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Burlington Capitalized on Sales Trends, But Warned on Supply Chain Costs

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Burlington Stores Inc. saw first quarter sales boosted by federal stimulus checks, but it wasn’t so optimistic about ongoing supply chain costs, including freight expenses, through 2021. In a Nutshell: Burlington had a very good quarter, showing that it could garner sales gains even after ditching e-commerce a year ago. BMO Capital Markets retail analyst…

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