Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6545
    +0.0022 (+0.33%)
     
  • OIL

    84.17
    +0.60 (+0.72%)
     
  • GOLD

    2,355.10
    +12.60 (+0.54%)
     
  • Bitcoin AUD

    98,444.73
    +368.34 (+0.38%)
     
  • CMC Crypto 200

    1,388.81
    -7.73 (-0.55%)
     
  • AUD/EUR

    0.6100
    +0.0027 (+0.45%)
     
  • AUD/NZD

    1.0990
    +0.0033 (+0.30%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,115.81
    +36.95 (+0.46%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    18,053.83
    +136.55 (+0.76%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

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.