Burlington Stores (BURL) PT Lowered to $275 at Wells Fargo Following Results

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Burlington Stores, Inc. Reports Fourth Quarter 2021 Results

March 3, 2022 6:45 AM EST

All Fiscal 2021 comparisons are made versus the same period in Fiscal 2019

For the fourth quarter of Fiscal 2021:

On a GAAP basis, total sales increased 18%, net income was $122 million, and diluted EPS was $1.80 Comparable store sales increased 6%On a non-GAAP basis, Adjusted EPS was $2.53

For the full year Fiscal 2021:

On a GAAP basis, total sales increased 28%, net income was $409 million, and diluted EPS was $6.00,... More