Burlington stores, inc. reports first quarter 2024 earnings

Burlington, n.j., may 30, 2024 (globe newswire) -- burlington stores, inc. (nyse: burl), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended may 4, 2024. michael o'sullivan, ceo, stated, “we are very pleased with how our sales trends developed in the first quarter. the quarter got off to a slow start in february, likely due to disruptive weather and delayed tax refunds, but then our sales trend picked up. comparable store sales increased 4% during the months of march and april combined. this resulted in a 2% comparable store sales increase for the quarter which was at the high end of our guidance range.”
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