Burlington Stores (NYSE: BURL)
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Burlington Stores Return vs. S&P
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Burlington Stores Company Info
Burlington Stores, Inc. engages in the retail of off-price apparel and home products. It offers women’s ready-to-wear apparel, accessories, footwear, menswear, youth apparel, baby, coats, beauty, toys, and gifts. It operates through the following segments: Ladies Apparel, Accessories and Shoes, Home, Mens Apparel, Kids Apparel and Baby, and Outerwear. The company was founded in 1972 and is headquartered in Burlington, NJ.
News & Analysis
The off-price retailer reported a disappointing Q3, but things are looking up.
The discount retailer got a big vote of confidence from Wall Street this week.
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The discount retailer missed earnings expectations by a wide margin, and investors punished the stock accordingly.
The off-price retailer will more than double its pace of store openings compared to pre-pandemic levels.
After a solid run, off-price chains could face challenges during the first part of the new year.
The off-price retailer is in the midst of opening 60 new stores in the span of two months, but Burlington stock has fallen about 15% since mid-August.
The off-price retailer posted excellent second-quarter results but expects to experience significant margin pressure over the next few quarters.
BURL earnings call for the period ending October 30, 2021.
BURL earnings call for the period ending May 4, 2019.
BURL earnings call for the period ending February 2, 2019.
BURL earnings call for the period ending October 31, 2018.
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