Burlington Stores Inc. is a leading off-price retail chain that specializes in offering a diverse range of products, including apparel, footwear, home goods, and accessories at discounted prices
The company sources brand-name and private-label merchandise, providing customers with high-quality items at affordable rates. With a focus on value and customer experience, Burlington Stores operates numerous locations across the United States, catering to a wide demographic by delivering fashionable products in a convenient shopping environment. The brand is known for its commitment to providing an engaging shopping experience, characterized by a treasure-hunt atmosphere that encourages consumers to explore a constantly changing inventory.
Telsey Advisory Group analyst Dana Telsey on Tuesday provided an overview of which consumer sectors were the best performers in the third-quarter and highlighted some "stocks with potential."
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Nordstrom (NYSEJWN) and the rest of the general merchandise retail stocks fared in Q3.
Off-price retail company Burlington Stores (NYSEBURL) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 10.5% year on year to $2.53 billion. Its non-GAAP profit of $1.55 per share was in line with analysts’ consensus estimates.
Looking back on discount retailer stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Ross Stores (NASDAQROST) and its peers.
