Burlington Stores delivers upbeat annual profit guidance as Q2 print tops estimates

Go back to Burlington Stores delivers upbeat annual profit guidance as Q2 print tops estimates

Burlington Stores, Inc. Reports Second Quarter 2024 Earnings

August 29, 2024 6:45 AM EDT

Total sales growth of 13%; comparable store sales growth of 5%
Net income was $74 million, and diluted EPS was $1.15 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 160 basis pointsAdjusted EPS increased 98% to $1.24Adjusted EPS guidance for FY24 raised to $7.66-$7.96

BURLINGTON, N.J., Aug. 29,... More