Katrina Wittkamp/DigitalVision via Getty Images Investment action I recommended a hold rating for Burlington Stores (NYSE:BURL) when I wrote about it the last time, as I did not see any positive catalysts that would drive multiples upward. My expectation was that the stock price would stay rangebound. The stock clearly did not stay rangebound, as…
Katrina Wittkamp Investment action Based on my current outlook and analysis of Burlington Stores (NYSE:BURL) 2Q23 earnings, I recommend a hold rating. I expect the stock price to be rangebound in the near term, as I do not see any positive catalysts that will drive the valuation multiple upwards. BURL needs to show the market…
Burlington Stores, Inc. (NYSE:BURL) Q2 2023 Results Conference Call August 24, 2023 8:30 AM ET Company Participants David Glick – Group Senior Vice President, Investor Relations and Treasurer Michael O’Sullivan – Chief Executive Officer Kristin Wolfe – EVP and Chief Financial Officer Conference Call Participants Matthew Boss – JPMorgan Irwin Boruchow – Wells Fargo Lorraine…