Burlington Stores, Inc. Announces $200 Million Share Repurchase Program

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Go back to Burlington Stores, Inc. Announces $200 Million Share Repurchase Program

Sterne Agee CRT Remains Bullish on Burlington Stores (BURL) Following Yesterday's Sell-Off

June 10, 2015 7:10 AM EDT

Sterne Agee CRT maintains a Buy rating and $58.00 price target on Burlington Stores (NYSE: BURL) following yesterday's sell-off. Analyst Ike Boruchow believes that management articulated that the Q1 results were a result of one-time issues, and views yesterday's pullback as a compelling buying opportunity.... More

Sterne Agee CRT Cuts Price Target Following Burlington Stores (BURL) Q1 Results

June 9, 2015 11:26 AM EDT

Sterne Agee CRT maintains a Buy rating on Burlington Stores (NYSE: BURL), and cut the price target to $58.00 (from $63.00), following Q1 results. BURL reported EPS of $0.41 (slightly above guidance of $0.36 to $0.40). comps missed plan at +0.8% vs. guidance for +2-3%. Q2 EPS was guided to $0.10 to $0.13.... More

Burlington Stores (BURL) Approves $200M Buyback Plan

June 9, 2015 6:59 AM EDT

Burlington Stores (NYSE: BURL) announced that its Board of Directors has authorized the Company to repurchase up to $200 million of its common stock. The repurchase program will be funded using the Companys available cash and is expected to be executed over the next 24... More