Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. As of March 4, 2021, the company operated 761 stores in 45 states and Puerto Rico primarily under the name Burlington Stores. The company was founded in 1972 and is headquartered in Burlington, New Jersey.
IPO Year: 2013
Exchange: NYSE
Website: burlingtoninvestors.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/30/2024 | $300.00 → $310.00 | Outperform | Telsey Advisory Group |
| 8/23/2024 | $270.00 → $300.00 | Outperform | Telsey Advisory Group |
| 8/19/2024 | $300.00 | Hold → Buy | Gordon Haskett |
| 8/9/2024 | $257.00 → $279.00 | Hold → Buy | TD Cowen |
| 5/31/2024 | $250.00 → $270.00 | Outperform | Telsey Advisory Group |
| 5/2/2024 | $126.00 → $212.00 | Sell → Neutral | UBS |
| 3/8/2024 | $225.00 → $250.00 | Outperform | Telsey Advisory Group |
| 1/17/2024 | $155.00 → $240.00 | Neutral → Overweight | Piper Sandler |
| 11/7/2023 | $150.00 | Outperform | Evercore ISI |
| 9/27/2023 | $137.00 | Buy → Hold | Gordon Haskett |
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
SC 13G/A - Burlington Stores, Inc. (0001579298) (Subject)
BURLINGTON, N.J., May 26, 2022 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced that Kristin Wolfe has been appointed Chief Financial Officer effective on or about August 1, 2022. As previously announced, the employment of John Crimmins, the Company's current Chief Financial Officer, will end on August 31, 2022. The month overlap will allow for both executives to transition, and Mr. Crimmins will provide consulting services to the Company through the end of February 2023. Ms. Wolfe joins Burlington from Ross Stor
BURLINGTON, N.J., April 04, 2022 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced that John Crimmins will retire from his position as Chief Financial Officer on the earlier of August 31, 2022 or the date his successor commences employment. Burlington has initiated an external search for a new Chief Financial Officer and, in order to ensure an orderly transition, Mr. Crimmins has agreed to provide consulting services at the request of the company through the end of February 2023. "I greatly appreciate John's outstan
Telsey Advisory Group reiterated coverage of Burlington Stores with a rating of Outperform and set a new price target of $310.00 from $300.00 previously
Telsey Advisory Group reiterated coverage of Burlington Stores with a rating of Outperform and set a new price target of $300.00 from $270.00 previously
Gordon Haskett upgraded Burlington Stores from Hold to Buy and set a new price target of $300.00
TD Cowen upgraded Burlington Stores from Hold to Buy and set a new price target of $279.00 from $257.00 previously
Telsey Advisory Group reiterated coverage of Burlington Stores with a rating of Outperform and set a new price target of $270.00 from $250.00 previously
UBS upgraded Burlington Stores from Sell to Neutral and set a new price target of $212.00 from $126.00 previously
Telsey Advisory Group reiterated coverage of Burlington Stores with a rating of Outperform and set a new price target of $250.00 from $225.00 previously
Piper Sandler upgraded Burlington Stores from Neutral to Overweight and set a new price target of $240.00 from $155.00 previously
Evercore ISI initiated coverage of Burlington Stores with a rating of Outperform and set a new price target of $150.00
Gordon Haskett downgraded Burlington Stores from Buy to Hold and set a new price target of $137.00
8-K - Burlington Stores, Inc. (0001579298) (Filer)
10-Q - Burlington Stores, Inc. (0001579298) (Filer)
8-K - Burlington Stores, Inc. (0001579298) (Filer)
10-Q - Burlington Stores, Inc. (0001579298) (Filer)
8-K - Burlington Stores, Inc. (0001579298) (Filer)
8-K - Burlington Stores, Inc. (0001579298) (Filer)
ARS - Burlington Stores, Inc. (0001579298) (Filer)
DEFA14A - Burlington Stores, Inc. (0001579298) (Filer)
DEF 14A - Burlington Stores, Inc. (0001579298) (Filer)
PRE 14A - Burlington Stores, Inc. (0001579298) (Filer)
BURLINGTON, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, will release its third quarter fiscal year 2024 results before the U.S. stock market opens on Tuesday, November 26, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 4718197) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relatio
Total sales growth of 13%; comparable store sales growth of 5%Net income was $74 million, and diluted EPS was $1.15 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 160 basis pointsAdjusted EPS increased 98% to $1.24Adjusted EPS guidance for FY24 raised to $7.66-$7.96 BURLINGTON, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 second quarter ended August 3, 2024. Michael O'Sullivan, CEO, stated, "We are pleased with our resul
BURLINGTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, will release its second quarter fiscal year 2024 results before the U.S. stock market opens on Thursday, August 29, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 8773565) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relatio
On a GAAP basis, total sales increased 11%, net income was $79 million, and diluted EPS was $1.22Comparable store sales increased 2%On a non-GAAP basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases: Adjusted EBIT margin increased 170 basis points, andAdjusted EPS increased 68% to $1.42 Increasing outlook for FY24 Adjusted EPS to $7.35-$7.75, an increase of 18% to 24% over FY23 on a 52-week basis; guidance excludes certain expenses associated with the acquisition of Bed Bath & Beyond leases BURLINGTON, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded appa
BURLINGTON, N.J., May 16, 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 first quarter fiscal year 2024 results before the U.S. stock market opens on Thursday, May 30, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 3047342) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingtoninvestors.
