Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks
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Burlington Reports ‘Extraordinarily Strong’ Results While Warning of Macroeconomic Risks
Off-price retailer Burlington Stores had an “extraordinarily strong” second quarter and raised its full-year guidance, but it remains cautious about the rest of the year due to external risks. That’s according to Burlington Stores CEO Michael O’Sullivan, who spoke to investors Thursday (Aug. 28) during the company’s quarterly earnings call. He added that the retailer is managing its business cautiously while remaining ready to “chase a…
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