Burlington Stores, Inc. Reports Second Quarter 2021 Earnings

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Go back to Burlington Stores, Inc. Reports Second Quarter 2021 Earnings

Burlington Stores (BURL) PT Lowered to $375 at Cowen

August 27, 2021 7:58 AM EDT

Cowen analyst John Kernan lowered the price target on Burlington Stores (NYSE: BURL) to $375.00 (from $395.00) while maintaining an Outperform rating.

The analyst commented, "Management s conservative 2H:21 outlook likely lowers consensus 2H estimates. Management is guiding to Q3 and 2H:21 comps... More

Burlington Stores (BURL) Tops Q2 EPS by 56c, Comps Increase 19%

August 26, 2021 6:49 AM EDT

Burlington Stores (NYSE: BURL) reported Q2 EPS of $1.94, $0.56 better than the analyst estimate of $1.38. Revenue for the quarter came in at $2.21 billion versus the consensus estimate of $2.05 billion.

Comparable store sales increased 19%

Outlook:

Given the uncertainty... More