by Mike Duff | Aug 30, 2024 | Retail Articles
Burlington Stores turned in solid second-quarter gains while looking ahead to a back half of a year the company believes holds promise for its value positioning. Net income was $73.8 million, or $1.15 per diluted share, versus $30.9 million, or 47 cents per diluted...
by Mike Duff | Aug 5, 2024 | Retail Articles
Time’s 2024 America’s Best Midsize Companies ranks Williams-Sonoma as the top retailer. Williams-Sonoma ranked 17th overall among 500 companies ranked and atop the report’s Retail, Wholesale & Consumer Goods grouping. Other retailers from that group among...
by Mike Duff | May 30, 2024 | Retail Articles
Burlington Stores readily beat Wall Street first-quarter earnings estimates while squeezing past revenue expectations. Net income for the quarter was $78.5 million, or $1.22 per diluted share, versus $32.7 million, or 50 cents per diluted share, in the period a year...
by Mike Duff | May 13, 2024 | Retail Articles
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
by Mike Duff | Mar 14, 2024 | Retail Articles
Burlington Stores plans to invest in 100 new locations in the current fiscal year, continuing to add physical locations even in an off-pricer market where online sales have grown. In a conference call, Michael O’Sullivan, the company’s CEO, noted that Burlington had...
