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StockNews.com
Business
Rjkumari Saxena

Is Burlington Stores' Expansion a Signal to Invest Now?

Burlington Stores, Inc. (BURL) is a nationally recognized apparel retailer offering a wide range of fashion-focused merchandise, like women's, menswear, youth, footwear, accessories, toys, gifts, coats, and baby, home, and beauty products. Recently, the company posted solid financial results for the fiscal third quarter (ended November 2).

For the third quarter, the company reported total sales growth of 11% from the prior year’s quarter. Also, its comparable store sales growth grew 1% year-over-year. Burlington also maintained its company growth in the third quarter at 4%, consistent with the previous trends.

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