On a GAAP 14-week basis, total sales increased 14%, net income was $227 million, and diluted EPS was $3.53On a non-GAAP 13-week basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases (as applicable): Comparable store sales increased 2%, ahead of guidance for -2% to 0%Adjusted EBIT margin increased 110 basis points, well over guidance for an increase of 0 to 40 basis pointsAdjusted EPS increased 25% to $3.69, well above guidance of $3.10 to $3.25 On a GAAP 53-week basis, total sales increased 12%, net income was $340 million, and diluted EPS was $5.23Introducing outlook for FY24 Adjusted EPS of $7.00-$7.60, an increase of 12% to 22% over FY23 on a 52-wee
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. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 9287827) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingto
Comparable store sales increased 6% versus our guidance of 5% to 7%On a GAAP basis, net income was $49 million, and diluted EPS was $0.75On a non-GAAP basis Adjusted EPS was $0.98 versus our guidance of $0.86 to $1.01Excluding expenses associated with the acquisition of Bed Bath & Beyond leases, Adjusted EPS was $1.10 versus our guidance of $0.97 to $1.12 BURLINGTON, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 third quarter ended October 28, 2023. Michael O'Sullivan,
BURLINGTON, N.J., Nov. 07, 2023 (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 third quarter fiscal year 2023 results before the U.S. stock market opens on Tuesday, November 21, 2023. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 3725256) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingtoninves
On a GAAP basis, total sales increased 9% Net income was $31 million, and diluted EPS was $0.47Comparable store sales increased 4% On a non-GAAP basis, Adjusted EBIT was $68 million and Adjusted EPS was $0.60, which included $0.03 per share of expense related to recently acquired Bed Bath & Beyond leases BURLINGTON, N.J., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 second quarter ended July 29, 2023. Michael O'Sullivan, CEO, stated, "Our comparable store sales growth for th
BURLINGTON, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, will release its third quarter fiscal year 2024 results before the U.S. stock market opens on Tuesday, November 26, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 4718197) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relatio
Total sales growth of 13%; comparable store sales growth of 5%Net income was $74 million, and diluted EPS was $1.15 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 160 basis pointsAdjusted EPS increased 98% to $1.24Adjusted EPS guidance for FY24 raised to $7.66-$7.96 BURLINGTON, N.J., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 second quarter ended August 3, 2024. Michael O'Sullivan, CEO, stated, "We are pleased with our resul
BURLINGTON, N.J., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, will release its second quarter fiscal year 2024 results before the U.S. stock market opens on Thursday, August 29, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 8773565) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relatio
On a GAAP basis, total sales increased 11%, net income was $79 million, and diluted EPS was $1.22Comparable store sales increased 2%On a non-GAAP basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases: Adjusted EBIT margin increased 170 basis points, andAdjusted EPS increased 68% to $1.42 Increasing outlook for FY24 Adjusted EPS to $7.35-$7.75, an increase of 18% to 24% over FY23 on a 52-week basis; guidance excludes certain expenses associated with the acquisition of Bed Bath & Beyond leases BURLINGTON, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), a nationally recognized off-price retailer of high-quality, branded appa
BURLINGTON, N.J., May 16, 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 first quarter fiscal year 2024 results before the U.S. stock market opens on Thursday, May 30, 2024. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 3047342) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingtoninvestors.
