에 대한 최신 뉴스 Burlington Stores (NYSE:BURL) 주식

Burlington Stores

Burlington Stores Inc is off-price retailer offering an extensive selection of in-season, fashion-focused merchandise including: women's ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. Company sell a broad selection of desirable, first-quality, current-brand, labeled merchandise acquired directly from nationally recognized manufacturers and other suppliers. Company sell product in category such as Ladies apparel, Accessories and shoes, Home, Mens apparel, Kids apparel and baby and Outerwear.

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BIRK

BURL

CAVA

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ONON

지난주 이들 10개의 대형주는 최고의 성과를 거두었다. 이들 주식이 당신의 포트폴리오에 있나요? 버켄스탁 홀딩(NYSE:BIRK)의 주가는 회사가 강력한 2분기 실적을 발표하고 연간 매출 성장 가이던스를 상향 조정한 후 22.20% 상승했다. 몇몇 애널리스트들은 목표 주가를 상향 조정했다. 

니오와 베스트 바이는 지난주 최고의 성과를 보인 10개의 대형주 중 일부

Burlington Stores Inc

WIIM

Burlington Stores shares are trading higher after UBS raised its price target on the stock from $270 to $280.

Ratings for Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">6</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $308.53, a high estimate of $345.00, and a low estimate of $280.00. Marking an increase of 9.35%, the current average surpasses the previous average price target of $282.14. 
<img src="https://www.benzinga.com/files/images/story/2024/1731596435_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Burlington Stores by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$280.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$310.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$313.00</td>
<td>$276.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$327.00</td>
<td>$274.00</td>
</tr>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$310.00</td>
<td>$278.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$288.00</td>
<td>$279.00</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Lorraine Hutchinson</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$315.00</td>
<td>$275.00</td>
</tr>
<tr>
<td>Laura Champine</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Buy</td>
<td>$345.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Alex Straton</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$300.00</td>
<td>$284.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$325.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Chuck Grom</td>
<td>Gordon Haskett</td>
<td>Announces</td>
<td>Buy</td>
<td>$300.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Binetti</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$274.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Burlington Stores. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Burlington Stores compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Burlington Stores's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Burlington Stores's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BURL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Burlington Stores analyst ratings.</a>
<h2>Unveiling the Story Behind Burlington Stores</h2>
Burlington Stores Inc is off-price retailer offering an extensive selection of in-season, fashion-focused merchandise including: women's ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. Company sell a broad selection of desirable, first-quality, current-brand, labeled merchandise acquired directly from nationally recognized manufacturers and other suppliers. Company sell product in category such as Ladies apparel, Accessories and shoes, Home, Mens apparel, Kids apparel and baby and Outerwear.
<h3>Unraveling the Financial Story of Burlington Stores</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Burlington Stores displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 13.37%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Burlington Stores's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 2.99%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 7.02%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.95%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 4.5, Burlington Stores faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Burlington Stores Stock: A Deep Dive Into Analyst Perspectives (15 Ratings)

UBS analyst Jay Sole maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Neutral and raises the price target from $270 to $280.

Price Target

UBS Maintains Neutral on Burlington Stores, Raises Price Target to $280

Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) has outperformed the market over the past 10 years by 8.81% on an annualized basis producing an average annual return of 19.75%. Currently, Burlington Stores has a market capitalization of $16.04 billion. 
Buying $1000 In BURL: If an investor had bought $1000 of BURL stock 10 years ago, it would be worth $6,045.11 today based on a price of $251.96 for BURL at the time of writing.
<h3>Burlington Stores's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730842228_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In Burlington Stores 10 Years Ago Would Be Worth This Much Today

Burlington Stores's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) short percent of float has risen 6.08% since its last report. The company recently reported that it has 1.90 million shares sold short, which is 3.84% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.16 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Burlington Stores Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729877419_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Burlington Stores has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Burlington Stores's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Burlington Stores's peer group average for short interest as a percentage of float is 17.83%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(BURL) - Analyzing Burlington Stores's Short Interest

Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) has outperformed the market over the past 10 years by 8.66% on an annualized basis producing an average annual return of 20.69%. Currently, Burlington Stores has a market capitalization of $16.04 billion. 
Buying $1000 In BURL: If an investor had bought $1000 of BURL stock 10 years ago, it would be worth $6,530.85 today based on a price of $251.90 for BURL at the time of writing.
<h3>Burlington Stores's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728675020_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Burlington Stores, Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/burl#NYSE">BURL</a>) strong sales growth in the second quarter of 2024, driven by an aggressive store expansion strategy, robust comparable sales performance and operational efficiencies, positions the company for sustained success.
Enhanced inventory management and operational efficiencies have boosted profitability. The company&#39;s revised guidance for fiscal 2024 reflects confidence in its continued strong performance, with expectations for improved margins and earnings.
Investments in supply-chain upgrades and automation position Burlington for sustained long-term growth. The company remains well-positioned to provide continued value to both consumers and investors, solidifying its market presence and competitive advantage.
<h2>BURL Achieves Growth on Store Expansion &amp; Improved Margins</h2>
Burlington achieved a remarkable 13% growth in total sales in the second quarter due to rapid store expansion. The company added 36 stores, raising its total store count to 1,057. This expansion is expected to continue, with plans to open 100 stores and relocate 30 by the end of 2024.
Sales at these new locations exceeded expectations, typically generating about $7 million in their first full year of operation. Burlington&#39;s continued focus on growing its store footprint underscores its ability to scale revenues and enhance its market presence across the United States.
Burlington&#39;s comparable store sales (comp sales) grew 5% year over year, surpassing its guidance of flat to 2%. A key driver of this success has been the company&#39;s emphasis on full-price selling, which rose 7%, enabling Burlington to reduce markdowns and increase margins. By reducing clearance sales and focusing on full-price goods, the company improved profitability and showcased its ability to deliver value to consumers.
BURL also made significant strides in improving its margins. The company&#39;s gross margin rose by 110 basis points, reaching 42.8% in the second quarter primarily due to faster inventory turnover and fewer markdowns. Operational efficiencies in distribution centers helped offset inflationary pressures, while supply-chain improvements contributed to a 160-basis-point expansion in the operating margin.
<h2>Burlington&#39;s Strong Outlook for FY24</h2>
BURL, which shares space with Skechers (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/skx#NYSE">SKX</a>), Steven Madden, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shoo#NASDAQ">SHOO</a>) and Abercrombie (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anf#NYSE">ANF</a>), updated its fiscal 2024 guidance, signaling a stronger outlook. Total sales are expected to rise 9-10%, up from the previously mentioned 8-10%. Comparable store sales are projected to grow 2-3%, an improvement from the earlier stated 0-2%.
The adjusted operating margin is forecast to increase 50-70 basis points, higher than the prior stated 40-60 basis points. Adjusted earnings per share are expected to be $7.66-$7.96, up from the previously stated $7.35-$7.75.
For the third quarter, Burlington anticipates a total sales increase of 10-12%, with comparable sales growth of 0-2% and an adjusted EBIT margin improvement of 60-80 basis points. In the fourth quarter, comparable sales are forecast to be flat or rise up to 2%, with total sales growth expected to be 5-7%.
<h2>Synopsis of SKX, SHOO &amp; ANF</h2>
Skechers is focused on expanding its direct-to-consumer segment and growing international sales. The company plans to invest in store openings, enhance omnichannel capabilities and build a second distribution center in China. These initiatives align with its long-term strategy to improve operational efficiency and expand customer reach. For fiscal 2024, Skechers expects sales between $8.88 billion and $8.98 billion, suggesting an increase from the $8 billion reported in fiscal 2023. It anticipates earnings per share between $4.08 and $4.18, indicating a rise from the $3.49 recorded in fiscal 2023.
Steven Madden&#39;s recovery in the U.S. wholesale footwear business signals a positive shift toward normalized inventory levels and renewed growth with key retail partners. This recovery underscores the brand&#39;s strength in its primary market and highlights its ability to overcome past challenges. With this improvement, the company is well-positioned for sustainable growth in its core business. Steven Madden&#39;s solid business framework enables it to capitalize on market opportunities and enhance stakeholder value. For 2024, SHOO expects revenue growth of 11-13% from that reported in 2023, with adjusted earnings projected at $2.55-$2.65 per share, implying growth from the $2.30 recorded in 2023.
Abercrombie is on track to achieve its 2024 target of demonstrating sustainable, profitable growth. The company expects to continue benefiting from strength in its brands, driven by its focus on delivering high-quality, on-trend assortments for new and retained customers across regions and brands. It has also been focused on making strategic investments across stores, digital and technology, which are slated to aid the company in the long term. Backed by the strong first-half fiscal 2024 results, Abercrombie raised its sales and operating margin views for the fiscal 2024. It anticipates net sales for fiscal 2024 to increase 12-13% from the $4.3 billion reported in the prior year. It earlier expected net sales growth of 10% for the fiscal 2024.
<a href="https://www.zacks.com/stock/news/2348944/burl-gains-from-robust-comparable-sales-operational-efficiencies?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2348944">To read this article on Zacks.com click here.</a>

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SHOO

BURL Gains From Robust Comparable Sales & Operational Efficiencies

FORD

PLCE

ROST

SCVL

ULTA

Shares of apparel-related stocks are trading lower possibly amid overall market weakness. Also, the sector could be pulling back from Friday's rally after the dockworkers reached a tentative deal to suspend their strike.

