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...
by Mike Duff | Oct 9, 2024 | Retail Articles
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
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...
