Burlington Stores (BURL) Tops Q3 EPS by 5c; Raises Outlook

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Burlington Stores, Inc. Reports Third Quarter 2017 Results above Guidance and Increases Full Year 2017 Outlook

November 21, 2017 6:45 AM EST

On a GAAP basis, total sales rose 7.1%, net income increased 38%, and EPS increased 44% On a Non-GAAP basis, Comparable store sales increased 3.1% Adjusted EBITDA increased 22% to $134 million, up 115 basis points Adjusted EPS rose 37% to $0.70 Increasing outlook for FY17 Adjusted EPS to $4.23-$4.27, up from $4.11-$4.18

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