Burlington Earnings Reports

Burlington superó sus propias expectativas en margen EBIT ajustado y EPS ajustado, a pesar de ventas comparables planas y un entorno comercial desafiante debido a los aranceles.

Burlington Stores reported Q4 2024 revenue of $3.27 billion, a 10% increase on a 13-week basis. Comparable store sales grew 6%, exceeding guidance. Net income rose to $261 million, with diluted EPS of $4.02, while Adjusted EPS was $4.13, a 12% increase. Gross margin improved to 42.9% due to higher merchandise margin and lower freight costs. The company ended the quarter with $994 million in cash and repurchased 218,443 shares for $61 million.