Burlington Stores: Expecting A Beat & Raise In The Next Quarter
BURLBurlington Stores(BURL) Seeking Alpha·2024-09-03 01:24

Katrina Wittkamp Investment action I recommended a buy rating for Burlington Stores (NYSE:BURL) when I wrote about it in June, as I gained more confidence that BURL can achieve its long-term targets, given the encouraging 1Q24 results and underlying momentum. Based on my current outlook and analysis, I recommend a buy rating. BURL continues to report solid growth momentum, with acceleration in comparable store growth [CSG] that makes me believe management's guidance is overly conservative. My expectation is ...