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The Latest Breaking News from Burlington

TJX Stock Nears Buy Zone After Big Profit Jump. Analysts See A Bed Bath & Beyond Opportunity.

TJX stock is close to a buy point after earnings. Analysts see the off-price retailer benefiting in several ways from the Bed Bath & Beyond bankruptcy.

Investors Business Daily

Cottage bathroom ideas – how to get the pretty rustic look perfect for small spaces

Add character to your smallest room with these expert ideas for cottage-style bathrooms

Ideal Home

Burlington Stores Leverages Others' Mistakes, as Off-Price Retail Booms

The off-price retailer is bullish on its future as it snaps up unwanted merchandise from competitors worried about inflation and weak demand.

The Street

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‘When we rotated it 90 degrees it was obvious’: mystery sketch is rare Michelangelo draft for Sistine Chapel

Image of man battling serpents is confirmed as preparation for renaissance artist’s masterpiece

The Guardian - UK

Chiefs WR JuJu Smith-Schuster paid off layaway balances at Kansas City Burlington

#Chiefs WR JuJu Smith-Schuster & his @JuJuFoundation recently paid off nearly $10K in Burlington layaway balances to give back to Kansas City families for the holidays.

USA Today Sports Media Group

Thief drags handbags and purses behind him in brazen $5,000 Black Friday raid

The thief, who has not been identified, was captured on CCTV at the Burlington store in Hialeah, Florida, US, stuffing handbags in bin bags during the burglary on November 25

Daily Mirror

Burlington Stores employees win $11 million in overtime pay settlement

Discount retailer Burlington Stores, formerly known as Burlington Coat Factory, has agreed to an $11 million settlement in a lawsuit claiming that it refused to pay overtime to assistant store managers who weren't bona fide managers with the power to hire or fire employees but could work 50 to 55…

The Philadelphia Inquirer

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Q1 Earnings Miss, Dismal Outlook, CFO Appointment: Burlington Stores' Q1 Highlights

Burlington Stores, Inc. (NYSE:BURL) reported a first-quarter FY22 sales decline of 12% year-on-year to $1.93 billion, missing the consensus of $2.04 billion. Comparable store sales decreased by 18%. The gross margin contracted by 230 basis points Y/Y to 41%. The total costs and expenses fell 3.5% Y/Y to $1.9 billion. Adjusted EBIT was…

Benzinga

Dollar Tree, Dollar General Rally On Earnings After Walmart, Target Meltdowns

Dollar Tree and Dollar General beat views Thursday while Burlington Stores missed. But all 3 specialty discounters rose

Investors Business Daily

Loop Capital Turns Bearish On This Off-Price Retailer On Inflation Fears

Loop Capital analyst Laura Champine downgraded Burlington Stores Inc (NYSE:BURL) to Sell from Hold with a price target of $190, down from $255, suggesting a 15% downside. The analyst warned that inflation and reduced stimulus may lead to reductions in consensus estimates, as those factors disproportionately impact the company's customer base. Champine also believes that…

Benzinga

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