Value Consumers: Some Are Trading Down, But Others Are Trading Up [Yahoo! Finance]
Burlington Stores, Inc. (BURL)
Last burlington stores, inc. earnings: 3/5 06:45 am
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burlingtoninvestors.com
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Source: Yahoo! Finance
The good news is that consumers are still spending, even as some continue to shift where they are handing over their hard-earned dollars. The U.S. Commerce Department last month upgraded its U.S. GDP estimate to an annual rate of 3 percent in the second quarter. The revised GDP for the first quarter was an increase of 1.4 percent. The significant change from quarter to quarter reflected, in part, increases in consumer spending. More from Sourcing Journal “Solid consumer spending meant firms also grew more profitable in the second quarter,” Wells Fargo economists Tim Quinlan and Shannon Seery Grein noted in a research note. “While the slower pace of hiring signals some hesitation among businesses to take on additional help, continued consumer resilience, even as households are growing a bit more choosy in their purchases, is boosting profitability and allowed for continued growth through the first half of the year.” Where consumers appear to be shifting their purchases—it remain
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BURL
News
- Burlington Stores (NYSE:BURL) Will Want To Turn Around Its Return Trends [Yahoo! Finance]Yahoo! Finance
- Burlington Stores, Inc. (NYSE: BURL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Are You a Value Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Burlington Is A Buy Ahead Of Its New Distribution Center And Improving Margin [Seeking Alpha]Seeking Alpha
- Is BURL Stock a Buy, Hold or Sell at a P/E Multiple of 28.6x? [Yahoo! Finance]Yahoo! Finance
BURL
Earnings
- 8/29/24 - Beat
BURL
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 144
- 10/11/24 - Form 4
- BURL's page on the SEC website