Burlington Stores (BURL) Misses Q1 EPS by 11c, Guidance Misses
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Burlington Stores, Inc. Reports First Quarter 2022 Earnings
May 26, 2022 6:45 AM EDTAll First Quarter 2022 comparisons are made versus the First Quarter 2021
On a GAAP basis, total sales decreased 12%, net income was $16 million, and diluted EPS was $0.24Comparable store sales decreased 18%On a non-GAAP basis, Adjusted EBIT was $59 million, a decrease of 780 basis points as a percentage of salesOn a non-GAAP basis, Adjusted EPS was $0.54BURLINGTON, N.J., May 26, 2022 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a... More
