Burlington Stores (BURL) Tops Q4 EPS by 6c, Comps Increase 1.3%, Offers Guidance
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Burlington Stores, Inc. Reports Fourth Quarter and Fiscal 2018 Results; Introduces Fiscal Year 2019 Outlook
March 7, 2019 6:45 AM ESTOn a GAAP basis, for the 13 weeks ended February 2, 2019 vs. the 14 weeks ended February 3, 2018,- Total sales rose 2.8%, more than offsetting the $82M of sales recorded during the 14th week last year- Net income decreased 23% and EPS decreased 22% to $2.70, due primarily to last years $1.34 per share benefit from the revaluation of deferred tax liabilitiesOn a Non-GAAP basis, for the 13 weeks ended February 2, 2019 vs. the 13 weeks ended January 27, 2018,- Total sales increased 7.4%- Adjusted EPS, exclusive of the... More
