Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Burlington Stores, Inc., in its fiscal 2024 third-quarter earnings, discussed various facets of its current performance and future outlook.</li><li>The company's overall sales saw an 11% increase over the quarter, primarily fueled by the expansion from new store openings.</li><li>Comparable store sales rose by 1%, with adverse impacts attributed to unseasonably warmer weather which impacted cold weather product categories significantly.</li></ul>

Burlington Stores, Inc., in its fiscal 2024 third-quarter earnings, discussed various facets of its current performance and future outlook.The company's overall sales saw an 11% increase over the quarter, primarily fueled by the expansion from new store openings.Comparable store sales rose by 1%, with adverse impacts attributed to unseasonably warmer weather which impacted cold weather product categories significantly.

Burlington Stores’ Focus on Low-Income Consumer Base Paying Off? - Major Drivers

<ul><li>Burlington Stores, Inc. reported robust financial results for the fiscal second quarter of 2024, highlighted by significant growth in total sales and improvements in gross margin.</li><li>The positive performance can be largely attributed to strategic store expansions and efficient supply chain management.</li><li>The company opened 36 new stores, taking the total to 1,057 locations, and reported a 5% increase in comparable store sales, surpassing the guided range of flat to 2%.</li></ul>

Burlington Stores, Inc. reported robust financial results for the fiscal second quarter of 2024, highlighted by significant growth in total sales and improvements in gross margin.The positive performance can be largely attributed to strategic store expansions and efficient supply chain management.The company opened 36 new stores, taking the total to 1,057 locations, and reported a 5% increase in comparable store sales, surpassing the guided range of flat to 2%.

Burlington Stores Inc.: Leveraging Physical and Digital Growth Opportunities! - Major Drivers

<ul><li>In its recent earnings, Burlington Stores reported revenues and earnings growth for the first quarter of 2024.</li><li>Total sales grew by 11% compared to the same quarter in the previous year, driven by new store openings and comparable store sales growth.</li><li>The company opened 14 new stores during the quarter, expanding the total count to 1,021 stores.</li></ul>

In its recent earnings, Burlington Stores reported revenues and earnings growth for the first quarter of 2024.Total sales grew by 11% compared to the same quarter in the previous year, driven by new store openings and comparable store sales growth.The company opened 14 new stores during the quarter, expanding the total count to 1,021 stores.

Burlington Stores Inc.: Growing Brand Mix & Elevated Assortments Catalyzing Growth!  - Major Drivers

<ul><li>In the fourth quarter of 2023, Burlington Stores reported their total sales growth to be 9% which exceeded their initial guidance projections of 5% to 7%.</li><li>This was a result of better than expected comparative store sales, which increased by 2% against a guidance of "-2% to flat." Contributing to this growth was the strong response of lower income customers, often referred to as "need a deal shoppers", who favoured Burlington's opening price points.</li><li>Furthermore, the company managed to tap into a slightly higher income consumer base, the trade-down shoppers, who showed positive responses to the recognizable brands offered in Burlington's merchandise mix.</li></ul>

In the fourth quarter of 2023, Burlington Stores reported their total sales growth to be 9% which exceeded their initial guidance projections of 5% to 7%.This was a result of better than expected comparative store sales, which increased by 2% against a guidance of "-2% to flat." Contributing to this growth was the strong response of lower income customers, often referred to as "need a deal shoppers", who favoured Burlington's opening price points.Furthermore, the company managed to tap into a slightly higher income consumer base, the trade-down shoppers, who showed positive responses to the recognizable brands offered in Burlington's merchandise mix.

Burlington Stores: Improved Execution Of The Off-Price Model Providing A Competitive Edge? - Key Drivers

<ul><li>Burlington Stores and its management reported a 6% increase in comparable store sales, aligning with the midpoint of their projected range of 5% to 7%.</li><li>Despite a slight outperformance through September, unseasonably warm weather in October impacted the growth trajectory, particularly affecting outerwear sales, an area of strength for Burlington.</li><li>Despite anticipating some variability, the company aims for mid-single-digit annual comparable store sales growth over the next five years, building on strategies implemented since 2019 to enhance its off-price model.</li></ul>

Burlington Stores and its management reported a 6% increase in comparable store sales, aligning with the midpoint of their projected range of 5% to 7%.Despite a slight outperformance through September, unseasonably warm weather in October impacted the growth trajectory, particularly affecting outerwear sales, an area of strength for Burlington.Despite anticipating some variability, the company aims for mid-single-digit annual comparable store sales growth over the next five years, building on strategies implemented since 2019 to enhance its off-price model.

Burlington Stores Inc.: Reinventing the Off-Price Retail Model! - Major Drivers

United States

Burlington Stores, Inc. owns and operates clothing retail stores. The Company offers, through its stores and internet sites, men's, women's, and children's apparel. Burlington Holding operates within the United States and Puerto Rico.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Burlington Stores (BURL US)

Burlington Stores’ Focus on Low-Income Consumer Base Paying Off? - Major Drivers

Burlington Stores, Inc., in its fiscal 2024 third-quarter earnings, discussed various facets of its current performance and future outlook. The...

Baptista Research

Burlington Stores Inc.: Leveraging Physical and Digital Growth Opportunities! - Major Drivers

Burlington Stores, Inc. reported robust financial results for the fiscal second quarter of 2024, highlighted by significant growth in total sales...

Baptista Research

Burlington Stores Inc.: Growing Brand Mix & Elevated Assortments Catalyzing Growth! - Major Drivers

In its recent earnings, Burlington Stores reported revenues and earnings growth for the first quarter of 2024. Total sales grew by 11% compared to...

Baptista Research

Burlington Stores: Improved Execution Of The Off-Price Model Providing A Competitive Edge? - Key Drivers

In the fourth quarter of 2023, Burlington Stores reported their total sales growth to be 9% which exceeded their initial guidance projections of...

Baptista Research

Burlington Stores Inc.: Reinventing the Off-Price Retail Model! - Major Drivers

Burlington Stores and its management reported a 6% increase in comparable store sales, aligning with the midpoint of their projected range of 5%...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)