Burlington (BURL) Stock Up 28% in 3 Months: How to Play Ahead?
Burlington Stores(BURL) ZACKS·2024-07-12 22:56
Burlington Stores, Inc. (BURL) has exhibited a decent run on the bourses in the past three months, owing to its Burlington 2.0 initiative, which focuses on an off-price model with enhanced marketing, better merchandising and efficient inventory management. The company is opening smaller, cost-effective stores and acquiring Bed Bath & Beyond leases for expansion. In the said period, the BURL stock has risen 27.6%, outpacing the S&P 500’s growth of 7.4%. On Jul 11, 2024, Burlington's stock reached a 52-week h ...