MKM Partners Upgrades Burlington Stores (BURL) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Burlington Stores, Inc. Announces Second Quarter and First Half Fiscal 2016 Results, Exceeding Prior Guidance; Raises Fiscal Year 2016 Outlook
August 25, 2016 6:45 AM EDTFor the Fiscal 2016 Second Quarter vs the Fiscal 2015 Second Quarter:
On a GAAP basis, net sales rose 9.7%, net income increased 87% and diluted net income per share rose 100% On a Non-GAAP basis, Comparable store sales increased 5.4% Adjusted Net Income per Share rose 105% to $0.39 Adjusted EBITDA increased 31% to $99.1 million Comparable store inventory decreased 7% and turnover improved 15%BURLINGTON,... More
