Burlington Stores, Inc. Reports Third Quarter 2017 Results above Guidance and Increases Full Year 2017 Outlook
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Burlington Stores (BURL) PT Raised to $118 at Wells Fargo
November 21, 2017 11:16 AM ESTWells Fargo analyst Ike Boruchow raised his price target on Burlington Stores (NYSE: BURL) to $118.00 (from $112.00) while maintaining an Outperform rating.
Despite the pre-announcement, the analyst noted a few interesting pieces that came out of their release: 1) BURL delivered better GMs (relative to their... More
Burlington Stores (BURL) Tops Q3 EPS by 5c; Raises Outlook
November 21, 2017 6:46 AM ESTBurlington Stores (NYSE: BURL) reported Q3 EPS of $0.70, $0.05 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.44 billion. Comparable store sales increased 3.1%.
Tom Kingsbury, CEO, stated, We are pleased to report strong third... More
