Burlington Stores (NYSE: BURL) reported Q4 EPS of $2.83, $0.06 better than the analyst estimate of $2.77. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $2.04 billion.

Comparable store sales increased 1.3%, on top of a 5.9% increase last year

GUIDANCE:

Burlington Stores sees Q1 2019 EPS of $1.21-$1.31, versus the consensus of $1.35.

• Due to the uncertainty around the timing, aggregate amount and average size of IRS refunds this tax season coupled with Easter shifting back three weeks,
• Total sales to increase in the range of 7% to 9%;
• Comparable store sales to increase in the range of 0% to 2% on top of a 4.8% increase during the first quarter of Fiscal 2018;

Burlington Stores sees FY2019 EPS of $6.93-$7.06, versus the consensus of $7.06.

• Total sales to increase in the range of 9% to 10%; this assumes comparable store sales to increase in the range of 2% to 3% for the second, third and fourth quarters of Fiscal 2019. This translates to annual comparable store sales in the range of 1.5% to 2.8%, on top of the 3.2% increase during Fiscal 2018

For earnings history and earnings-related data on Burlington Stores (BURL) click here.