Burlington Stores, Inc. (BURL) is currently priced at $321.98, showing a decrease of $4.34 (-1.33%) from the previous close. The trading volume is $81,576, representing a 10.39% deviation from the average.
In the latest quarterly report on Wednesday, March 4th, BURL reported earnings per share of $4.89, surpassing the consensus estimate of $4.7.
The company experienced a net change in cash of $648.45 million, ending the period with $1.23 billion in cash. Noteworthy is the operating cash flow of $937.52 million.
BURL generated revenue of $3.65 billion with a gross profit of $1.46 billion. Operating income stood at $411.28 million, resulting in a net income of $310.38 million.
Key ratios include a net profit margin of 8.51%, return on equity at 17.17%, and a price to earnings ratio of 15.28.
Total assets amount to $9.92 billion, with total liabilities at $8.11 billion. BURL holds $1.23 billion in cash and cash equivalents.
This financial snapshot showcases BURL's performance, highlighting its earnings beat and solid cash position, amidst fluctuating market conditions.
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products. As of January 29, 2022, it operated 837 stores under the Burlington Stores name, 2 stores under the Cohoes Fashions name, and 1 store under the MJM Designer Shoes name in 45 states and Puerto Rico. Burlington Stores, Inc. was founded in 1972 and is headquartered in Burlington, New Jersey.