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While the top- and bottom-line numbers for Burlington Stores (BURL) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Burlington Stores (BURL) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $0.98 per share a year ago.
“Our third quarter comp trend started out very strongly, but then warmer temperatures from mid-September onwards slowed our sales momentum,” the company's CEO said.
Burlington Stores' Q3 earnings are likely to reflect strategies focused on delivering value and attracting trade-down shoppers.
Retail stocks Deckers Outdoor and Burlington Stores broke out of bases and reached new highs. An online auto auction stock also hit a high.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Burlington Stores (BURL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
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Lorraine Hutchinson, Bank of America senior retail analyst, joins CNBC's 'The Exchange' to discuss how the consumer is thinking about their spending, what to expect from retail earnings this week, and more.
Burlington Stores (BURL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Two software makers embracing AI are among five stocks near buy points as the Trump rally wavers. Just one is in a buy zone now.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.