Burlington Stores (BURL) Tops Q4 EPS by 28c

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Burlington Stores, Inc. Reports Fourth Quarter 2022 Results

March 2, 2023 6:45 AM EST

On a GAAP basis, total sales increased 5%, net income was $185 million, and diluted EPS increased 57% to $2.83 Comparable store sales decreased 2%, ahead of guidance for -6% to -9%Adjusted EBIT margin increased 80 basis points versus last yearOn a non-GAAP basis, Adjusted EPS increased 17% to $2.96, above guidance of $2.45-$2.75 Introducing outlook for FY23... More