Edition:
United Kingdom

Burlington Stores Inc (BURL.N)

BURL.N on New York Stock Exchange

123.46USD
18 Jan 2018
Change (% chg)

$1.89 (+1.55%)
Prev Close
$121.57
Open
$122.39
Day's High
$124.02
Day's Low
$122.20
Volume
100,626
Avg. Vol
201,289
52-wk High
$126.69
52-wk Low
$79.07

Latest Key Developments (Source: Significant Developments)

Burlington Stores Q3 adjusted earnings per share $0.70
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Burlington Stores Inc :Burlington Stores Inc reports third quarter 2017 results above guidance and increases full year 2017 outlook.Sees Q4 2017 adjusted earnings per share $2.02 to $2.06.Sees FY 2017 adjusted earnings per share $4.23 to $4.27.Q3 adjusted earnings per share $0.70.Q3 earnings per share $0.65.Sees FY 2017 sales up 8.1 to 8.4 percent.Sees Q4 2017 sales up 11 to 12 percent.Q3 sales $1.438 billion versus I/B/E/S view $1.44 billion.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $2.09, revenue view $1.90 billion -- Thomson Reuters I/B/E/S.Burlington Stores Inc- ‍on a non-GAAP basis, comparable store sales increased 3.1% in quarter​.Burlington Stores Inc - ‍expects to open 37 net new stores, and invest net capital expenditures of approximately $215 million​ in fiscal 2017.Burlington Stores Inc sees ‍comparable store sales to increase in range of 2% to 3% for q4​.  Full Article

Burlington Stores sees Q3 2018 adjusted earnings per share $0.64 to $0.66
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Burlington Stores Inc :Burlington Stores Inc announces launch of debt repricing and extension transaction and updates guidance for the third quarter ended October 28, 2017.Sees Q3 2018 adjusted earnings per share $0.64 to $0.66.Burlington Stores Inc - for 13 weeks ended October 28, 2017 company now expects total sales to increase approximately 7.1 pct​.Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects comparable store sales to increase approximately 3.1 pct​.Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects adjusted EPS in range of $0.64 to $0.66​.Burlington Stores Inc - ‍launch of a debt repricing and extension transaction​.Burlington Stores Inc - ‍is seeking commitments from lenders under a new senior secured credit facility for an aggregate principal amount of $1,117 million​.Burlington Stores Inc - co ‍expects new senior credit facility to comprise a single tranche of loans maturing in 2024​.Burlington Stores Inc - ‍net proceeds of new senior credit facility will be used to repay all indebtedness outstanding under existing term loan b facility​.  Full Article

Burlington Stores Q2 adjusted EPS $0.39
Thursday, 25 Aug 2016 

Burlington Stores Inc : Burlington stores, inc. Announces second quarter and first half fiscal 2016 results, exceeding prior guidance; raises fiscal year 2016 outlook . Q2 earnings per share $0.28 . Q2 same store sales rose 5.4 percent . Q2 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Sees FY 2016 sales up 7.8 to 8.3 percent . Sees q3 2016 sales up 7.1 to 8.1 percent . Sees FY 2016 net sales to increase in range of 7.8% to 8.3% . Sees 2016 comparable store sales to increase between 3.6% to 4.1% . Sees q3 comparable store sales to increase in range of 2.5% to 3.5 . Sees FY adjusted eps in range of $2.92 to $2.96 . Sees q3 adjusted net income per share in range of $0.30 to $0.32 . Sees q3 net sales to increase in range of 7.1% to 8.1% . Fy earnings per share view $2.88, revenue view $5.48 billion -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.33, revenue view $1.32 billion -- Thomson Reuters I/B/E/S . Qtrly total revenue $1.26 billion versus $1.15 billion last year .Q2 revenue view $1.24 billion -- Thomson Reuters I/B/E/S.  Full Article

Burlington Stores' unit enters into amendment no. 5
Friday, 29 Jul 2016 

Burlington Stores Inc : On July 29, 2016, unit entered into amendment no. 5 to credit agreement dated as of February 24, 2011 .Amendment reduces interest rate margins applicable to co's term loan facility from 2.25% to 1.75% , in case of prime rate loans.  Full Article

Burlington Stores sees Q2 2017 adj earnings $0.28-$0.30/shr
Monday, 18 Jul 2016 

Burlington Stores Inc : Sees Q2 comparable store sales to increase between 4.2% and 4.5% . Expect new senior secured credit facility to comprise a single tranche of term loans maturing in 2021 . Burlington stores Inc announces launch of debt repricing transaction and increases operating results guidance for the second quarter ending july 30, 2016 . Sees Q2 2017 adjusted earnings per share $0.28 to $0.30 . Seeking commitments from lenders under a new senior secured credit facility for an aggregate principal amount of $1,117 million . Burlington Stores Inc says expects new senior secured credit facility to comprise a single tranche of term loans maturing in 2021 .For 13 weeks ending july 30, expects adjusted EBITDA in range of $88 to $90 million; adjusted net income per share of $0.28 to $0.30.  Full Article

Burlington Stores reports Q1 earnings per share $0.52
Thursday, 26 May 2016 

Burlington Stores Inc : Announces first quarter 2016 results, exceeding guidance; raises fiscal year 2016 outlook . Q1 adjusted earnings per share $0.57 . Q1 earnings per share $0.52 . Q1 earnings per share view $0.48 -- Thomson Reuters I/B/E/S . Sees Q2 2016 adjusted earnings per share $0.20 to $0.23 . Sees FY 2016 adjusted earnings per share $2.68 to $2.78 . Sees FY 2016 sales up 7.1 to 7.6 percent . Sees Q2 2016 sales up 6.3 to 7.3 percent . Qtrly comparable store inventory decreased 9% . On a non-GAAP basis comparable store sales increased 4.3% in quarter . Q1 sales rose 8.4 percent to $1.283 billion . Merchandise inventories at quarter end were $804.7 million versus $822.3 million last year . Sees 2016 comparable store sales now to increase between 3.0% to 3.5% . Sees Q2 comparable store sales to increase in range of 2.5% to 3.5% . Q1 revenue view $1.27 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.25, revenue view $1.22 billion -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $2.29, revenue view $5.10 billion -- Thomson Reuters I/B/E/S.  Full Article

Burlington Stores Inc: gives FY, Q1 2016 guidance
Thursday, 3 Mar 2016 

Burlington Stores Inc:Expects FY 2016 net sales to increase in the range of 6.5% to 7.5%.Expects FY 2016 comparable store sales to increase between 2.5% to 3.5%, inclusive of a 0.5% increase related to the transfer of our fragrance business from a leased to an owned category.Expects FY 2016 adjusted net income per share in the range of $2.62 to $2.72.Expects Q1 2016 net sales to increase in the range of 6.2% to 7.2%.Expects Q1 2016 comparable store sales to increase in the range of 2.5% to 3.5%.Expects Q1 2016 adjusted net income per share in the range of $0.44 to $0.48.  Full Article

BRIEF-Burlington Stores Q3 adjusted earnings per share $0.70

* Burlington Stores Inc reports third quarter 2017 results above guidance and increases full year 2017 outlook