Burlington Stores (BURL) Misses Q3 EPS by 9c; Guides In-Line
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Burlington Stores, Inc. Reports Third Quarter 2022 Earnings
November 22, 2022 6:45 AM ESTOn a GAAP basis, total sales decreased 11% on top of a 30% increase in Q3 2021Net income was $17 million, and diluted EPS was $0.26, inclusive of an $11 million impairment charge on the sale of real estate, or $0.12 per shareComparable store sales decreased 17% on top of a 16% increase in Q3 2021On a non-GAAP basis, Adjusted EBIT was $55 million, and Adjusted EPS was $0.43
BURLINGTON, N.J., Nov. 22, 2022 (GLOBE NEWSWIRE)... More
