Burlington Stores (BURL) Q4 Revenue Tops Views, Comps Increase 5.9%
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Burlington Stores, Inc. Reports Record Fourth Quarter and Fiscal 2017 Results; Exceeds Guidance and Introduces Fiscal Year 2018 Outlook
March 8, 2018 6:45 AM ESTOn a GAAP 14 week basis, total sales rose 15%, net income increased 92%, and EPS increased 96% On a non-GAAP 13 week basis, Comparable store sales increased 5.9% Adjusted EBITDA increased 14% to $290 million, up 50 basis points Adjusted EPS, excluding the estimated impact of the 2017 Tax Reform, rose 22% to $2.17 Introducing outlook for FY18 Adjusted EPS of $5.73-$5.83
BURLINGTON, N.J.--(BUSINESS WIRE)-- Burlington Stores, Inc. (NYSE:... More
