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home / news releases / BURL - Burlington Stores: Stay Buy Rated As Stock Continues To Deliver

BURL - Burlington Stores: Stay Buy Rated As Stock Continues To Deliver

Burlington Stores Inc.

2024-06-02 22:29:58 ET

Summary

  • Burlington Stores reported strong 1Q24 earnings, beating expectations with 10.5% revenue growth and 2% same-store sales growth.
  • The company raised its FY24 EPS guidance and expects flat to 2% SSS growth for the full year.
  • I continue to recommend a buy rating for Burlington Stores, as I believe BURL can meet long-term targets and the valuation is attractive.

Investment action

For further details see:

Burlington Stores: Stay Buy Rated As Stock Continues To Deliver
Stock Information
Company Name: Burlington Stores Inc.
Stock Symbol: BURL
Market: NYSE
Website: burlingtoninvestors.com
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