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-0.00151555336642283 -0.000909332019853784 -0.00511499261167721 -0.00534232561664066 -0.00827871026408518 -0.0161785321865646 -0.0254612965559051 -0.0206494146175122
Stock impact report

Why Burlington Stores Stock Jumped This Morning [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
Burlington's sales numbers rose in a shorter quarter Burlington's fourth-quarter sales rose 4.8% year over year, in line with the consensus analyst target of $3.28 billion. That's a robust increase, since the year-ago period was 14 weeks long, but this quarter only reflected 13 weeks of business results. Further down the income statement, adjusted earnings rose 12% to $4.13 per diluted share. Here, your average analyst firm would have settled for $3.77. Same-store sales rose 6% year over year, well ahead of management's guidance, which ranged from flat to a 2% increase. Burlington added 101 net new stores in 2024 and relocated 31 oversized locations to smaller lots. The company had 1,108 active stores by the end of the fourth quarter, aiming to open another 100 more locations than it plans to close in 2025. Bracing for potholes in 2025 The numbers were solid, and Burlington investors were impressed, but it wasn't all sunshine and rainbows. CEO Michael O'Sullivan noted that Show less Read more
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