Ollie&#39;s Bargain Outlet Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/olli#NASDAQ">OLLI</a>) is set to enhance its retail footprint following the acquisition of seven former Big Lots store leases won through a recent bankruptcy auction. This acquisition comes as part of the ongoing restructuring efforts of Big Lots, which included the closure of 143 stores.
<h2>Details of OLLI&#39;s Acquisition of 7 Big Lots&#39; Stores</h2>
Of the seven stores, Ollie&#39;s Bargain has received the final clearance and approval for six stores from the United States Bankruptcy Court for the District of Delaware. The seventh store is expected to receive the necessary approvals soon.
What makes these stores an ideal choice is that these have the required size, situated in prime trade areas and align with OLLI&#39;s commitment to serving value-oriented customers. Not only this but these stores also are located in the Midwest, a region where OLLI sees significant growth potential and has opened a new distribution center.
Similar to the 99 Cent Only stores&#39; acquisition, OLLI&#39;s primary focus is on opening the acquired Big Lots stores while adjusting the schedule for other planned store openings in its pipeline to optimize productivity and reduce pre-opening costs. For fiscal 2024, the company anticipates 50 new stores and two planned closures.
Ollie&#39;s Bargain&#39;s acquisition of former Big Lots stores signifies a strategic growth initiative within the competitive retail landscape. Currently, OLLI operates 541 stores across 31 states. The company&#39;s long-term plan is to operate 1300 stores across the United States.
<h2>What More Should Investors Know About OLLI?</h2>
Ollie&#39;s Bargain business model of &quot;buying cheap and selling cheap&quot;, cost-containment efforts, focus on store productivity and expansion of customer reward program and Ollie&#39;s Army reinforce its position in the industry. Ollie&#39;s Army continues to be a significant sales driver in the second quarter of fiscal 2024 with the increasing membership. The company ended the quarter with 14.5 million active Ollie&#39;s Army members, which accounted for more than 80% of sales. Collectively, these initiatives position the company for sustained growth.
OLLI delivered a strong performance in the second quarter. It emphasizes value-driven merchandise assortments, which allowed the company to seize market opportunities and meet consumer demand effectively. Comparable store sales rose 5.8% in the quarter, driven by growth in transactions and basket size. Ollie&#39;s Bargain has now achieved nine consecutive quarters of comparable store sales growth.
The improved business performance prompted management to lift its fiscal 2024 view. OLLI now expects net sales in the range of $2.276-$2.291 billion compared with $2.257-$2.277 billion stated earlier. Ollie&#39;s Bargain now anticipates comparable store sales to rise in the band of 2.7-3.2% compared with 1.5-2.3% previously stated. The company has revised adjusted EPS to be in the band of $3.22-$3.30, up from the earlier estimated range of $3.18-$3.28.
<h2>How is the Zacks Consensus Estimate Faring for OLLI?</h2>
Reflecting the positive sentiment around OLLI, the Zacks Consensus Estimate for EPS has seen upward revisions. In the past 60 days, analysts have increased their estimates for the current and next fiscal year by 0.3% to $3.28 and 1.1% to $3.72 per share, respectively. These estimates indicate expected year-over-year growth of 12.7% and 13.4%, respectively.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/75/80055.jpg?v=1028948304" />
Image Source: Zacks Investment Research
<h2>Does OLLI Stock Look Attractive?</h2>
In the past six months, OLLI&#39;s shares have gained 38.5%, outpacing the industry and the S&amp;P 500&#39;s growth of 6.8% and 9.9%, respectively.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/da/80057.jpg?v=2118532209" />
Image Source: Zacks Investment Research
OLLI stock has been a strong performer, but its valuation remains a topic of debate. Currently, the stock trades at a premium relative to the industry, with a price-to-earnings ratio indicating that its growth potential may already be factored into price.
OLLI&#39;s forward 12-month price-to-earnings ratio stands at 26.7X, higher than the industry&#39;s ratio of 18.6X. This suggests that investors are paying a premium compared with the company&#39;s expected earnings growth. OLLI has a Value Score of D.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/70/80056.jpg?v=1422364156" />
Image Source: Zacks Investment Research
<h2>How to Play OLLI Stock?</h2>
Ollie&#39;s Bargain is well-positioned to enhance its market presence, drive sales and deliver value to its customers, leading to improved financial performance in the coming quarters. Investors with a long-term horizon may stay invested in this Zacks Rank #3 (Hold) stock but potential investors should look for a better entry point, given its higher valuation.
<h2>Stocks to Consider</h2>
Here, we have highlighted three better-ranked stocks, namely Sprouts Farmers Market, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sfm#NASDAQ">SFM</a>), Burlington Stores, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/burl#NYSE">BURL</a>) and Chewy, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chwy#NYSE">CHWY</a>), currently carrying a Zacks Rank # 2 (Buy) each.
Sprouts Farmers engages in the retailing of fresh, natural and organic food products under the Sprouts brand in the United States. SFM has a trailing four-quarter earnings surprise of nearly 12%, on average.
The Zacks Consensus Estimate for Sprouts Farmers&#39; current-fiscal year&#39;s sales and earnings indicates growth of 9.6% and 18.7%, respectively, from the year-ago reported numbers.
Burlington Stores operates as a retailer of branded merchandise in the United States. BURL has a trailing four-quarter earnings surprise of 18.4%, on average.
The Zacks Consensus Estimate for Burlington Stores&#39; current-financial year&#39;s sales and earnings implies a rise of 10.1% and 30.5%, respectively, from the year-earlier reported figures.
Chewy engages in the pure-play e-commerce business in the United States. CHWY has a trailing four-quarter earnings surprise of 50.9%, on average.
The Zacks Consensus Estimate for Chewy&#39;s current-financial year&#39;s sales and earnings indicates an increase of 5.7% and 65.2%, respectively, from the year-ago reported numbers.
<a href="https://www.zacks.com/stock/news/2344979/olli-expands-with-7-big-lots-stores-what-more-should-investors-know?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2344979">To read this article on Zacks.com click here.</a>

Management

CHWY

OLLI

OLLI Expands With 7 Big Lots Stores: What More Should Investors Know?

