BURLINGTON STORES, INC. (BURL)

The article highlights three stocks - Burlington Stores, Snowflake, and Cameco - that demonstrate potential growth by combining value and growth investing principles, each positioned uniquely in their respective sectors amid technological and market transformations.

U.S. stocks advanced broadly with the S&P 500 and Nasdaq reaching record highs, driven by stronger-than-expected GDP growth of 3.3%. Technology and communication sectors led gains, while corporate earnings showed mixed results.

Several large-cap stocks, including PDD Holdings, Regeneron Pharmaceuticals, and Burlington Stores, were among the top losers last week, with declines ranging from 11.9% to 29.3%. The reasons for the losses varied, from mixed clinical trial results to earnings misses and tariff concerns.

Walmart offers a wide range of affordable back-to-school products, including school supplies, clothing, and electronics, as well as convenient shopping services like same-day curbside pickup and Express Delivery. The company is committed to supporting families, educators, and students as they prepare for the upcoming school year.

BURLINGTON, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 4, 2024. Michael O’Sullivan, CEO, stated, “We are very pleased with how our sales trends developed in the first quarter. The quarter got off to a slow start in February, likely due to disruptive weather and delayed tax refunds, but then our sales trend picked up. Comparable store sales increased 4% during the months of March and April combined. This resulted in a 2% comparable store sales increase for the quarter which was at the high end of our guidance range.”