Burlington Stores Inc expects 6-8 per cent sales growth in FY25 after an 11 per cent rise in FY24, with comparable store sales up 0-2 per cent. $950 million in capex is planned for 100 net new stores. Adjusted EPS is projected at $8.70-$9.30. In Q4 FY24, sales rose 5 per cent YoY, with net income at $261 million ($4.02 per share), driven by comparable sales growth and supply chain improvements.
Burlington is a New Jersey-based company that owns and operates a chain of off-price retail stores that distributes products such as apparel, beauty care and accessories.