The off-price trend has taken the retail wholesale sector by storm in the current economic climate. Consumers are trying to stretch their dollars but don&#39;t want to sacrifice quality. This rules out low-quality and low-price outlets like Dollar Tree Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dltr#NASDAQ">DLTR</a>) or even Dollar General Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dg#NYSE">DG</a>), which sells its items for more than $1, &nbsp;where you get what you pay for in terms of cost and quality. It&#39;s the perfect storm environment for leading off-brand retailer The TJX Cos. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tjx#NYSE">TJX</a>), who operates popular off-price stores like TJ Maxx, HomeGoods, and Marshalls.
<h2>The Rise of Off-Price Retailers and Gamification of Treasure Hunting </h2>
Off-price retailers are stores that sell brand-name merchandise at deeply discounted prices, often between 20% to 60% off regular retail prices. Since they buy opportunistically in bulk, their inventory is always changing based on availability rather than seasonality. This creates a &lsquo;treasure hunting&#39; effect that gamifies shopping for bargain hunters, never knowing what great deals they may find on any given day. Off-price retailers fulfill the need to get the most bang for the buck without sacrificing quality.
Some of the most popular off-price retailers include Ross Stores Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rost#NASDAQ">ROST</a>), Burlington Stores Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/burl#NYSE">BURL</a>), and Nordstrom Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jwn#NYSE">JWN</a>) Nordstrom Rack department stores, which now outnumber its full-price namesake locations.
<h2>TJX Companies Portfolio of Brands </h2>
TJX is the world&#39;s leading off-price apparel and home fashion retailer, with over 4,900 stores located throughout nine countries on three continents. While the most popular brands are TJ Maxx, Marshalls (Marmaxx), and HomeGoods in the United States, their other brands, Sierra, Winners, HomeSense, and TJ Maxx variations (TJX Canada and TJX International Europe and Australia), are popular in other countries. TJX is also investing $360 million for a 35% stake in Brands For Less, a major off-price retailer in Dubai, United Arab Emirates, and Saudi Arabia with over 100 stores.
Marmaxx, which combines TJ Max and Marshalls fashion apparel stores, saw 5% YoY comparable sales in the fiscal second quarter of 2025, on top of the 8% YoY comp sales from the year-ago period. HomeGoods comp sales rose 2% YoY on top of the 4% YoY comp sales last year. TJX Canada saw 2% YoY growth to $1.24 billion. TJX International, comprised of Australia and Europe, saw 4% YoY sales to $1.68 billion in the second quarter.
<h2>TJX Keeps the Momentum Flowing Into the Holiday Season</h2>
In its fiscal second-quarter 2025 earnings report, TJX beat consensus analyst estimates by 4 cents, reporting 92 cents. Revenues rose 5.6% YoY to $13.47 billion, beating $13.31 billion consensus estimates. Same-store sales (SSS) rose 4% YoY, nicely beating its guidance range of 2% to 3% YoY, completely driven by increased customer transactions. Pre-tax margin rose 50 bps to 10.9%, up from 10.4% last year. Total inventories were $6.5 billion, down from $6.4 billion in the year-ago period. TJX bought back $559 million in stock and ended the quarter with $5.3 billion in cash. The company opened its 5,000th store in the quarter.
<h2>TJX Issues Forecasts </h2>
For the third quarter of 2024, TJX sees EPS of $1.06 to $1.08, which is why of the $1.10 consensus estimates. Same-store comps are expected to be between 2% and 3%.
Full-year fiscal 2025 EPS is expected to be between $4.09 and $4.13 versus $4.03 and $4.13 consensus estimates. Full-year comps are expected to be 3% from 2% to 3%.
TJX CEO Ernie Herrman commented, &quot;The third quarter is off to a strong start, and we have numerous plans underway to drive traffic and sales. Availability of quality branded merchandise is excellent, and we are confident we will have an exciting assortment of fresh goods across all of our stores and online throughout the fall and holiday selling seasons.&quot;
<h2>TJX Stock Is in a Symmetrical Triangle Pattern</h2>
A symmetrical triangle pattern precedes a breakout or breakdown. It&#39;s comprised of a converging descending upper trendline and ascending lower trendline connected at the apex point. The breakout or breakdown occurs ahead of reaching the apex point.
<img alt="TJX stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240929173725_chartc-tjx.jpg" style="height:751px; width:915px" />
TJX gapped to $117.91 following its fiscal Q2 2025 earnings release. After peaking at $121.09, TJX formed a series of lower highs and higher lows, making up the two divergence trendlines meeting at the apex point near the upper gap-fill level of $117.91. The daily anchored VWAP is at $115.55. The daily relative strength index (RSI) has been trending lower to the 52-band. Fibonacci (Fib) pullback support levels are at $113.49, $110.62, $107.82, and $103.89.
TJX&#39;s average consensus price target is $126.76, and its highest analyst price target&nbsp;is&nbsp;$148. Analysts have given it 13 Buy ratings and 3 Hold ratings.
Actionable Options Strategies: Bullish investors can buy on pullbacks using cash-secured puts to take advantage of the elevated premiums at the fib pullback support levels to buy the dip and write covered calls to execute a <a href="https://www.marketbeat.com/learn/options-how-to-execute-the-wheel-strategy-for-options-income/">wheel strategy</a> for income in addition to the 1.28% annual dividend yield.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/tjx-stock-a-buying-opportunity-before-the-holiday-rush/">TJX Stock: A Buying Opportunity Before the Holiday Rush</a>&quot; first appeared on MarketBeat.

