Burlington Stores Inc (BURL)
Gross profit margin
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,047,090 | 845,219 | 630,921 | 1,006,770 | 2,196,520 |
| Revenue | US$ in thousands | 10,634,800 | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 |
| Gross profit margin | 9.85% | 8.69% | 7.25% | 10.80% | 38.11% |
February 1, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,047,090K ÷ $10,634,800K
= 9.85%
The gross profit margin of Burlington Stores Inc has shown a declining trend over the years based on the provided data. In January 30, 2021, the gross profit margin was reported at 38.11%, indicating a relatively healthy margin. However, this margin significantly dropped to 10.80% by January 29, 2022, signifying a substantial decrease in profitability.
The trend continued to deteriorate in the following years, with the gross profit margins for January 28, 2023, February 3, 2024, and February 1, 2025, reported at 7.25%, 8.69%, and 9.85%, respectively. These figures indicate a consistent downward trajectory in the company's gross profit margin, reflecting challenges in maintaining profitability and covering the costs of goods sold.
The declining gross profit margin for Burlington Stores Inc raises concerns about the company's ability to effectively manage its cost of sales and pricing strategies. It may indicate difficulties in achieving economies of scale, managing input costs, or facing pricing pressure in the retail industry.
Overall, the trend in Burlington Stores Inc's gross profit margin suggests a need for the company to assess and potentially revise its operational and strategic approach to improve profitability and sustain its competitive position in the market.
Peer comparison
Feb 1, 2025