Burlington Stores Inc
BURL-
Burlington Stores Inc. gained 0.6% to $259.25 after the off-price apparel and accessories retailer reported sales growth in the fiscal fourth quarter of 2024.
Revenue increased to $3.28 billion from $3.12 billion, net income jumped to $260.77 million from $227.46 million, and earnings per diluted share rose to $4.02 from $3.53 a year ago.
Fourth-quarter comparable store sales grew 6% versus guidance of zero to 2%.
The company guided for the first quarter of 2025 total sales growth between 5% and 7%, assuming flat comparable store sales, compared to $2.36 billion in the same quarter in 2024.
Adjusted earnings per share are expected to be between $1.30 and $1.45, compared to $1.35 per share last year.
Burlington said revenue in the full year is expected to increase between 6% and 8%, assuming comparable store sales would increase between zero and 2%, compared to $10.62 billion in 2024.
Adjusted earnings per share for the full year are expected to be between $8.70 and $9.30, compared to $8.17 per share a year ago.
Mar 7, 2025 -
Burlington Stores soared 20% to $165.06 after the discount retailer reported strong quarterly results, and comparable store sales rose 6% from a year ago.
Revenue in the third quarter increased 12% to $2.28 billion from $2.04 billion, net income advanced to $48.55 million from $16.78 million, and diluted earnings per share rose to 75 cents from 26 cents a year ago.
Total merchandise inventories declined 8% to $1.32 billion from $1.45 billion, but store-level inventories rose 2%.
During the third quarter, the company repurchased 348,948 shares of its common stock for $52 million, and $78 million were still available in the stock repurchase plan.
For the fiscal fourth quarter, the retailer is estimating total sales to increase between 5% and 7% and comparable sales to fall in the range between a decline of 2% and zero.
The company estimated total sales in fiscal year 2024 to increase 11%, including a 2% increase because of the 53rd week, and adjusted earnings per share in the range of $5.52 and $5.67, including 20 cents of expected incremental expenses related to the recently acquired Bed Bath & Beyond leases.
Nov 22, 2023 -
Burlington Stores said revenue in the fourth quarter increased 5% to $2.7 billion and comparable sales decreased 2%. Net income increased to $185 million from $122 million and diluted earnings per share rose to $2.83 from $1.80 a year ago.
Revenue in the full-year 2022 decreased 7% to $8.7 billion from $9.3 billion and net income declined 44% to $230 million from $408.8 million and diluted earnings per share fell to $3.49 from $6.0 in the previous year.
During the fourth quarter the company repurchased 275,029 shares of its common stock for $51 million and had $347 million remaining on its share repurchase program at the end of the period.
The discount retailer guided total sales in the 53-week fiscal year to increase in the range of 12% to 14% including approximately 2% from the 53rd week, reversing a 7% decrease in the previous year. The retailer forecasted comparable store sales to increase in the range of 3% to 5%, on top of the 13% decrease in the previous year.
Mar 2, 2023
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| Trading Volume | 30,012 |
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279.00 - 116.30 |
| Market Cap Full | $ 17.2B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | 1.4% | 19.4% | -0.3% | -37.5% |
| Q2 | - | 4.2% | -22.1% | -25.2% |
| Q3 | - | 2.6% | -14.1% | -17.9% |
| Q4 | - | -2.2% | 46.9% | 81.2% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.4 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -1.7 | 7.3 | 13.2 | -23.1 | 34.5 | -0.8 | 9.3 | 2.6 | - | - | - | - |
| 2023 | |||||||||||
| 13.4 | -6.8 | -5.7 | -4.6 | -22 | 4.6 | 12.9 | -8.6 | -16.6 | -10.5 | 40 | 14.7 |
| 2022 | |||||||||||
| -18.8 | -4.7 | -19.3 | 11.7 | -18.3 | -18.1 | 3.6 | -0.7 | -20.2 | 27.8 | 36.9 | 3.6 |
| 2021 | |||||||||||
| -4.7 | 4.1 | 15.2 | 9.2 | -0.9 | -0.4 | 4.7 | -11.1 | -0.4 | -7.4 | 6.1 | -0.5 |
| 2020 | |||||||||||
| -4.3 | -2.8 | -25.4 | 15.3 | 14.8 | -6.1 | -4.5 | 4.8 | 4.7 | -7.7 | 14.9 | 19.7 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 2.8 | 1.8 | 2.4 | 3.1 |
| Q2 | 0.5 | 0.2 | 2.5 | -5.1 |
| Q3 | 0.5 | 0.2 | 1.5 | -0.7 |
| Q4 | 0.8 | 0.3 | 0.2 | 0.1 |
| A | 4.53 | 3.5 | 6 | -3.3 |