Burlington Stores Inc (BURL)
Gross profit margin
| 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 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 3,032,503 | 2,940,737 | 2,881,180 | 2,816,397 |
| Revenue (ttm) | US$ in thousands | 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 | 7,286,390 | 7,075,860 | 6,935,240 | 6,777,960 |
| Gross profit margin | 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% | 41.62% | 41.56% | 41.54% | 41.55% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $843,466K ÷ $9,727,480K
= 8.67%
The gross profit margin of Burlington Stores Inc has shown fluctuations over the period analyzed. Starting from 8.67% in February 2024, it decreased to 8.26% in October 2023, further declining to 7.83% in July 2023, and then to 7.52% in April 2023. This downward trend continued with a gross profit margin of 7.25% in January 2023.
However, there was a slight improvement in October 2022 with a gross profit margin of 6.94%, followed by a significant increase to 7.76% in July 2022. The trend reversed positively with further improvements to 9.17% in April 2022 and a significant increase to 10.80% in January 2022. However, the gross profit margin saw a steep decline to 18.67% in October 2021, signaling a possible external factor impacting profitability.
The most notable changes occurred in mid-2021, with a substantial increase to 26.73% in July, and a remarkable surge to 34.45% in May, and 38.11% in January 2021. This upward trend continued with gross profit margins of 37.86% in October 2020, 37.17% in August 2020, and 36.89% in May 2020.
Significantly, there was a sharp increase to 41.62% in February 2020, maintaining a relatively stable level around 41%-42% for the later part of 2019 and early 2020 until the current period. These fluctuations in the gross profit margin of Burlington Stores Inc indicate varying levels of operational efficiency and cost management strategies implemented by the company over the analyzed period.
Peer comparison
Feb 3, 2024