Burlington Stores (BURL) Tops Q2 EPS by 12c; Guides Lower

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Burlington Stores, Inc. Reports Second Quarter 2022 Earnings

August 25, 2022 6:45 AM EDT

All Second Quarter 2022 comparisons are made versus the Second Quarter 2021

On a GAAP basis, total sales decreased 10% on top of a 34% increase in Q2 2021Net income was $12 million, and diluted EPS was $0.18Comparable store sales decreased 17% on top of 19% growth in Q2 2021On a non-GAAP basis, Adjusted EBIT was $43 millionOn a non-GAAP basis, Adjusted EPS was $0.35 versus guidance of $0.18 to $0.31

BURLINGTON, N.J., Aug. 25, 2022 (GLOBE... More