Stock price when the opinion was issued
Helped by buying goods where the tariff has already been paid by someone else. Key metric is same-store sales: +2.5% in 2025 and overall a strong Q2 despite a soft May, but a good June and July. Their full-year guidance was less optimistic than TJX's. Carry a lot of outerwear, so are vulnerable to variations in the weather (i.e. Warm winter). Third-best among the discount apparel retailers. Trades at 25x 2026 PE. PEG ratio is 1.4. Has been buying back shares at a decent volume.
He expects good numbers next Thursday, given that Ross Stores and TJX recently put up good numbers, though Burlington is more downscale.