Earnings Beats

Dividends

Technicals

DLTR

TJX Stock: A Buying Opportunity Before the Holiday Rush

In the current session, the stock is trading at $276.00, after a 1.04% increase. Over the past month, Burlington Stores Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) stock increased by 0.80%, and in the past year, by 104.89%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1727291720_0.png" alt="Past Year Chart" />

<h3>Burlington Stores P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Burlington Stores has a better P/E ratio of 41.26 than the aggregate P/E ratio of 19.74 of the Specialty Retail industry. Ideally, one might believe that Burlington Stores Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727291720_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Burlington Stores Inc's Price Over Earnings

Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) has outperformed the market over the past 10 years by 10.06% on an annualized basis producing an average annual return of 21.26%. Currently, Burlington Stores has a market capitalization of $17.45 billion. 
Buying $100 In BURL: If an investor had bought $100 of BURL stock 10 years ago, it would be worth $680.93 today based on a price of $274.07 for BURL at the time of writing.
<h3>Burlington Stores's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727285416_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Burlington Stores 10 Years Ago Would Be Worth This Much Today

On September 11, it was revealed in an SEC filing that Stephen Ferroni, SVP at Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) executed a significant exercise of company stock options.
What Happened: Ferroni, SVP at Burlington Stores, made a strategic move by exercising stock options for 451 shares of BURL as detailed in a Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001579298/000095017024105520//Archives/edgar/data/1579298/000095017024105520/0000950170-24-105520-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $98,439.
The latest update on Thursday morning shows Burlington Stores shares up by 2.04%, trading at $272.85. At this price, Ferroni's 451 shares are worth $98,439.
<h3>Discovering Burlington Stores: A Closer Look</h3>
Burlington Stores Inc is off-price retailer offering an extensive selection of in-season, fashion-focused merchandise including: women's ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. Company sell a broad selection of desirable, first-quality, current-brand, labeled merchandise acquired directly from nationally recognized manufacturers and other suppliers. Company sell product in category such as Ladies apparel, Accessories and shoes, Home, Mens apparel, Kids apparel and baby and Outerwear.
<h3>Unraveling the Financial Story of Burlington Stores</h3>
Revenue Growth: Burlington Stores's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 13.37%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 42.89%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): Burlington Stores's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.16.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 4.5, Burlington Stores faces challenges in effectively managing its debt levels, indicating potential financial strain.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Burlington Stores's current Price to Earnings (P/E) ratio of 40.39 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.68 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Burlington Stores's EV/EBITDA ratio of 21.29 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
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<h3>Unmasking the Significance of Insider Transactions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001579298">Check Out The Full List Of Burlington Stores's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Stephen Ferroni At Burlington Stores Executes Options Exercise, Realizing $98K

Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) has outperformed the market over the past 10 years by 10.78% on an annualized basis producing an average annual return of 21.45%. Currently, Burlington Stores has a market capitalization of $16.86 billion. 
Buying $100 In BURL: If an investor had bought $100 of BURL stock 10 years ago, it would be worth $711.77 today based on a price of $264.82 for BURL at the time of writing.
<h3>Burlington Stores's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725546627_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Burlington Stores Stock In The Last 10 Years

Telsey Advisory Group analyst Dana Telsey maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Outperform and raises the price target from $300 to $310.

Telsey Advisory Group Maintains Outperform on Burlington Stores, Raises Price Target to $310

Citigroup analyst Paul Lejuez maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Buy and raises the price target from $276 to $313.

Citigroup Maintains Buy on Burlington Stores, Raises Price Target to $313

Barclays analyst Adrienne Yih maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Overweight and raises the price target from $274 to $327.

Barclays Maintains Overweight on Burlington Stores, Raises Price Target to $327

Goldman Sachs analyst Brooke Roach maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Buy and raises the price target from $278 to $310.

Goldman Sachs Maintains Buy on Burlington Stores, Raises Price Target to $310

TD Cowen analyst John Kernan maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Buy and raises the price target from $279 to $288.

TD Cowen Maintains Buy on Burlington Stores, Raises Price Target to $288

Evercore ISI Group analyst Michael Binetti maintains Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) with a Outperform and raises the price target from $300 to $315.

Evercore ISI Group Maintains Outperform on Burlington Stores, Raises Price Target to $315

Telsey named the following stocks as the best positioned for the holidays in each sector: adidas (ADDYY) and Dick's Sporting Goods (DKS) best posit...

