Burlington Boosted by Trade Down from Higher-Income Shoppers -- Market Talk

Dow Jones

2025/03/07

1244 ET - Burlington Stores got a big piece of its outsized sales growth in 4Q from middle- and upper-income customers trading down from more expensive outlets, CEO Michael O'Sullivan says on a call with analysts. Lower-income shoppers continued to be a driver of growth, but stores in moderate- and higher-income trade areas also delivered healthy comparable sales growth, and items Burlington sold during the quarter had a higher price on average than they did a year ago, he says. The strongest growth rates in 4Q were on sales of items in price buckets that were well above Burlington's average, the CEO says. (dean.seal@wsj.com)

(END) Dow Jones Newswires

March 06, 2025 12:44 ET (17:44 GMT)

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Lower-income shoppers continued to be a driver of growth, but stores in moderate- and higher-income trade areas also delivered healthy comparable sales growth, and items Burlington sold during the quarter had a higher price on average than they did a year ago, he says. The strongest growth rates in 4Q were on sales of items in price buckets that were well above Burlington's average, the CEO says. 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Lower-income shoppers continued to be a driver of growth, but stores in moderate- and higher-income trade areas also delivered healthy comparable sales growth, and items Burlington sold during the quarter had a higher price on average than they did a year ago, he says. The strongest growth rates in 4Q were on sales of items in price buckets that were well above Burlington's average, the CEO says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4566":"资本集团","BK4094":"服装零售","BURL":"伯灵顿百货","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC"},"translate_title":"高收入购物者的贸易下降提振了伯灵顿——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BURL":1},"content_text":"1244 ET - Burlington Stores got a big piece of its outsized sales growth in 4Q from middle- and upper-income customers trading down from more expensive outlets, CEO Michael O'Sullivan says on a call with analysts. Lower-income shoppers continued to be a driver of growth, but stores in moderate- and higher-income trade areas also delivered healthy comparable sales growth, and items Burlington sold during the quarter had a higher price on average than they did a year ago, he says. The strongest growth rates in 4Q were on sales of items in price buckets that were well above Burlington's average, the CEO says. (dean.seal@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 06, 2025 12:44 ET (17:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}