Burlington Stores, Inc. (BURL) Q2 2024 Earnings Call Transcript Summary
Burlington Stores, Inc. (BURL) Q2 2024 Earnings Call Transcript Summary
The following is a summary of the Burlington Stores, Inc. (BURL) Q2 2024 Earnings Call Transcript:
以下是伯灵顿百货股份有限公司（BURL）2024年第二季度业绩会交易摘要：
Financial Performance:
金融业绩：
Burlington Stores reported a 13% total sales growth in Q2 2024 compared to the same quarter last year, with comp sales growth at 5%, exceeding the forecast of flat to 2%.
Gross margin improved by 110 basis points, driven by strong regular price selling, faster inventory turns, and fewer markdowns.
Operating margin expanded by 160 basis points, supported by supply chain efficiency gains.
Earnings per share in Q2 was $1.24, marking a 98% increase year-over-year and exceeding guidance.
伯灵顿百货报告2024年第二季度总销售额增长13%，与去年同期相比，可比销售增长5%，超过了平稳至2%的预测。
毛利率提高了110个基点，得益于强劲的正常价格销售、更快的库存周转和较少的折扣。
营业利润率扩大了160个基点，得到供应链效率提升的支持。
第二季度每股收益为1.24美元，同比增长了98%，超过了指导预期。
Business Progress:
业务进展：
Added 36 new stores in Q2, bringing the total to 1,057 locations.
Relocated four older, oversized stores, contributing to a total of 50 new stores and 15 relocations for the fiscal year-to-date.
On track to open 100 new stores and approximately 30 relocations for the full year.
Continued focus on merchandising and operational improvements despite recent external economic pressures.
第二季度新增36家门店，总数达到1,057家。
迄今为止，伯灵顿百货已经新开了50家门店和进行了15次搬迁，其中包括了四家年久失修的超大门店。
我们计划全年新开100家门店并完成大约30次搬迁。
尽管面临最近的外部经济压力，我们仍继续关注商品陈列和运营改进。
Opportunities:
机会：
Positive consumer response to value-focused offerings, with a comp sales increase of 5% despite potential cannibalization from new store openings.
Enhanced focus on offering sharp value and improved assortment has led to less inventory reaching clearance levels, benefiting gross margin.
Adaptation to varying back-to-school dates across regions, improving seasonal sales effectiveness.
Leveraging broader demographic trends and increased focus on value shopping, particularly as economic pressures extend beyond low-income consumers.
尽管面临由新店开业可能造成的自蚕食风险，消费者对于我们提供的有价值产品反应积极，同店销售额增长5%。
更加注重提供极具价值和改善产品组合的策略使得库存清仓率下降，有利于毛利率的提高。
我们根据不同地区的返校时间进行调整，提高了季节销售的效果。
我们充分利用更广泛的人口趋势，并进一步关注价值型购物方式，特别是在经济压力影响低收入消费者的情况下。
Risks:
风险：
Planned conservative guidance for Q3 and Q4 comp growth at 0% to 2%, reflecting the uncertainty in consumer behavior and potential impacts of unseasonable weather.
Ocean freight headwinds are expected to negatively impact merchandise margins by approximately $0.10 per share in the second half of the year.
计划在第三季度和第四季度保守预测同店销售增长为0%至2%，反映了消费者行为的不确定性和不合时宜的天气可能带来的影响。
预计海运不利因素将在下半年对商品毛利率产生大约每股0.10美元的负面影响。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。