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.
