Burlington Stores, Inc. Announces Second Quarter and First Half Fiscal 2016 Results, Exceeding Prior Guidance; Raises Fiscal Year 2016 Outlook

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Go back to Burlington Stores, Inc. Announces Second Quarter and First Half Fiscal 2016 Results, Exceeding Prior Guidance; Raises Fiscal Year 2016 Outlook

MKM Partners Upgrades Burlington Stores (BURL) to Buy

August 26, 2016 6:46 AM EDT

MKM Partners upgraded Burlington Stores (NYSE: BURL) from Neutral to Buy with a price target of $94.00 (from $73.00).

For an analyst ratings summary and ratings history on Burlington Stores click here. For more ratings news on Burlington Stores click here.

Shares of Burlington Stores closed at $80.95 yesterday.

... More

Burlington Stores (BURL) Est., Valuation Range Lifted at Wells Fargo Following Strong Qtr.

August 25, 2016 12:35 PM EDT

Wells Fargo analyst Ike Boruchow reiterated an Outperform rating while raising his estimates and valuation range on Burlington Stores (NYSE: BURL) to $88-$90 following an "extremely impressive Q2."

Boruchow commented, "BURL delivered an extremely impressive Q2 on both an absolute and relative basis. Specifically,... More

Burlington Stores (BURL) Tops Q2 EPS by 9c; Raises Outlook

August 25, 2016 6:49 AM EDT

Burlington Stores (NYSE: BURL) reported Q2 EPS of $0.39, $0.09 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.24 billion.

Comparable store sales increased 5.4%.

GUIDANCE:

Burlington Stores sees FY2016 EPS of... More