Burlington Stores, Inc. Stock News

Burlington Stores, Inc. (BURL) is well-positioned for long-term growth with a good upside, benefiting from a growing off-price retail market and expanding store base. BURL's supply chain efficiency is improving, with plans for new distribution centers and automation, enhancing margins and reducing costs. Despite high debt, BURL remains solvent with strong liquidity and a share buyback program, ...

BURLINGTON, Ontario--(BUSINESS WIRE)--Canada MedLaser Clinics, a leader in laser hair removal and aesthetic treatments in Toronto, has expanded its services with the opening of its Burlington clinic. The renowned medspa brand's 15th location is conveniently situated inside Burlington Centre offering a wide range of treatments for various aesthetic concerns, including cellulite, hair loss, and u...

U.S. retail and food service sales for August reached nearly $711 billion, an improvement of 0.1% sequentially and 2.1% year-over-year. Though relatively modest, these gains nonetheless represent a surprise, as many analysts had anticipated that poor auto sales and the lingering impact of inflation would prompt a decline in retail sales overall.

Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts.

These retailers have been increasing same-store sales while improving their profit margins

As Burlington Stores CEO Michael O'Sullivan discussed the company's strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to strategic changes and their positive impact. “Over the past 18 months the external environment has become more favorable,” O'Sullivan said.

BURLINGTON, Ontario, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Ashwood Glen School proudly announces its certification as an International Baccalaureate (IB) World School for the Primary Years Programme (PYP) , becoming the sole provider of this prestigious program in Burlington, Ontario.

Burlington Stores posted strong Q2 2024 results with a 13% YoY sales increase and 5% comp sales growth, beating both management and Wall Street expectations. New store openings and accelerating comp sales growth, particularly in full-price sales, drove revenue and margin improvements, leading to an EBIT margin increase of 160 bps. Despite a cautious outlook for H2 2024 due to potential higher o...