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

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Burlington Stores (BURL) PT Raised to $174 at MKM Partners; Reiterates Buy

August 31, 2018 7:17 AM EDT

MKM Partners analyst Roxanne Meyer raised the price target on Burlington Stores (NYSE: BURL) to $174.00 (from $159.00) while maintaining a Buy rating following the company's 2Q. BURL reported EPS of $1.09, which was ahead of the Street's $0.96, representing a 24% increase in operating income on top... More

Burlington Stores (BURL) PT Raised to $175 at RBC Capital

August 31, 2018 6:44 AM EDT

RBC Capital analyst Brian Tunick raised the price target on Burlington Stores (NYSE: BURL) to $175.00 (from $165.00) while maintaining an Outperform rating.

Tunick said while Q2 results are viewed as disappointing they are encouraged that the underperformance was due to isolated execution issues and Q3 is off to a good start.

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Burlington Stores (BURL) Tops Q2 EPS by 19, Revneues In-Line; Boosts FY18 EPS Outlook

August 30, 2018 6:47 AM EDT

Burlington Stores (NYSE: BURL) reported Q2 EPS of $1.15, $0.19 better than the analyst estimate of $0.96. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.5 billion.

Tom Kingsbury, CEO, stated, We are pleased to continue our strong earnings momentum in Fiscal 2018... More