The Latest Breaking News from Burlington Stores Inc

With the increased personal consumption expenditure and favorable financial market, the consumer discretionary sector is flourishing. Hence, it could be ideal to buy high-growth consumer discretionary stocks Burlington Stores (BURL), HNI Corporation (HNI), and American Outdoor Brands (AOUT) for potential returns. Read more.

With rising demand for luxury brands and sustainable fashion, apparel stocks make an exciting opportunity in 2024. Therefore, it could be wise for investors to consider investing in top apparel stocks, such as Ross Stores (ROST), Burlington Stores (BURL), and The TJX Companies (TJX). Continue reading….

The parents of a 14-year-old girl killed by Los Angeles police in a clothing store last year have filed a lawsuit against the department and the officer whose rifle round pierced a dressing room wall

Burlington Stores Inc (NYSE:BURL) reported fourth-quarter FY21 sales growth of 14.3% year-on-year, to $2.61 billion, missing the consensus of $2.78 billion.  Compared to Q4 FY19, total sales increased 18%, comparable store sales increased 6%, and the gross margin contracted by 230 basis points to 39.8%. The total costs and expenses grew 16% Y/Y to…

Loop Capital analyst Laura Champine downgraded Burlington Stores Inc (NYSE:BURL) to Sell from Hold with a price target of $190, down from $255, suggesting a 15% downside. The analyst warned that inflation and reduced stimulus may lead to reductions in consensus estimates, as those factors disproportionately impact the company's customer base. Champine also believes that…