Burlington Stores, Inc. Reports First Quarter 2022 Earnings

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Go back to Burlington Stores, Inc. Reports First Quarter 2022 Earnings

Burlington Stores (BURL) PT Lowered to $210 at Wells Fargo

May 26, 2022 11:42 AM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Burlington Stores (NYSE: BURL) to $210.00 (from $235.00) while maintaining a Overweight rating following earnings.

The analyst commented, "Unfortunately, despite lowered expectations heading into today, BURL's 1Q print lacked near-term good news (for the 2nd... More

Burlington Stores (BURL) Misses Q1 EPS by 11c, Guidance Misses

May 26, 2022 6:47 AM EDT

Burlington Stores (NYSE: BURL) reported Q1 EPS of $0.54, $0.11 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $2.05 billion.

GUIDANCE:

Burlington Stores sees Q2 2022 revenue of $0.18-0.31 billion, versus the consensus... More