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Stock impact report

Why Are Burlington (BURL) Shares Soaring Today [Yahoo! Finance]

Burlington Stores, Inc. (BURL) 
Last burlington stores, inc. earnings: 3/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: burlingtoninvestors.com
Company Research Source: Yahoo! Finance
Shares of off-price retail company Burlington Stores (NYSE:BURL) jumped 13.7% in the pre-market session after the company reported impressive fourth quarter 2024 results which beat analysts' profit and EPS expectations. The key highlight for the quarter was the strong 6% growth in comparable store sales, significantly exceeding the company's guidance of 0% to 2%. Looking ahead to fiscal 2025, Burlington anticipates overall sales growth of 6% to 8%, with comparable sales expected to increase by up to 2%. Despite this optimistic outlook, management remains cautious due to ongoing economic uncertainty. Overall, this was a decent quarter, but expectations were likely low given concerns about overall consumer health and very uneven quarterly results from retail peers. Is now the time to buy Burlington? Access our full analysis report here, it's free What The Market Is Telling Us Burlington's shares are not very volatile and have only had 6 moves greater than 5% over the last year. M Show less Read more
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