by Mike Duff | May 29, 2025 | Retail Articles
In the first quarter, Burlington Stores beat Wall Street on earnings but just missed on revenues, although both metrics gained year over year. CEO Michael O’Sullivan reaffirmed guidance, maintaining that the company can handle tariff pressure on margins. Net income...
by Mike Duff | May 16, 2025 | Retail Articles
With quarterly results upcoming from a range of retailers, Placer.ai looked at how foot traffic has fared at stores that are about to report earnings. In looking at store traffic, Placer.ai reported: TJX Cos. First-quarter visits to T.J. Maxx increased 3.8%...
by Mike Duff | Mar 6, 2025 | Retail Articles
The fourth quarter generated better-than-expected results for Burlington Stores. Net income was $260.8 million, or $4.02 per diluted share, versus $227.5 million, or $3.53 per diluted share, in the year-before period, the company noted. Adjusted for one-time events,...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Nov 26, 2024 | Retail Articles
Unseasonably warm weather this fall moderated Burlington Stores comp sales in its third quarter, although the company made progress year over year with a lift from store growth. Net income was $90.6 million, or $1.40 per diluted share, versus $48.6 million, or 75...
