Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6517
    +0.0017 (+0.26%)
     
  • OIL

    82.95
    +0.14 (+0.17%)
     
  • GOLD

    2,330.10
    -8.30 (-0.35%)
     
  • Bitcoin AUD

    98,686.70
    -3,578.23 (-3.50%)
     
  • CMC Crypto 200

    1,391.35
    +8.78 (+0.63%)
     
  • AUD/EUR

    0.6076
    +0.0006 (+0.10%)
     
  • AUD/NZD

    1.0953
    +0.0012 (+0.11%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,221.35
    +20.08 (+0.12%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

Burlington Stock Drops 9% After Earnings: Is It a Buying Opportunity?

Burlington Stock Drops 9% After Earnings: Is It a Buying Opportunity?

The off-price retailer posted excellent second-quarter results but expects to experience significant margin pressure over the next few quarters.