Burlington Stores, Inc. Reports Third Quarter 2023 Earnings
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November 22, 2023 6:25 AM EST
TD Cowen analyst John Kernan raised the price target on Burlington Stores (NYSE: BURL) to $157.00 (from $146.00) while maintaining a Market Perform rating.
The analyst commented, "Surprising issuance of a five-year plan that targets an acceleration and +500bps of cumulative operating margin expansion from FY22,... More
November 21, 2023 6:56 AM EST
Burlington Stores (NYSE: BURL) reported third-quarter earnings per share of 98 cents, ahead of the Street at 95 cents.
Revenue rose 12% year-over-year to $2.285 billion, in line with the consensus. Same-store sales rose 6%, in line with the companys guidance. Analysts were looking for 5.9%... More
November 21, 2023 6:47 AM EST
Burlington Stores (NYSE: BURL) reported Q3 EPS of $0.98, $0.03 better than the analyst estimate of $0.95. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.29 billion. Comparable store sales increased 6% versus our guidance of 5% to 7%.
GUIDANCE:
Burlington... More
