Burlington Stores (BURL) Tops Q1 EPS by 17c; Raises Outlook

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Burlington Stores, Inc. Reports First Quarter 2018 Results Above Guidance and Increases Full Year 2018 Sales and Adjusted EPS Outlook

May 31, 2018 6:45 AM EDT

 On a GAAP basis, total sales rose 12.8%, net income increased 58%, and EPS increased 64%On a Non-GAAP basis,   -   Comparable store sales increased 4.8% on a shifted basis   -   Adjusted EBITDA margin increased 70 basis points   -   Adjusted EPS rose 59% to $1.26Increasing outlook for FY18 Adjusted EPS to $5.90 - $6.00, up from $5.73-$5.83 

BURLINGTON, N.J., May 31, 2018 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality,... More