BURL Earnings Prediction
The chart below shows how BURL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BURL sees a -5.05% change in stock price 10 days leading up to the earnings, and a +1.34% change 10 days following the report. On the earnings day itself, the stock moves by +3.73%. This data can give you a slight idea of what to expect for the next quarter's release.
BURL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.29B
12.19%
5.27%
Gross Margin
39.99%
5.32%
4.09%
Operating Margin
3.87%
64.68%
39.71%
Net Margin
2.12%
158.54%
49.30%
EPS
0.75
188.46%
59.57%
No Data Available
BURL Earnings Analysis
BURLINGTON STORES, INC. Corporation (BURL.N) Earnings Conference Call
Positive
Sales Growth Acceleration: Total sales increased 11% in the third quarter, on top of 12% sales growth last year.
Comp Sales Growth: Comp sales grew 1%, which was on top of 6% last year.
EBIT Margin Expansion: Our adjusted EBIT margin expanded 80 basis points versus last year.
Gross Margin Improvement: The gross margin rate for the third quarter was 43.9%, an increase of 70 basis points versus last year.
Earnings Per Share Surge: Our adjusted earnings per share in Q3 was $1.55, at the high end of our guidance range and represents a 41% increase versus the prior year.
Negative
Sales Growth Slowdown: Total sales grew 1% in the third quarter, which was on top of 6% last year, indicating a slowdown in growth.
Comp Sales Growth Decline: Comp sales grew 1%, which was on top of 6% last year, showing a decline in momentum.
Sales Impact from Weather: Our comp sales trend in the third quarter was impacted by significantly warmer temperatures than last year, affecting sales negatively.
Inventory Reduction Analysis: At the end of the quarter, our comparable store inventories were down 2% versus the end of the third quarter in 2023, indicating a reduction in stock levels.
Adjusted EBIT Margin Outlook: We expect our fourth quarter adjusted EBIT margin to decrease by 50 basis points to 80 basis points, unchanged from our previous outlook.
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BURL Earning Call Sentiment
Burlington Stores, Inc. (BURL) Q3 2024 Earnings Call Transcript
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00:00
00:00
BURL.N
1.26%Positive
The earnings call summary indicates strong financial performance with an 11% increase in total sales, improved EBIT margins, and a 41% rise in adjusted EPS. The Q&A session reveals positive November trends and effective inventory management. Despite minor concerns about regulatory risks and competitive pressures, the company's robust sales growth, margin expansion, and shareholder returns suggest a positive outlook. The share repurchase program and strategic initiatives further bolster this sentiment, predicting a stock price increase in the 2% to 8% range over the next two weeks.
