BURL - Burlington Stores, Inc.
| Previous Close | 196.00 |
| Open | 200.59 |
| Bid | 194.51 x 1400 |
| Ask | 200.31 x 1100 |
| Day's Range | 199.56 - 203.27 |
| 52 Week Range | 136.30 - 209.36 |
| Volume | 1,280,875 |
| Avg. Volume | 927,535 |
| Market Cap | 13.259B |
| Beta (3Y Monthly) | 0.46 |
| PE Ratio (TTM) | 32.14 |
| EPS (TTM) | 6.22 |
| Earnings Date | Nov 26, 2019 - Dec 2, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 218.11 |
- Zacks
3 Reasons Growth Investors Will Love Burlington Stores (BURL)
Burlington Stores (BURL) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- American City Business Journals
Burlington Stores and Destination Maternity: One retailer struggles while the other thrives
As a struggling Destination Maternity Corp., which sells clothes to pregnant women, continues to report millions of dollars in losses, Burlington Stores Inc., which sells off-price clothes, items for the home, and beauty products, is at the top of its game. Just about 10 miles away from each other on Route 130 in South Jersey, Destination Maternity and Burlington couldn’t be further apart when it comes to navigating a challenging retail environment. A new CEO took over at Burlington and Destination revealed it was exploring strategic alternatives that could include a sale.
- Zacks
Kohl's (KSS) Stock Down on Weak Comps & Escalated SG&A Costs
Kohl's (KSS) comps down for two straight quarters now. Additionally, rising SG&A expenses are a concern.
- MarketWatch
Tariffs will be a positive for these retailers, according to UBS analysts
Tariffs will have a positive impact on off-price retailers, according to UBS analysts, who upgraded TJX Cos. Inc. and Burlington Stores Inc. shares to neutral from sell. "Tariffs are likely causing significant order cancellations from many full-price retailers, potentially creating opportunities for TJX to buy inventory very inexpensively," UBS analysts led by Jay Sole wrote. UBS raised its price target on TJX to $58 from $41. "The off-price 'flywheel' is effective inventory buys lead to market share gains, which leads to competitor store closures, which then leads to further effective inventory buys," UBS wrote in the Burlington Stores note. UBS raised its price target on Burlington stock to $200 from $121. News that Stage Stores Inc. will convert nearly all of its shops, many of them department stores, to off-price stores sent shares soaring 16.5% in Tuesday trading. Shares of TJX have gained 24.2% for the year to date. Shares of Burlington Stores are up 21.1% for the period. And Stage Stores stock is up nearly 34% for 2019 so far. The S&P 500 index has gained 19.7% for 2019 to date.
- Business Wire
CFDA Designer Christian Siriano to Style Young Cancer Survivors
For the 18th consecutive year, The Leukemia & Lymphoma Society (LLS) teams up with Burlington Stores to raise critical funds for research and patient support to help to save lives and bring smiles to the faces of children and families impacted by blood cancer. From September 9 through December 2, Burlington Stores nationwide will encourage its customers to donate $1 or more at checkout to support LLS and its goal to create a world without blood cancer.
- Benzinga
UBS Upgrades Burlington, Says Tariffs Likely 'Net Positive'
Burlington Stores Inc (NYSE: BURL ) is poised to benefit from the impact of tariffs on full-price retails as well as the trend reversal between off-price retailers and department stores that took place ...
- Zacks
Is it Wise to Retain GameStop After Stock's Latest Setbacks?
GameStop (GME) is battling with soft sales owing to consumers' inclination toward buying games and gaming consoles. Nevertheless, the company is on track with its savings plan and strategic efforts.
- Zacks
Kirkland's Looks Tarnished on Weak Traffic & High Costs
Kirkland's (KIRK) comps are sluggish due to weak store traffic. Moreover, declining product margins and high freight costs are concerns.
- TheStreet.com
Burlington and TJX Shares Higher After Analyst Upgrade; Other Retailers Lower
While tariffs have hit traditional retailers hard, they have provided a big opportunity for Burlington, which has seen market-share gains as shoppers seek out less expensive alternatives, according to UBS.
- Zacks
Can TJX Companies' Sales Drivers Aid Growth Amid Hurdles?
TJX Companies' (TJX) store and e-commerce expansion efforts bode well. However, elevated supply-chain costs are a concern.
