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...
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...
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...
Burlington Stores beat Wall Street fourth-quarter earnings and revenue estimates. Net income was $227.5 million, or $3.53 per diluted share on a 14-week basis versus $185.2 million, or $2.83 per diluted share for the 13-week quarter in the year past. Adjusted net...
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