Telsey names its Holiday 2024 Top Picks

With the increased personal consumption expenditure and favorable financial market, the consumer discretionary sector is flourishing. Hence, it could be ideal to buy high-growth consumer discretionary stocks Burlington Stores (BURL), HNI Corporation (HNI), and American Outdoor Brands (AOUT) for potential returns. Read more... Optimistic economic outlook, recent interest rate cuts, and increasing consumer confidence have strongly fueled consumer spending. Also, a buoyant job market has strengthened consumer spending power and disposable income scale, indicating further growth in consumption.
Therefore, it could be the right time to invest in solid consumer discretionary stocks Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>), HNI Corporation (<a href="https://stocknews.com/stock/HNI/">HNI</a>), and American Outdoor Brands, Inc. (<a href="https://stocknews.com/stock/AOUT/">AOUT</a>), having high growth potential.
Amid signs of moderating inflation and optimistic economic growth, the <a href="https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html">Federal Open Market Committee lowered</a> its key overnight borrowing rate by a half percentage point or 50 basis points. The decision slashed the federal funds rate to a range between 4.75% - 5%. The rate benefits many consumer products such as mortgages, auto loans, and credit cards.
This much-anticipated rate cut further strengthens consumer spending power and boosts the economy. During the second quarter of 2024, <a href="https://www.usbank.com/investing/financial-perspectives/market-news/consumer-spending.html#:~:text=In%202024%2C%20personal%20consumption%20expenditures,%241%20trillion%2C%20a%20record%20threshold.">personal consumption expenditures represented around 68%</a> of the U.S. GDP. Another indication of strong spending in the economy is the total U.S. credit card debt, which exceeded $1 trillion this year, setting a record high.
Further, the U.S. Bureau of Labor Statistics reported that the <a href="https://www.bls.gov/news.release/cpi.nr0.htm">Consumer Price Index for All Urban Consumers</a> increased 0.2% on a seasonally adjusted basis in September, at same levels in August and July. On a year-over-year period, <a href="https://www.jpmorgan.com/insights/outlook/economic-outlook/cpi-report-september-2024">CPI rose by 2.4%</a>, slightly higher than expected. This brings the levels closer to the Federal Reserve's target of 2%.
Besides, a solid job market, low unemployment, lower interest rates, and high business investments are supporting consumer spending. In 2024, <a href="https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html">real consumer spending is expected to increase by 2.4%</a>, where spending on durable goods will rise by 1.6%, and spending on non-durable goods will be up by 1.7%.
Amid this, consumers are likely to lean and spend on segments like fashion &amp; luxury goods, home improvement and renovation, and recreation. Thus, considering the industry's optimistic outlook, investors could consider investing in fundamentally sound consumer discretionary stocks BURL, HNI, and AOUT.
Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>)
BURL is a branded merchandise retailer. It offers fashion-focused merchandise, like women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, baby, home, and beauty products. The company operates stores under the Burlington Stores and Cohoes Fashions brand names.
BURL's revenue and EBITDA have grown at respective CAGRs of 7% and 2.2% over the past three years. The company's normalized net income has increased by 1.2% over the same timeframe, while its tangible book value and total assets have improved at CAGRs of 26.2% and 3.8%, respectively.
For the second quarter that ended August 3, 2024, BURL's total revenue increased 13.4% year-over-year to $2.46 billion. The company's adjusted EBITDA grew 43.3% from the year-ago value to $201.84 million. Its adjusted <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> of $77.49 million and $1.20 per share indicates 99.3% and 100% growth from the previous year's quarter, respectively.
Furthermore, the company's total assets were $7.82 billion as of August 3, 2024, compared to $6.91 billion as of July 29, 2023.
For the full fiscal year 2024, the company expects its total sales to increase between 9% and 10% year-over-year, and based on these estimates, comparable store sales are expected to increase in the range of 2% to 3% from the prior year. BURL also plans to open approximately 100 net new stores in the year. Also, its adjusted EPS is set in the range of $7.66 to $7.96.
Analysts expect BURL's revenue and EPS for the third quarter (ending October 2024) to increase 11.5% and 58.2% year-over-year to $2.55 billion and $1.55, respectively. Further, the company has topped consensus EPS and revenue estimates in three of the trailing four quarters.
Shares of BURL have surged 41.5% over the past six months and 116.3% over the past year to close the last trading session at $255.67.
BURL's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Growth. It also has a B grade for Momentum and Quality. BURL is ranked #22 out of 60 stocks in the B-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry.
To check POWR Ratings of BURL for Value, Stability, and Sentiment, <a href="https://stocknews.com/stock/BURL/">click here</a>.
