Analysts are expecting the Florence, NJ-based off price branded apparel retailer to report a year over year rise in both its earnings per share and revenue results for the most recent quarter.
The company has been forecast by analysts surveyed by Thomson Reuters to post earnings of 23 cents per share on revenue of $1.23 billion for the three month period ended in October.
Burlington Stores' adjusted earnings came in at 16 cents per share on revenue of $1.16 billion for the 2014 third quarter.
The company's retail locations offer a wide variety of apparel for women, children and men. Burlington Stores also offers toys, handbags and accessories, items for the home and shoes.
Shares of Burlington Stores closed higher by 8.85% to $44.30 on Friday afternoon.
Separately, TheStreet Ratings team rates BURLINGTON STORES INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
We rate BURLINGTON STORES INC (BURL) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- After a year of stock price fluctuations, the net result is that BURL's price has not changed very much. Although its weak earnings growth may have played a role in this flat result, don't lose sight of the fact that the performance of the overall market, as measured by the S&P 500 Index, was essentially similar. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
- 39.57% is the gross profit margin for BURLINGTON STORES INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 0.94% trails the industry average.
- Net operating cash flow has significantly increased by 354.19% to $21.15 million when compared to the same quarter last year. In addition, BURLINGTON STORES INC has also vastly surpassed the industry average cash flow growth rate of 66.36%.
- BURLINGTON STORES INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, BURLINGTON STORES INC increased its bottom line by earning $0.85 versus $0.61 in the prior year. This year, the market expects an improvement in earnings ($2.32 versus $0.85).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Multiline Retail industry. The net income increased by 268.5% when compared to the same quarter one year prior, rising from -$6.47 million to $10.90 million.
- You can view the full analysis from the report here: BURL
Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet or any of its contributors.