
Burlington Stores Boosts Sales 9.3% to $10.6B Amid Expansion Push
Burlington Stores, Inc.Description
What this story covers
Burlington Stores reported $10.6 billion in net sales for fiscal 2024, up 9.3% with 4% comparable store growth and gross margins at 43.2%. Net income rose 48% to $504 million, supported by 101 net new stores and efficient sourcing. Strong liquidity funds 100 more openings in 2025, navigating inflation and competition via opportunistic off-price model.
Story snapshot
CompanyBurlington Stores, Inc.
TickerBURL
VariantStandard detailed
Duration10:49
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0000950170-25-040472
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