Burlington Stores, Inc. (NYSE:BURL) retailer of branded apparel products, is expected to report second quarter earnings results, before market open, on Thursday 27th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 1.04 per share.
Looking ahead, the full year loss are expected at $ 1.49 per share on the revenues of $ 5913.01 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 7,869.00 million ~ $ 7,942.00 million, where as bottomline are predicted in a range of $ 7.97 ~ $ 8.12 per share
Click Here For More Historical Outlooks Of Burlington Stores, Inc.
Previous Quarter Performance
Burlington Stores, Inc. reported loss for the first quarter of $ 4.76 per share, from the revenue of $ 801.52 million. Street analysts expected Burlington Stores, Inc. to report loss of $ 1.03 per share on revenue of $ 956.42 million for the first quarter. The bottom line results missed street analysts by $ 3.73 or 362.14 percent, at the same time, top line results fell short of analysts by $ 154.9 million or 16.2 percent.
Stock Performance
Shares of Burlington Stores, Inc. traded up $ 1.87 or 0.96 percent on Wednesday, reaching $ 196.43 with volume of 1.48 million shares. Burlington Stores, Inc. has traded high as $ 196.60 and has cracked $ 192.80 on the downward trend
The closing price of $ 196.43, representing a 84.12 % increase from the 52 week low of $ 105.67 and a 22.45 % decrease over the 52 week high of $ 250.89.
The company has a market capital of $ 12.93 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Recent Analyst recommendations
- On 17th August 2020, upgraded by Telsey Advisory Group to Outperform from Market Perform rating.
Conference Call
Burlington Stores, Inc. will be hosting a conference call at 8:30 AM eastern time on 27th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-866-437-5084 Toll Free or 1-409-220-9374 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/5kfs4y65
Burlington Stores, Inc. operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including womens ready-to-wear apparel, accessories, footwear, menswear, youth apparel, coats, toys, and gifts, as well as baby, home, and beauty products.
