The Latest Breaking News from Burlington Stores

With higher interest rates and sticky inflation undercutting the purchasing power of most consumers, value retailers are holding up against a broader spending pullback as anxiety over the economy prompts shoppers to seek discounts and deals. Many of the off-price retailers, such as TJX Cos (TJX ), Ross Stores (ROST...

Retail stocks including Dick's Sporting Goods and Foot Locker took hard hits this week on turns in consumer spending and analyst sentiment.

Burlington stock sees its Relative Strength Rating enter the 80-plus level, a bullish sign.

The off-price retailer is bullish on its future as it snaps up unwanted merchandise from competitors worried about inflation and weak demand.

Discount retailer Burlington Stores, formerly known as Burlington Coat Factory, has agreed to an $11 million settlement in a lawsuit claiming that it refused to pay overtime to assistant store managers who weren't bona fide managers with the power to hire or fire employees but could work 50 to 55…

 

Upgrades

Burlington Stores (NYSE:BURL) has observed the following analyst ratings within the last quarter:

Analysts have provided the following ratings for Burlington Stores (NYSE:BURL) within the last quarter:

According to Benzinga Pro, during Q1, Burlington Stores (NYSE:BURL) earned $16.17 million, a 86.7% increase from the preceding quarter. Burlington Stores's sales decreased to $1.93 billion, a 26.03% change since Q4.

The major indexes made bullish gains Thursday, even on bad news. Albemarle leads five stocks flashing buy signals.