Burlington Stores (BURL) Q3 EPS Guidance Tops Views

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Burlington Stores, Inc. Announces Launch of Debt Repricing and Extension Transaction and Updates Guidance for the Third Quarter Ended October 28, 2017

October 30, 2017 4:15 PM EDT

For the 13 weeks ended October 28, 2017 compared with the 13 weeks ended October 29, 2016, the Company now expects: Total sales to increase approximately 7.1% vs. previous guidance of 6.7% to 7.7%; Comparable store sales to increase approximately 3.1% vs. previous guidance of 2% to 3%; and Adjusted EBITDA in the range of $129 million to $131 million, and Adjusted EPS in the range of $0.64 to $0.66, above previous Adjusted EPS guidance of $0.58-$0.61

BURLINGTON, N.J.--(BUSINESS WIRE)-- Burlington Stores, Inc. (NYSE:... More