Burlington Stores - Discount Retailer Benefits from Increased Customer Traffic!
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Business Drivers: Burlington Stores (BURL) is one of the largest discount retailers in the USA with over 1,060 locations in 46 states. Burlington Stores is especially popular due to its wide range of offerings, including women's and men's clothing, accessories, shoes, as well as household goods, toys, and more, often providing brand-name items at prices up to 60% lower than specialty retailers. Recently, the company surprised with very strong Q3 results. The adjusted earnings per share were $1.72, significantly exceeding consensus expectations of...
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