Burlington Stores Inc (BURL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -2,454,517 | -2,378,044 | -2,348,906 | -2,301,176 | -2,269,020 | -2,264,619 | -2,198,394 | -2,065,539 | -1,872,652 | -453,823 | -432,247 | 502,645 | 900,844 | 858,647 | 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 |
| Operating profit margin | -25.23% | -25.45% | -25.82% | -25.83% | -26.07% | -26.43% | -24.89% | -22.80% | -20.09% | -5.04% | -5.17% | 7.02% | 15.63% | 15.09% | 37.17% | 36.89% | 41.62% | 41.56% | 41.54% | 41.55% |
February 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-2,454,517K ÷ $9,727,480K
= -25.23%
The operating profit margin of Burlington Stores Inc has shown fluctuations over the past several quarters. From May 2019 to January 2021, the company demonstrated a consistent and relatively healthy operating profit margin, ranging from 15.09% to 41.62%. However, starting from April 2021, the operating profit margin began to decline, reaching a low of -26.43% in October 2022.
It is important to note that negative operating profit margins indicate that the company's operating expenses exceeded its gross profit, resulting in operating losses. Burlington Stores Inc experienced a significant decline in profitability during this period, which may be attributed to various factors such as increasing costs, lower sales volumes, or operational inefficiencies.
The company's operating profit margin was particularly weak in the recent quarters, falling below -25% from February 2024 to April 2023. This downward trend indicates ongoing challenges in managing operating expenses relative to the revenue generated. Burlington Stores Inc will need to focus on improving operational efficiencies and cost management to enhance its profitability moving forward.
Peer comparison
Feb 3, 2024