Burlington Stores Gears Up for Q4 Earnings: What to Expect From BURL?

As Burlington Stores, Inc. BURL readies to announce its fourth-quarter fiscal 2024 earnings, investors are closely watching for insights into the company's performance amid a challenging retail landscape. The earnings report, scheduled for release on March 6 before the opening bell, is expected to provide critical indicators of how Burlington Stores has navigated recent economic shifts.The company is anticipated to show a notable increase in its top line. The Zacks Consensus Estimate for revenues is currently pegged at $3.28 billion, implying a 5% rise from the prior year's reported figure. This potential growth reflects Burlington's ability to maintain momentum despite a tough operational environment.Burlington Stores is also expected to deliver strong bottom-line growth. The Zacks Consensus Estimate for fourth-quarter earnings per share has risen by a couple of cents to $3.76 over the past seven days, indicating an increase from $3.66 reported in the same quarter last year. This suggests that the off-price retailer, known for offering high-quality branded apparel at everyday low prices, continues to enhance its profitability.Burlington Stores has a trailing four-quarter earnings surprise of 18.8%, on average. In the last reported quarter, this Burlington, NJ-based company outperformed the Zacks Consensus Estimate by 0.7%.See the Zacks Earnings Calendar to stay ahead of market-making news.Burlington Stores, Inc. Price, Consensus and EPS Surprise Burlington Stores, Inc. price-consensus-eps-surprise-chart | Burlington Stores, Inc. QuoteThe Dynamics Behind Burlington’s Q4 EarningsAt a time when consumers continue to prioritize affordability, Burlington Stores’ off-price model resonates strongly. By offering brand-name products at discounted prices, the company successfully attracts a diverse customer base, fostering repeat purchases and enhancing customer retention.Burlington Stores’ ability to adapt to evolving consumer preferences provides a distinct competitive edge. The company’s aggressive expansion strategy, including store openings in high-traffic markets and relocations from slower growth areas, is broadening its reach and allowing it to tap into new demographics. The ability to quickly adjust inventory levels based on real-time data insights has enabled the company to seize opportunities. This approach not only drives foot traffic but also improves store productivity.With the fourth quarter aligning with the holiday shopping season, Burlington Stores is poised to have benefited from heightened consumer spending. Its curated mix of seasonal apparel, home goods and essentials, combined with a strong emphasis on value pricing and on-trend merchandise, is expected to have driven higher store traffic and conversion rates. We expect comparable store sales to increase 1.4% during the fourth quarter.What the Zacks Model Predicts for BURLAs investors prepare for Burlington Stores' fourth-quarter announcement, the question looms regarding earnings beat or miss. Our proven model does not conclusively predict an earnings beat for Burlington Stores this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here. Burlington Stores currently carries a Zacks Rank #3 but has an Earnings ESP of -0.69%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.3 Stocks With the Favorable CombinationHere are three companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:Costco Wholesale Corporation COST currently has an Earnings ESP of +0.14% and a Zacks Rank #2. The Zacks Consensus Estimate for second-quarter fiscal 2025 earnings per share is pegged at $4.09, suggesting 10.2% year-over-year growth. You can see the complete list of today’s Zacks #1 Rank stocks here.Costco’s top line is expected to ascend year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $63.2 billion, which indicates an increase of 8.2% from the figure reported in the prior-year quarter. COST has a trailing four-quarter earnings surprise of 2%, on average.American Eagle Outfitters AEO currently has an Earnings ESP of +2.29% and carries a Zacks Rank #3. The company is likely to register a bottom-line decrease when it reports fourth-quarter fiscal 2024 numbers. The Zacks Consensus Estimate for the quarterly earnings per share of 50 cents suggests a decline from 61 cents reported in the year-ago quarter. American Eagle Outfitters’ top line is expected to advance year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $1.61 billion, which indicates a decrease of 4.3% from the figure reported in the prior-year quarter. American Eagle Outfitters has a trailing four-quarter earnings surprise of 12.6%, on average.Abercrombie & Fitch Co. ANF currently has an Earnings ESP of +0.59% and a Zacks Rank of 3. The company is likely to register an increase in the bottom line when it reports fourth-quarter fiscal 2024 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $3.49 suggests a rise of 17.5% from the year-ago reported number. Abercrombie & Fitch’s top line is expected to ascend year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $1.56 billion, which suggests an increase of 7.6% from the prior-year quarter. ANF has a trailing four-quarter earnings surprise of 14.8%, on average.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks