Burlington Stores (BURL) are jumping on Thursday after topping its fourth quarter earnings estimates. Julie Hyman and Josh Lipton review the analyst commentary surrounding the retailer's earnings forecast for its first quarter and full-year 2025.
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This post was written by Luke Carberry Mogan.
All right, our next trending ticker. Let's check out Burlington Stores because that stock is getting a nice boost in today's trade. That's after the retailer did report Q4 earnings and revenue above the streets estimates, so moving higher. Uh analysts saying its sales forecast for the first quarter and full year, some of them were kind of saying, you know what, this was kind of better than feared. CEO saying the 2025 outlook very uncertain, Julie. We will plan and manage our business accordingly.
It's interesting that analysts are saying that the forecast is better than feared because the forecast on the face of it looks pretty bad, right? If you look at the first quarter, the company is expecting at most $1.45 in earnings. Analysts have been looking for $1.69, so quite a shortfall. For the full year, the company says comparable sales are going to be flat to up 2%. Analysts have been looking for a 2.2% gain. Um, Ross Stores, which just reported, I guess, gave a negative outlook, and so analysts were really bracing themselves for similar numbers from Burlington, and even though they were bad, they weren't as bad.
Yeah, so William Blair saying shares have been weak into the print, they had the stock had dropped about 20% this year through yesterday's close. They were talking about how concerns about lower income, lower income consumers, uh the analyst saying the more cautious outlook feels more in line with management's preferred conservative style.