- Zacks
Why Burlington Stores (BURL) Stock Might be a Great Pick
Burlington Stores (BURL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- MarketWatch
Burlington Stores CFO resigns to pursue other opportunities
Burlington Stores Inc. said Monday that Chief Financial Officer Mark Katz has resigned, effective immediately, to pursue "other professional opportunities. Katz had been CFO of the off-price retailer since January 2015, and has been with the company since July 2008. The company said it appointed Chief Accounting Officer John Crimmins as interim CFO. The stock, which was still inactive in premarket trading, has gained 15.2% over the past three months while the S&P 500 has gained 4.2%.
- GlobeNewswire
Burlington Stores, Inc. Announces Chief Financial Officer Transition
Burlington Stores, Inc. (BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, today announced that Marc Katz has resigned as the Company’s Chief Financial Officer/Principal, effective immediately, to pursue other professional opportunities. John Crimmins, Executive Vice President, Finance and Chief Accounting Officer has been appointed interim Chief Financial Officer. “On behalf of the entire Board and management team, I would like to thank Marc for his dedication and valuable contributions during his 11-year career at Burlington.
- TheStreet.com
Burlington Stores Chief Financial Officer Mark Katz Resigns
John Crimmins, executive vice president, finance and chief accounting officer, is appointed interim finance chief at the off-price retailer.
- TheStreet.com
Jim Cramer: Buy Burlington Stores Stock When the U.S.-China Trade War Gets Ugly
BURL will fall with the rest of the retail sector when talks falter -- even though it really shouldn't.
- Zacks
Burlington Stores' Sturdy Comps, Better Pricing to Fuel Sales
Burlington Stores (BURL) has been initiating better marketing approach, focusing on localized assortments and making technological advancements.
- Business Wire
Burlington Stores Donates $2 Million to AdoptAClassroom.org to Support Teachers and Students as They Head Back to School
Today, AdoptAClassroom.org, announced that more than $2 million has been donated by the national off-price retailer Burlington Stores, the largest donation in the history of the three-year partnership. AdoptAClassroom.org, the award-winning national nonprofit organization that helps teachers get the basic supplies and materials needed to help their students learn and succeed, will use the donation to benefit more than 28,000 teachers and 720,000 students nationwide. This is the largest number of teachers and students reached in a year from a one-time corporate donation to AdoptAClassroom.org.
- Zacks
GameStop (GME) Stock Down on Wider-Than-Expected Q2 Loss
GameStop (GME) posted lower-than-expected second-quarter results. The company has been grappling with sluggish sales at its stores.
- Thomson Reuters StreetEvents
Edited Transcript of BURL earnings conference call or presentation 29-Aug-19 12:30pm GMT
Q2 2019 Burlington Stores Inc Earnings Call
- Zacks
Balanced Risk-Reward for Ross Stores (ROST): Prospects Bright
Ross Stores (ROST) gains from the proven off-price model, merchandising efforts and store expansion plans. But softness in the Ladies category, and tariff-related and other costs are headwinds.
- Zacks
PriceSmart's (PSMT) Comps Rise Again, Up 1.1% in August
PriceSmart's (PSMT) strategy to sell limited products at low prices helped it generate member loyalty. Comps increase for third straight month.
- Zacks
Casey's (CASY) Q1 Earnings Beat Estimates, Increase Y/Y
Casey's (CASY) first-quarter results benefit from gross margin expansion, cost containment efforts, store growth and fuel price optimization initiative.
- American City Business Journals
New-to-market retailer apparently coming to Roseville
It appears Duluth Trading Co., which sells outdoor gear and workwear, will enter the Sacramento area with a Roseville store. Duluth Trading plans to fill a portion of a former Toys R Us space at 6780 Stanford Ranch Road, according to information filed with the city of Roseville. The apparel retailer will fill 18,908 square feet, while an unspecified future tenant will occupy 24,969 square feet in the other half of the building, those plans state. Representatives from Mount Horeb, Wisconsin-based Duluth Holdings Inc. (Nasdaq: DLTH) declined to confirm plans for a future Roseville store. "As a publicly-traded company, our policy is not to disclose the timing of new store openings until the leasing, permitting and development process has been thoroughly vetted.
- Zacks
Why Burlington Stores (BURL) Could Be an Impressive Growth Stock
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Burlington Stores (BURL).
- Zacks
ETFs & Stocks to Make the Most of Back-to-School Shopping
Back-to-school shopping will definitely boost sales of retailers, leading to a surge in their stock prices.
