Burlington Stores Eyes 9.5% Q4 Revenue Growth Before Thursday Earnings
Burlington Stores will report Q4 earnings Thursday before markets open with analysts forecasting 9.5% year-over-year revenue growth, up from 4.8% last year. Shares are trading at $307.25 versus an average analyst price target of $351.79, while peers Ross Stores and TJX posted 12.2% and 8.5% revenue growth respectively.
1. Q4 Earnings Forecast
Burlington Stores will announce fourth-quarter results Thursday before the market opens, with analysts projecting 9.5% year-over-year revenue growth compared with a 4.8% gain in Q4 last year.
2. Last Quarter Performance
In Q3, Burlington delivered revenues of $2.71 billion, up 7.1% year over year, met top-line expectations, and beat EBITDA estimates, but provided revenue guidance that fell slightly below consensus.
3. Peer Comparisons
In the general merchandise retail segment, Ross Stores recorded 12.2% revenue growth and topped estimates by 3.2%, while TJX posted 8.5% growth, each outpacing Burlington’s recent performance.
4. Stock and Analyst Outlook
Shares trade at $307.25, a 2.9% gain over the past month, against an average analyst price target of $351.79, reflecting potential upside if Burlington meets or exceeds forecasts.