Burlington Stores (BURL) Tops Q4 EPS by 39c, Beats on Revenue; Offers FY24 Guidance
Burlington Stores (NYSE: BURL) reported Q4 EPS of $3.69, $0.39 better than the analyst estimate of $3.30. Revenue for the quarter came in at $3.12 billion versus the consensus estimate of $3.06 billion.
For Fiscal 2024 (the 52-weeks ending February 1, 2025), the Company expects:
- Capital expenditures, net of landlord allowances, to be approximately $750 million;
- Depreciation & amortization to be approximately $350 million;
- Net interest expense to be approximately $43 million;
- Adjusted EPS in the range of $7.00 to $7.60, which excludes $0.11, net of tax, of anticipated expenses, associated with the acquired Bed Bath & Beyond leases. This assumes a fully diluted share count of approximately 64 million shares.
For earnings history and earnings-related data on Burlington Stores (BURL) click here.