On a GAAP 14-week basis, total sales increased 14%, net income was $227 million, and diluted EPS was $3.53On a non-GAAP 13-week basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases (as applicable): Comparable store sales increased 2%, ahead of guidance for -2% to 0%Adjusted EBIT margin increased 110 basis points, well over guidance for an increase of 0 to 40 basis pointsAdjusted EPS increased 25% to $3.69, well above guidance of $3.10 to $3.25 On a GAAP 53-week basis, total sales increased 12%, net income was $340 million, and diluted EPS was $5.23Introducing outlook for FY24 Adjusted EPS of $7.00-$7.60, an increase of 12% to 22% over FY23 on a 52-wee
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. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 9287827) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingto
Comparable store sales increased 6% versus our guidance of 5% to 7%On a GAAP basis, net income was $49 million, and diluted EPS was $0.75On a non-GAAP basis Adjusted EPS was $0.98 versus our guidance of $0.86 to $1.01Excluding expenses associated with the acquisition of Bed Bath & Beyond leases, Adjusted EPS was $1.10 versus our guidance of $0.97 to $1.12 BURLINGTON, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 third quarter ended October 28, 2023. Michael O'Sullivan,
BURLINGTON, N.J., Nov. 07, 2023 (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 third quarter fiscal year 2023 results before the U.S. stock market opens on Tuesday, November 21, 2023. The Company will also hold a conference call to discuss results at 8:30 a.m. (Eastern Time) that day. The U.S. toll free dial-in for the conference call is 1-800-715-9871 (passcode: 3725256) and the international dial-in number is 1-646-307-1963. A live webcast of the conference call will also be available on the investor relations page of the company's website at www.burlingtoninves
On a GAAP basis, total sales increased 9% Net income was $31 million, and diluted EPS was $0.47Comparable store sales increased 4% On a non-GAAP basis, Adjusted EBIT was $68 million and Adjusted EPS was $0.60, which included $0.03 per share of expense related to recently acquired Bed Bath & Beyond leases BURLINGTON, N.J., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:BURL), 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 second quarter ended July 29, 2023. Michael O'Sullivan, CEO, stated, "Our comparable store sales growth for th
Burlington Stores (NYSE:BURL) has outperformed the market over the past 10 years by 11.78% on an annualized basis producing an average annual return of 22.46%. Currently, Burlington Stores has a market capitalization of $16.28 billion. Buying $1000 In BURL: If an investor had bought $1000 of BURL stock 10 years ago, it would be worth $7,629.60 today based on a price of $255.01 for BURL at the time of writing. Burlington Stores's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's au
Ratings for Burlington Stores (NYSE:BURL) were provided by 18 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 12 4 0 0 Last 30D 0 2 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 9 2 0 0 3M Ago 0 1 2 0 0 Analysts have set 12-month price targets for Burlington Stores, revealing an average target of $259.17, a high estimate of $300.00, and a low estimate of $209.00. This upward trend is apparent, with the current average
JP Morgan analyst Matthew Boss maintains Burlington Stores (NYSE:BURL) with a Overweight and raises the price target from $284 to $288.
Wells Fargo analyst Ike Boruchow maintains Burlington Stores (NYSE:BURL) with a Overweight and raises the price target from $275 to $300.
Burlington Stores's (NYSE:BURL) short percent of float has risen 6.4% since its last report. The company recently reported that it has 2.64 million shares sold short, which is 5.32% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.48 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short intere
Burlington Stores (NYSE:BURL) has outperformed the market over the past 10 years by 11.86% on an annualized basis producing an average annual return of 22.74%. Currently, Burlington Stores has a market capitalization of $14.91 billion. Buying $1000 In BURL: If an investor had bought $1000 of BURL stock 10 years ago, it would be worth $7,612.90 today based on a price of $233.64 for BURL at the time of writing. Burlington Stores's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's au
Burlington Stores (NYSE:BURL) has outperformed the market over the past 10 years by 12.05% on an annualized basis producing an average annual return of 22.73%. Currently, Burlington Stores has a market capitalization of $15.61 billion. Buying $1000 In BURL: If an investor had bought $1000 of BURL stock 10 years ago, it would be worth $7,675.46 today based on a price of $244.54 for BURL at the time of writing. Burlington Stores's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's au
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume GME CALL SWEEP BULLISH 06/28/24 $30.00 $33.0K 9.8K 9.6K AMZN CALL SWEEP BULLISH 09/20/24 $165.00 $794