Cowen Says Burlington Stores' (BURL) 4Q Guidance Reflects 'Prudent Conservatism'; Reiterates Outperform
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Burlington Stores, Inc. Announces Third Quarter and First Nine Months Fiscal 2015 Results
November 24, 2015 6:45 AM ESTFor the Fiscal 2015 Third Quarter vs. the Fiscal 2014 Third Quarter: Comparable store sales increased 2.8% and net sales rose 6.4% Adjusted Net Income per Share grew 56% to $0.25 vs. $0.16 Adjusted EBITDA improved 14%, or $10.0 million, to $82.5 million Comparable stores - inventory decreased 7% and turnover improved 10% Board approves a new $200 million share repurchase program
BURLINGTON, N.J.--(BUSINESS WIRE)-- Burlington Stores, Inc. (NYSE:... More
