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

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

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

August 30, 2018 6:45 AM EDT

On a GAAP basis, total sales rose 9.9%, net income increased 51%, and EPS increased 56%On a Non-GAAP basis,   -   Comparable store sales increased 2.9% on a shifted basis   -   Adjusted EBIT margin increased 80 basis points   -   Adjusted EPS rose 51% to $1.09, excluding the impact of recent changes to New Jersey state tax lawsIncreasing outlook for FY18 Adjusted EPS to $6.13 - $6.20, up from $5.90-$6.00 

BURLINGTON, N.J., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:... More