Shares of Burlington Stores Inc. (NYSE:BURL) traded today at $297.88, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 531,000 shares traded hands, while the average 30-day volume is approximately 547,000 shares.
Burlington Stores Inc. share prices have moved between a 52-week high of $297.88 and a 52-week low of $105.67 and are now trading 181% above that low price at $297.14 per share.
The third-largest American off-price apparel and home fashion retail firm, with 727 stores as of the end of fiscal 2019, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday low price approach that undercuts conventional retailers’ regular prices by up to 60%. The company focuses on providing a treasure hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2019, 22% of sales came from women’s ready-to-wear apparel, 22% from accessories and footwear, 20% from menswear, 16% from youth apparel and baby, 15% from home décor, and 5% from coats. All sales come from the United States.
Burlington Stores Inc. (NYSE:BURL) defies analysts with a current price ($297.14) 6.0% above its average consensus price target of $279.39.
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