Burlington Stores (BURL) Tops Q3 EPS by 18c; FY16 EPS Outlook Raised

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Burlington Stores, Inc. Announces Third Quarter and First Nine Months Fiscal 2016 Results

November 22, 2016 6:45 AM EST

Raises Fiscal Year 2016 Outlook

For the Fiscal 2016 Third Quarter vs. the Fiscal 2015 Third Quarter:

On a GAAP basis, net sales rose 9.1%, net income increased 114% and diluted net income per share more than doubled to $0.45 On a Non-GAAP basis, Comparable store sales increased 3.7% Adjusted Net Income per Share more than doubled to $0.51 Adjusted EBITDA increased 33% to $109.6 million... More