Burlington Stores (BURL) Tops Q2 EPS by 48c, Revenues Miss

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Go back to Burlington Stores (BURL) Tops Q2 EPS by 48c, Revenues Miss

Burlington Stores, Inc. Reports Second Quarter 2020 Earnings

August 27, 2020 6:45 AM EDT

On a GAAP basis, total sales declined 39%, net loss was $46.8 million, and EPS was ($0.71)On a Non-GAAP basis, Adjusted EPS was ($0.56)Total inventory decreased 26% at the end of the second quarterUnrestricted cash and total liquidity were approximately $1.1 billion and $1.2 billion, respectively, at the end of the second quarter

BURLINGTON, N.J., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and... More