Burlington Stores Inc (BURL)
Burlington Stores, Inc. is a leading off-price retailer of branded apparel and other merchandise in the United States, strategically catering to value-conscious consumers. Headquartered in Burlington, New Jersey, the company operates a vast network of stores across the country, offering a wide range of products including clothing, footwear, and home goods at competitive prices. With a strong emphasis on providing exceptional value and a diverse selection, Burlington Stores aims to capitalize on the growing demand for off-price retail as consumers seek quality products at accessible prices. The company continues to expand its footprint and enhance its omnichannel capabilities, positioning itself as a notable player in the retail landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 55.95% per annum.
- BURL price at the close of October 31, 2025 was $273.59 and was lower than the bottom border of the primary price channel by $52.00 (15.97%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.75% per annum.
- BURL price at the close of October 31, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of BURL price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 9, 2023
End date: February 7, 2025
a = 3.8021
b = 0.0012
s = 0.1186
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 55.95%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1186) – 1
= 60.68%
May 9, 2023 calculations
Top border of price channel:
Exp(Y632)
= Exp(a + b × X632 + 2 × s)
= Exp(a + b × 918 + 2 × s)
= Exp(3.8021 + 0.0012 × 918 + 2 × 0.1186)
= Exp(5.1569)
= $173.62
Bottom border of price channel:
Exp(Y632)
= Exp(a + b × X632 – 2 × s)
= Exp(a + b × 918 – 2 × s)
= Exp(3.8021 + 0.0012 × 918 – 2 × 0.1186)
= Exp(4.6826)
= $108.06
February 7, 2025 calculations
Top border of price channel:
Exp(Y1,071)
= Exp(a + b × X1,071 + 2 × s)
= Exp(a + b × 1,558 + 2 × s)
= Exp(3.8021 + 0.0012 × 1,558 + 2 × 0.1186)
= Exp(5.9360)
= $378.43
Bottom border of price channel:
Exp(Y1,071)
= Exp(a + b × X1,071 – 2 × s)
= Exp(a + b × 1,558 – 2 × s)
= Exp(3.8021 + 0.0012 × 1,558 – 2 × 0.1186)
= Exp(5.4618)
= $235.52
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 55.95% per annum.
- BURL price at the close of October 31, 2025 was $273.59 and was lower than the bottom border of the primary price channel by $52.00 (15.97%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: May 30, 2024
End date: October 31, 2025
a = 5.4364
b = 0.0001
s = 0.0772
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.75%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0772) – 1
= 36.17%
May 30, 2024 calculations
Top border of price channel:
Exp(Y898)
= Exp(a + b × X898 + 2 × s)
= Exp(a + b × 1,305 + 2 × s)
= Exp(5.4364 + 0.0001 × 1,305 + 2 × 0.0772)
= Exp(5.6877)
= $295.22
Bottom border of price channel:
Exp(Y898)
= Exp(a + b × X898 – 2 × s)
= Exp(a + b × 1,305 – 2 × s)
= Exp(5.4364 + 0.0001 × 1,305 – 2 × 0.0772)
= Exp(5.3790)
= $216.81
October 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.4364 + 0.0001 × 1,824 + 2 × 0.0772)
= Exp(5.7263)
= $306.82
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.4364 + 0.0001 × 1,824 – 2 × 0.0772)
= Exp(5.4176)
= $225.33
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 2.75% per annum.
- BURL price at the close of October 31, 2025 was inside the secondary price channel.