Burlington Stores (BURL) stock edges up as flat retail sales keeps consumer spending in focus
Burlington Stores shares closed up 0.4% at $305.83 Wednesday after trading between $304.62 and $310.79. U.S. retail sales were flat in December, missing forecasts, while other off-price retailers were mixed. Burlington remains within its 52-week range ahead of its Feb. 26 earnings report. Investors are watching for updates on demand and inventory after weak holiday sales.