From Yahoo Finance: 2025-05-30 14:45:00

Burlington Stores, Inc. (NYSE: BURL) shares are trading slightly higher on Friday after reporting first-quarter adjusted earnings per share of $1.60, beating analyst consensus estimates of $1.41. However, quarterly sales of $2.50 billion missed the Street view of $2.52 billion. The CEO, Michael O’Sullivan, believes the company can offset the impact of tariffs on merchandise margins in other areas of the profit and loss statement, as long as tariffs do not rise beyond current levels. Analysts have mixed views on Burlington, with Telsey Advisory Group reiterating an Outperform rating but lowering the price forecast from $340 to $300 due to macroeconomic uncertainty and rising costs. BofA Securities analyst Lorraine Hutchinson maintained a Buy rating with a price forecast of $350, noting that mitigation strategies could offset future pressure from tariffs. The company’s FY25 outlook includes a 30% tariff on imports from China and 10% on goods from other countries. To reduce reliance on China, Burlington is collaborating with vendors and sourcing more products from the U.S. Stock action shows BURL shares trading higher by 0.23% to $228.33 at last check on Friday.



Read more at Yahoo Finance: Can Burlington’s Profit Levers Deflect Tariff Impact? Analysts Weigh In