HNI Corporation (<a href="https://stocknews.com/stock/HNI/">HNI</a>)
HNI engages in the manufacture, sale, and marketing of workplace furnishings and residential building products internationally. The company operates in two segments: Workplace Furnishings and Residential Building Products. It offers a range of commercial and home office furniture under brands like HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, and HNI India.
HNI's revenue and EBITDA have grown at respective CAGRs of 8.1% and 17.3% over the past three years. The company's EBIT has increased 19.9% over the same timeframe, while its net income and EPS have improved at CAGRs of 10.1% and 6.3%, respectively.
On August 12, HNI's Board of Directors declared a quarterly dividend of $0.33 per share on its common stock. The dividend was paid on September 12, 2024, to shareholders of record at the close of business on August 23, 2024.
HNI pays an annual dividend of $1.32, which translates to a yield of 2.50% at the current share price. Its four-year average dividend yield is 3.46%. Moreover, the company's dividend payouts have increased at a CAGR of 1.9% over the past three years. HNI has raised its dividends for 13 consecutive years.
On May 20, HNI announced it would close its Hickory, North Carolina, manufacturing plant in the first half of 2025 and consolidate its production into other North American facilities. The decision was taken to improve productivity and strengthen operations without sacrificing capacity or creating disruption, and it is likely to benefit customers and trade partners.
HNI's net sales increased 10.7% year-over-year to $623.70 million during the second quarter that ended June 29, 2024. Its non-GAAP gross profit rose 21.6% year-over-year to $261.90 million. The company's non-GAAP operating income grew 52.7% from the year-ago value to $55.90 million.
In addition, non-GAAP net income and EPS came in at $38 million and $0.79, up 57.7% and 43.6% from the previous year's quarter, respectively.
Street expects HNI's revenue for the third quarter (ended September 2024) to increase marginally year-over-year to $712.75 million. Its EPS for the same period is expected to grow 5.1% year-over-year to $0.98. Moreover, the company topped the consensus EPS estimates in each of the trailing four quarters.
HNI's stock has gained 20% over the past six months and 55.1% over the past year to close the last trading session at $52.05.
HNI's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Sentiment and a B grade for Growth and Quality. Within the B-rated <a href="https://stocknews.com/category/home-improvement-goods/">Home Improvement &amp; Goods</a> industry, HNI is ranked #4 of 57 stocks.
<a href="https://stocknews.com/stock/HNI/">Click here</a> to access additional ratings of HNI for Value, Momentum, and Stability.
American Outdoor Brands, Inc. (<a href="https://stocknews.com/stock/AOUT/">AOUT</a>)
AOUT provides outdoor products and accessories for rugged outdoor enthusiasts internationally. The company offers shooting sports accessories products, outdoor lifestyle products, land management tools for hunting preparedness, harvesting products for post-hunt or post-fishing activities, outdoor cooking products, and camping, survival, and emergency preparedness products.
In terms of forward EV/Sales, AOUT is trading at 0.65x, 49.6% lower than the industry average of 1.28x. Likewise, the stock's forward Price/Sales multiple of 0.58 is 38.4% lower than the industry average of 0.95.
During the first quarter that ended July 31, 2024, AOUT reported net sales of $41.64 million, and its non-GAAP gross profit was $19.15 million. The company's non-GAAP operating income rose 640% from the year-ago value to $740 thousand.
Additionally, the company's non-GAAP net income came in at $748 thousand or $0.06 per share, up 663.3% and 500% year-over-year, respectively. Its non-GAAP adjusted EBITDAS increased 76.9% from the prior year period to $1.99 million.
Analysts expect AOUT's revenue and EPS for the third quarter (ending January 2025) to increase 6.3% and 31.3% year-over-year to $56.78 million and $0.11, respectively. Also, the company surpassed the consensus revenue and EPS estimates in all four trailing quarters, which is remarkable.
Over the past six months, the stock has gained 12.4% and 4.7% over the past year to close the last trading session at $9.35.
AOUT's POWR Ratings reflect its bright prospects. The stock has an overall B rating, translating to a Buy in our proprietary rating system.
AOUT has an A grade for Sentiment. The stock also has a B grade for Growth and Value. It has topped among the 34 stocks within the <a href="https://stocknews.com/category/athletics-recreation/">Athletics &amp; Recreation</a> industry.
To see the other ratings of AOUT for Momentum, Stability, and Quality, <a href="https://stocknews.com/stock/AOUT/">click here</a>.
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BURL shares were unchanged in after-hours trading Thursday. Year-to-date, BURL has gained 30.03%, versus a 23.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/burl-hni-aout-3-consumer-discretionary-stocks-with-high-growth-potential/>3 Consumer Discretionary Stocks With High Growth Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Discretionary Stocks With High Growth Potential

