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Burlington Stores (Burlington Stores) Gross Margin % : 42.80% (As of Jan. 2024)


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What is Burlington Stores Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Burlington Stores's Gross Profit for the three months ended in Jan. 2024 was $1,338 Mil. Burlington Stores's Revenue for the three months ended in Jan. 2024 was $3,126 Mil. Therefore, Burlington Stores's Gross Margin % for the quarter that ended in Jan. 2024 was 42.80%.


The historical rank and industry rank for Burlington Stores's Gross Margin % or its related term are showing as below:

BURL' s Gross Margin % Range Over the Past 10 Years
Min: 38.32   Med: 41.36   Max: 42.6
Current: 42.6


During the past 13 years, the highest Gross Margin % of Burlington Stores was 42.60%. The lowest was 38.32%. And the median was 41.36%.

BURL's Gross Margin % is ranked better than
61.04% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.74 vs BURL: 42.60

Burlington Stores had a gross margin of 42.80% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Burlington Stores was 0.20% per year.


Burlington Stores Gross Margin % Historical Data

The historical data trend for Burlington Stores's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burlington Stores Gross Margin % Chart

Burlington Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.96 38.32 41.69 40.57 42.59

Burlington Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.77 42.36 41.78 43.31 42.80

Competitive Comparison of Burlington Stores's Gross Margin %

For the Apparel Retail subindustry, Burlington Stores's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Burlington Stores's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Burlington Stores's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Burlington Stores's Gross Margin % falls into.



Burlington Stores Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Burlington Stores's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=4143.4 / 9727.467
=(Revenue - Cost of Goods Sold) / Revenue
=(9727.467 - 5584.06) / 9727.467
=42.59 %

Burlington Stores's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1338 / 3126.358
=(Revenue - Cost of Goods Sold) / Revenue
=(3126.358 - 1788.399) / 3126.358
=42.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Burlington Stores  (NYSE:BURL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Burlington Stores had a gross margin of 42.80% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Burlington Stores Gross Margin % Related Terms

Thank you for viewing the detailed overview of Burlington Stores's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Burlington Stores (Burlington Stores) Business Description

Traded in Other Exchanges
Address
2006 Route 130 North, Burlington, NJ, USA, 08016
The third-largest American dedicated off-price apparel and home fashion retail firm, with 927 stores as of the end of fiscal 2022, 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 2022, 24% of sales came from accessories and footwear, 22% from women's ready-to-wear apparel, 21% from home décor, 17% from menswear, 12% from youth apparel and baby, and 4% from outerwear. All sales come from the United States.
Executives
William P Mcnamara director
Jennifer Vecchio officer: President and CMO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Jeffrey Laub officer: SVP, Finance and CAO C/O BURLINGTON COAT FACTORY WAREHOUSE CO, 1830 ROUTE 130, BURLINGTON NJ 08016
Kristin Wolfe officer: Chief Financial Officer C/O BURLINGTON STORES, INC., 1830 ROUTE 130, BURLINGTON NJ 08016
Travis Marquette officer: President and COO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Mike Metheny officer: Executive Vice President 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
Dennis Hodgson officer: EVP CIO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Michael R Allison officer: EVP CHRO 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Joyce Manning Magrini officer: Executive Vice President C/O FINLAY ENTERPRISES, INC., 529 FIFTH AVENUE, ATTN: LEGAL DPT., NEW YORK NY 10017
Michael Goodwin director 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Fred Hand officer: Chief Customer Officer 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
John Crimmins officer: Chief Financial Officer 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
Thomas Kingsbury director, officer: President & CEO 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
O Sullivan Michael B director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Paul Sullivan director 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016