothing retail chain still thought of by many -- incorrectly I might add -- as Burlington Coat Factory.
Jim Cramer breaks down Burlington Stores' most recent earnings and explains why he thinks the stock is ready to rebound.