Burlington Stores Inc (BURL)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 845,219 | 630,921 | 1,006,770 | 2,196,520 | 3,032,500 |
| Revenue | US$ in thousands | 9,727,470 | 8,702,600 | 9,322,260 | 5,763,980 | 7,286,400 |
| Gross profit margin | 8.69% | 7.25% | 10.80% | 38.11% | 41.62% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $845,219K ÷ $9,727,470K
= 8.69%
The gross profit margin of Burlington Stores Inc has shown a downward trend over the past five years. From 41.62% in February 2020, it dropped to 38.11% in January 2021, and further declined to 10.80% in January 2022. Subsequently, there was a notable decrease to 7.25% in January 2023, followed by a slight increase to 8.69% in February 2024. This decline in the gross profit margin may indicate challenges in managing costs relative to sales revenues, pricing strategies, or changes in the cost of goods sold. Further analysis of the company's cost structure and pricing policies may be necessary to understand the factors driving this trend.
Peer comparison
Feb 3, 2024