With rising demand for luxury brands and sustainable fashion, apparel stocks make an exciting opportunity in 2024. Therefore, it could be wise for investors to consider investing in top apparel stocks, such as Ross Stores (ROST), Burlington Stores (BURL), and The TJX Companies (TJX). Continue reading… Thanks to robust consumer demand, expanding e-commerce, and sustainable fashion trends, the apparel sector is poised for good growth for the rest of 2024. Given the industry's tailwinds, investors could consider buying fundamentally sound apparel stocks, Ross Stores, Inc. (<a href="https://stocknews.com/stock/ROST/">ROST</a>), Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>), and The TJX Companies, Inc. (<a href="https://stocknews.com/stock/TJX/">TJX</a>).
With the news of the Fed's rate cut, inflationary pressures have eased slightly, providing more disposable income for consumers to spend on discretionary products like apparel. This <a href="https://www.e2open.com/blog/fed-rate-cut-will-boost-supply-chains/">rate cut serves to strengthen the supply chains</a> and helps increase consumer's confidence and their spending.
The global apparel market is anticipated to reach $2.26 trillion by 2030, exhibiting a <a href="https://www.grandviewresearch.com/industry-analysis/apparel-market-report">CAGR of 4.1%</a>. As per a <a href="https://www.statista.com/outlook/emo/fashion/apparel/worldwide">Statista</a> report, the number of users in the market is projected to reach 636.20 million by 2029.
Furthermore, the apparel market accounts for 1.6% of the world's GDP, and the apparel industry revenue for the <a href="https://www.uniformmarket.com/statistics/global-apparel-industry-statistics">United States is valued at $358.70 billion</a>.
With that in mind, let's evaluate the fundamentals of the featured <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry stocks, starting with number three:
Stock #3: Ross Stores, Inc. (<a href="https://stocknews.com/stock/ROST/">ROST</a>)
ROST is engaged in operating off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names. The company's stores primarily offer apparel, accessories, footwear, and home fashions. 
On October 21, ROST announced that the company opened 43 Ross Dress for Less and 4 dd's DISCOUNTS stores across 22 different states in September and October. The new locations are part of its plan to add 89 new stores during fiscal 2024.
In terms of the trailing-12-month net income margin, ROST's 9.82% is 115.7% higher than the 4.55% industry average. Similarly, its 12.06% trailing-12-month EBIT margin is 51.8% higher than the industry average of 7.95%. Also, its trailing-12-month ROCE of 43.24% compares to the industry average of 11.41%.
For the second quarter of 2024, which ended on August 3, ROST's sales increased 7.1% year-over-year to $5.29 billion. Its net earnings rose 18.1% from the year-ago value to $527.15 million, while its <a href="https://www.investopedia.com/terms/e/eps.asp">earnings per share</a> stood at $1.59, up 20.5% year-over-year.  Also, the company's store count increased to 2,148 stores.
As per the updated fiscal 2024 guidance for the fourth quarter, the company expects the earnings per share to be between $1.60 and $1.67.
Analysts expect ROST's revenue for the third quarter ending October 31, 2024, to increase 5.1% year-over-year to $5.17 billion, while its EPS for the same period is expected to grow 6.6% from the prior-year quarter to $1.42. The company surpassed consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
ROST shares have surged 27.4% over the past year and 10.5% over the past six months to close the last trading session at $147.29.
ROST's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ROST has a B grade for Momentum, Sentiment, and Quality. It is ranked #16 out of 60 stocks in the B-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry. <a href="https://stocknews.com/stock/ROST/">Click here</a> to see the additional ratings for ROST (Growth, Value, and Stability).
Stock #2: Burlington Stores, Inc. (<a href="https://stocknews.com/stock/BURL/">BURL</a>)
BURL operates as a retailer of branded merchandise, providing fashion-focused merchandise that includes ready-to-wear apparel for women, menswear, youth apparel, footwear, accessories, toys, gifts, and beauty products. 
BURL's trailing-12-month ROCE and gross profit margin of 45.17% and 43.08% are 295.9% and 14.7% higher than their respective industry averages of 11.41% and 37.56%. Likewise, its trailing-12-month asset turnover ratio of 1.39x is 39.5% above the industry average of 1.00x.
BURL's total revenue for the second quarter (ended August 3, 2024) increased 13.4% year-over-year to $2.47 billion. Its adjusted EBITDA grew 43.3% from the prior year's quarter to $201.84 million. The company's adjusted net income stood at $77.49 million, up 99.3% year-over-year, while its adjusted EPS doubled from the year-ago value to $1.20.
The company has updated its fiscal year 2024 outlook, and it now expects its total sales projection to range from 9% to 10% on top of the 10% increase for the 52 weeks ending January 27, 2024.
This forecast assumes comparable store sales will rise by 2% to 3%, building on the 4% increase for the same period. Additionally, it expects adjusted EBIT to increase range of 50 bps to 70 bps. This guidance suggests the adjusted EPS to be between $7.66 and $7.96.
Street expects BURL's revenue for the fiscal third quarter (ending October 2024) to increase 11.5% year-over-year to $2.55 billion. Its EPS for the same period is expected to register a 58.2% growth from the prior year, settling at $1.55. In addition, it surpassed the EPS in three of the trailing four quarters, which is promising.
Over the past year, the stock has gained 109%, closing the last trading session at $255.32.
BURL's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has an A grade for Growth and B for Momentum, Sentiment, and Quality. Within the same B-rated industry, it is ranked #14. <a href="https://stocknews.com/stock/BURL/">Click here</a> to see BURL's ratings for Value and Stability.
Stock #1: The TJX Companies, Inc. (<a href="https://stocknews.com/stock/TJX/">TJX</a>)
TJX is an off-price apparel and home fashion retailer worldwide. The company operates through four segments: Marmaxx; HomeGoods; TJX Canada; and TJX International.
On June 7, TJX entered into an agreement for a joint venture with Grupo Axo, S.A.P.I. de C.V., where TJX would own 49 percent and Axo would own 51 percent. The agreement would comprise Axo's off-price physical store business in Mexico, which includes over 200 stores.
The stock's trailing-12-month net income margin of 8.56% is 88% higher than the industry average of 4.55%. Similarly, its 66.2% trailing-12-month ROCE is 480.1% above the industry average of 11.41%. Also, its trailing-12-month asset turnover ratio of 1.87x compares favorably to the industry average of 1.00x.
In the fiscal second quarter of 2025 that ended on August 3, TJX's net sales increased 5.6% year-over-year to $13.47 billion. It reported income before income taxes of $1.47 million, indicating a 10.6% growth from the prior-year quarter. The company's non-GAAP net income amounted to $61.64 million and $0.44 per share, reflecting increases of 180% and 175% year-over-year, respectively.
According to the financial guidance for fiscal year 2025, the company's diluted earnings per share is projected to be between $4.09 and $4.13, with pre-tax profit margin anticipated to be approximately 11.2%.
The consensus revenue estimate of $13.97 billion for the fiscal third quarter (ending October 2024) represents a 5.3% increase year-over-year. The consensus EPS estimate of $1.10 for the same quarter indicates a 6.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
The stock has surged 29.8% over the past year and 23.9% over the past six months to close the last trading session at $115.66.
It's no surprise that TJX has an overall rating of B, equating to a Buy in our POWR Ratings system. It has a B grade for Momentum, Sentiment, and Quality. Out of 60 stocks in the Fashion &amp; Luxury industry, TJX is ranked #13.
Beyond what is stated above, we've also rated TJX for Growth, Value, and Stability. Get all TJX's ratings <a href="https://stocknews.com/stock/TJX/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
TJX shares were trading at $115.37 per share on Tuesday afternoon, down $0.29 (-0.25%). Year-to-date, TJX has gained 24.30%, versus a 23.93% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/tjx-rost-burl-3-top-rated-apparel-stocks-to-buy-in-2024/>3 Top-Rated Apparel Stocks to Buy in 2024</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Top-Rated Apparel Stocks to Buy in 2024

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Burlington Stores

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일요일, 6월 02, 2024

사람들이 또한 지켜본다

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