STOCK TITAN
  1. Home
  2. News
  3. BURL

Burlington Stores Inc - BURL STOCK NEWS

Welcome to our dedicated news page for Burlington Stores (Ticker: BURL), a resource for investors and traders seeking the latest updates and insights on Burlington Stores.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Burlington Stores's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Burlington Stores's position in the market.

News
Burlington Stores, Inc. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Burlington Stores, Inc. (BURL) reports strong financial results with total sales increasing 14% on a GAAP 14-week basis. Net income was $227 million, and diluted EPS stood at $3.53. The company also saw a 2% growth in comparable store sales on a non-GAAP 13-week basis, surpassing guidance. Adjusted EBIT margin increased by 110 basis points, and adjusted EPS rose by 25% to $3.69. For the full year, total sales increased by 12% on a GAAP 53-week basis, with net income reaching $340 million and diluted EPS at $5.23. Burlington Stores introduced an optimistic outlook for FY24 with an adjusted EPS forecast of $7.00-$7.60, reflecting a 12% to 22% increase over FY23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.48%
Tags
earnings
-
News
Burlington Stores, Inc. Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
Rhea-AI Summary
Burlington Stores, Inc. (BURL) will release its Q4 and FY 2023 results on March 7, 2024. A conference call will follow to discuss the results. Investors can access the call via dial-in or webcast. The company emphasizes using SEC filings, press releases, and conference calls for material information dissemination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
Tags
earnings
-
News
Burlington Stores, Inc. Reports Third Quarter 2023 Earnings
Rhea-AI Summary
Burlington Stores, Inc. (BURL) reported a 6% increase in comparable store sales, with a GAAP net income of $49 million and diluted EPS of $0.75 for the third quarter ended October 28, 2023. On a non-GAAP basis, the adjusted EPS was $0.98, excluding expenses related to the acquisition of Bed Bath & Beyond leases. Adjusted EPS was $1.10, exceeding the guidance of $0.97 to $1.12. CEO Michael O’Sullivan expressed satisfaction with the strong performance despite the weather impact and highlighted the positive start to November.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.74%
Tags
earnings
News
Burlington Stores Kicks Off the Holiday Season with its Coat Event in Partnership with Delivering Good
Rhea-AI Summary
Burlington Stores (BURL) Launches Burlington Coat Event with 10% Off Promotion and Donation to Those in Need
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.99%
Tags
partnership
-
News
Burlington Stores, Inc. Announces Third Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
Rhea-AI Summary
Burlington Stores, Inc. (NYSE: BURL) to release Q3 fiscal year 2023 results on November 21, 2023, with a conference call at 8:30 a.m. ET. Investors can access the call and webcast through the company's investor relations page. Replay available until November 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
earnings
-
News
Burlington Stores, Inc. Reports Second Quarter 2023 Earnings
Rhea-AI Summary
Burlington Stores reports Q2 results with total sales up 9% and net income of $31 million. Comparable store sales increased 4%. Adjusted EBIT was $68 million and Adjusted EPS was $0.60. The company plans to open 70-80 net new stores and expects total sales to increase 11-12% for Fiscal Year 2023. Adjusted EPS is expected to be in the range of $5.37 to $5.67.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.88%
Tags
earnings
News
Burlington Stores, Inc. Announces Second Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
Rhea-AI Summary
Burlington Stores, Inc. (NYSE: BURL) will release its second quarter fiscal year 2023 results before the U.S. stock market opens on August 24, 2023. The company will hold a conference call to discuss the results at 8:30 a.m. (Eastern Time) that day. Investors can access the conference call through a toll-free dial-in number or a live webcast on the company's investor relations page. A replay will be available for those unable to participate. Burlington Stores emphasizes the use of SEC filings, press releases, public conference calls, and webcasts to distribute material information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
earnings
-
News
Burlington Stores and AdoptAClassroom.org Launch 7th Annual Fundraising Campaign with $500,000 Donation
Rhea-AI Summary
Burlington Stores partners with AdoptAClassroom.org for a fundraising campaign to provide school supplies to high-needs classrooms. Customers can donate at checkout or round up their purchase. Burlington also surprises 1,000 teachers with $500 each to support 25,000 students. Teachers spend an average of $860 out-of-pocket each year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
none
-
News
Burlington Stores, Inc. Reports First Quarter 2023 Earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.8%
Tags
earnings
News
Burlington Stores, Inc. Announces First Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
earnings
Stock BURL logo
Burlington Stores Inc

NYSE:BURL

BURL Rankings

#727 Ranked by Market Cap
#3237 Ranked by Stock Gains
N/A Ranked by Dividends

BURL Stock Data

12.14B
63.09M
0.35%
109.3%
4.25%
Men's Clothing Stores
Retail Trade
Link
US
Burlington

About BURL

despite today’s tough retail environment, burlington is growing faster than ever! few companies can boast the kind of performance and opportunity you’ll find at this fortune 500 company. as one of the fastest growing off-price retailers in the nation, burlington is at the forefront of the off-price movement. featuring a large assortment of on-trend, high-quality, designer and name-brand merchandise at up to 65% off department store prices, we fulfill our commitment to our customers to provide “style for everyone!” since our inception, over 40 years ago, we’ve been growing and innovating at an incredible rate –and we’re showing no signs of slowing down. in october 2013, we began trading on the nyse under the ticker symbol burl. since then, we’ve added more than 100 new stores, established a buying office in southern california, significantly grown our supply chain operations, constructed a new, state-of-the-art corporate headquarters, remodeled a number of our distribution centers and c