Spruce Point Issues "Strong Sell" Opinion On Burlington Stores (BURL)

Spruce Point Capital Management Issues "Strong Sell" Opinion On Burlington Stores (NYSE:BURL) And Sees 20% - 40% Downside

Executive Summary

Spruce Point Is Cautious On Burlington Stores For The Following Reasons:

Burlington (“BURL” or “the Company”) Is An Old School Retailer Now Being Spun As A Sexy New Growth Story Amidst An lntensifying and Ultra Competitive Retailing Environment

• Burlington Stores (formerly Burlington Coat Factory) is an “off-price” discount retailer based in Burlington, NJ that sells men’s and women’s clothing, home furnishings, and accessories. It competes with the likes of TJX Companies (T.J....
  

  This content is exclusively for paying members of Hedge Fund Alpha

  Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

  Don’t have an account?

  Subscribe now and get 7 days free!

  This article is only available for Premium Members

  Subscribe today and get :
  Insider Strategies and Letters to Shareholders from the Top Hedge Funds
  Exclusive Access to coverage of Private, Closed-Door Investor Conferences
  Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

  Don’t have an account?

  Subscribe now and get 7 days free!