Leaner Inventories and Supply Chain Flexibility Helped Burlington’s Q4 – Sourcing Journal

Burlington Stores Inc. bested Wall Street’s expectations for the fourth quarter, but offered guidance below analysts’ estimates for 2020 because of a strategic initiative to plan more conservatively, fine-tune expense structure and add improvements in operational flexibility. In a Nutshell: Company CEO Michael O’Sullivan said fourth-quarter results were “driven by a solid 3.9 percent comparable store sales…