Can Burlington's Profit Levers Deflect Tariff Impact? Analysts Weigh In
Burlington Stores, Inc. (NYSE:BURL) shares are trading slightly higher on Friday. On Thursday, the company reported first-quarter adjusted earnings per share of $1.60, beating the analyst consensus estimate of $1.41. Quarterly sales of $2.50 billion missed the Street view of $2.52 billion. The company’s CEO, Michael O’Sullivan, stated that while tariffs are expected to significantly impact merchandise margins, he is confident the company can offset this pressure in other areas of the profit and