Burlington Stores's Return On Capital Employed Overview
Portfolio Pulse from Benzinga Insights
Burlington Stores (NYSE:BURL) reported a Q1 return on capital employed (ROCE) of 0.04%, indicating effective capital allocation. The company's earnings increased by 82.32% to $32.75 million, while sales decreased by 22.12% to $2.14 billion compared to Q4.
May 26, 2023 | 2:49 pm
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Burlington Stores' Q1 ROCE of 0.04% indicates effective capital allocation, potentially leading to higher returns and EPS growth.
Burlington Stores' positive ROCE of 0.04% in Q1 indicates that the company is allocating its capital effectively, which is a positive sign for investors. This could lead to higher returns and earnings per share growth in the future. However, it's important to note that ROCE is not a highly reliable predictor of a company's earnings or sales in the near future.
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IMPORTANCE 80
RELEVANCE 100