Burlington Stores Inc (BURL)
Gross profit margin
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,047,090 | 1,009,091 | 957,145 | 892,098 | 843,466 | 772,177 | 712,256 | 670,159 | 630,934 | 594,823 | 684,896 | 831,100 | 1,006,724 | 1,679,742 | 2,234,566 | 2,465,065 | 2,196,517 | 2,154,320 | 2,157,476 | 2,381,086 |
| Revenue (ttm) | US$ in thousands | 10,634,830 | 10,484,130 | 10,242,780 | 9,952,070 | 9,727,480 | 9,345,400 | 9,096,740 | 8,909,870 | 8,702,600 | 8,567,330 | 8,830,680 | 9,058,650 | 9,322,260 | 8,996,140 | 8,359,340 | 7,155,760 | 5,763,983 | 5,689,693 | 5,804,033 | 6,453,723 |
| Gross profit margin | 9.85% | 9.62% | 9.34% | 8.96% | 8.67% | 8.26% | 7.83% | 7.52% | 7.25% | 6.94% | 7.76% | 9.17% | 10.80% | 18.67% | 26.73% | 34.45% | 38.11% | 37.86% | 37.17% | 36.89% |
February 1, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,047,090K ÷ $10,634,830K
= 9.85%
The gross profit margin of Burlington Stores Inc has exhibited a downward trend over the past few years, starting at 36.89% in May 2020 and gradually declining to 9.85% in February 2025. This indicates a decrease in the percentage of revenue retained as gross profit after accounting for the cost of goods sold.
The margin peaked at 38.11% in January 2021 but has since experienced a consistent decline. The most significant drop occurred between January and May 2021, falling from 38.11% to 34.45%. Subsequently, there was a sharp decline between July 2021 and October 2021, where the margin decreased from 26.73% to 18.67%.
The company faced challenges in maintaining its gross profit margin in the latter half of 2021 and into 2022, with the margin dropping below 10%. Despite a slight recovery in the following quarters, the margin remained below 10% until reaching 9.85% in February 2025.
This sustained downward trend in gross profit margin suggests potential issues with cost management, pricing strategies, or competitive pressures impacting Burlington Stores Inc's ability to generate profits from its core operations. Further analysis of the company's cost structure and revenue streams may provide insights into the factors contributing to this decline.
Peer comparison
Feb 1, 2025