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 |
---|---|---|---|
1/10/2025 | $280.00 → $360.00 | Neutral → Buy | UBS |
11/27/2024 | $310.00 → $320.00 | Outperform | Telsey Advisory Group |
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 |
4 - Burlington Stores, Inc. (0001579298) (Issuer)
4 - Burlington Stores, Inc. (0001579298) (Issuer)
3 - 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)
10-Q - Burlington Stores, Inc. (0001579298) (Filer)
8-K - Burlington Stores, Inc. (0001579298) (Filer)
8-K - 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)
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)
UBS upgraded Burlington Stores from Neutral to Buy and set a new price target of $360.00 from $280.00 previously
Telsey Advisory Group reiterated coverage of Burlington Stores with a rating of Outperform and set a new price target of $320.00 from $310.00 previously
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
BURLINGTON, N.J., Nov. 26, 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, announced today that Shira Goodman, former Chief Executive Officer of Staples, Inc., is joining its Board of Directors and its Audit Committee effective January 1, 2025. John Mahoney, Chairman of the Board, stated, "We are very pleased to welcome Shira to our Board as a highly accomplished business leader with considerable public company board experience. I believe that she will enhance the depth and strength of our Board as it continues to oversee th
Total sales growth of 11% on top of 12% last yearComparable store sales growth of 1% on top of 6% last yearNet income was $91 million, and diluted EPS was $1.40 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 80 basis points Adjusted EPS increased 41% to $1.55 Adjusted EPS guidance for FY24 raised to $7.76-$7.96 BURLINGTON, N.J., Nov. 26, 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 third quarter ended November 2, 2024. Michael O'Sulliv
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,
Total sales growth of 11% on top of 12% last yearComparable store sales growth of 1% on top of 6% last yearNet income was $91 million, and diluted EPS was $1.40 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 80 basis points Adjusted EPS increased 41% to $1.55 Adjusted EPS guidance for FY24 raised to $7.76-$7.96 BURLINGTON, N.J., Nov. 26, 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 third quarter ended November 2, 2024. Michael O'Sulliv
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
BURLINGTON, N.J., Nov. 26, 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, announced today that Shira Goodman, former Chief Executive Officer of Staples, Inc., is joining its Board of Directors and its Audit Committee effective January 1, 2025. John Mahoney, Chairman of the Board, stated, "We are very pleased to welcome Shira to our Board as a highly accomplished business leader with considerable public company board experience. I believe that she will enhance the depth and strength of our Board as it continues to oversee th
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