NYSE:BURLSpecialty Retail
What Burlington Stores (BURL)'s Revenue Beat And Softer Outlook Mean For Shareholders
Burlington Stores recently reported quarterly results showing a 7.1% year-on-year revenue increase and an EBITDA outcome above analyst estimates, while offering slightly softer revenue guidance for the upcoming quarter.
Management highlighted that comparable store sales rose 1% despite weather-related traffic headwinds, and that Burlington lagged its off-price peers on revenue growth even as performance still improved.
We’ll now examine how Burlington’s revenue growth alongside an EBITDA...