Burlington Stores (BURL) Tops Q3 EPS by 15c, Comps Increase 4.4%, Raises FY Guidance
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Burlington Stores, Inc. Reports Third Quarter 2018 Results Above Guidance and Increases Full Year 2018 Sales and Adjusted EPS Outlook
November 28, 2018 6:45 AM ESTOn a GAAP basis, total sales rose 13.7%, net income increased 71%, and EPS increased 72%On a Non-GAAP basis, Comparable store sales increased 4.4% on a shifted basisAdjusted EBIT margin increased 80 basis pointsAdjusted EPS rose 73% to $1.21 Increasing outlook for FY18 Adjusted EPS to $6.33-$6.37, up from $6.13-$6.20Â
BURLINGTON, N.J., Nov. 28, 2018 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price... More
