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Burlington Stores Inc (BURL.N)

BURL.N on New York Stock Exchange

168.69USD
14 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Burlington Stores Q1 Adjusted Earnings Per Share $1.26
Thursday, 30 May 2019 

May 30 (Reuters) - Burlington Stores Inc ::BURLINGTON STORES INC REPORTS FIRST QUARTER 2019 RESULTS AND UPDATES FISCAL 2019 OUTLOOK.Q1 ADJUSTED EARNINGS PER SHARE $1.26.Q1 EARNINGS PER SHARE $1.15.Q1 SALES $1.629 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.61 BILLION.Q1 SAME STORE SALES ROSE 0.1 PERCENT.Q1 EARNINGS PER SHARE ESTIMATE $1.25 -- REFINITIV IBES DATA.SEES Q2 2019 ADJUSTED EARNINGS PER SHARE $1.11 TO $1.15.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $6.93 TO $7.01 EXCLUDING ITEMS.SEES FY 2019 SALES UP 8.5 TO 9.2 PERCENT.SEES Q2 2019 SALES UP 8 TO 9 PERCENT.OUR Q1 SALES RESULTS CAME IN AT LOW END OF OUR EXPECTATIONS.SAW STRENGTH IN CHILDREN'S APPAREL, BABY DEPOT AND HOME BUSINESSES IN QUARTER.SEES Q2 COMPARABLE STORE SALES TO INCREASE 1% TO 2%.MERCHANDISE INVENTORIES WERE $896 MILLION AT QUARTER-END VERSUS. $787 MILLION LAST YEAR.SEES FULL YEAR COMPARABLE STORE SALES INCREASE OF 1.3% TO 2.1%.WILL APPROXIMATELY $4 MILLION IN MANAGEMENT TRANSITION COSTS IN FISCAL 2019.INCREMENTAL EXPENSE, ABOUT $0.05 PER SHARE, WILL NEGATIVELY IMPACT EARNINGS IN SECOND HALF OF FISCAL 2019.Q2 EARNINGS PER SHARE VIEW $1.13, REVENUE VIEW $1.62 BILLION -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $7.02, REVENUE VIEW $7.26 BILLION -- REFINITIV IBES DATA.  Full Article

Burlington Stores Q4 Adjusted Earnings Per Share $2.83
Thursday, 7 Mar 2019 

March 7 (Reuters) - Burlington Stores Inc ::BURLINGTON STORES INC REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS; INTRODUCES FISCAL YEAR 2019 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $2.83.Q4 EARNINGS PER SHARE $2.70.Q4 SALES $1.991 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.04 BILLION.Q4 SAME STORE SALES ROSE 1.3 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $2.77 -- REFINITIV IBES DATA.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $6.93 TO $7.06.SEES Q1 2019 ADJUSTED EARNINGS PER SHARE $1.21 TO $1.31.SEES FY 2019 SALES UP 9 TO 10 PERCENT.AT QUARTER-END, MERCHANDISE INVENTORIES WERE $954 MILLION VERSUS. $753 MILLION LAST YEAR.COMPARABLE STORE INVENTORY TURNOVER IMPROVED 2.5% FOR Q4 OF FISCAL 2018."WE ARE DISAPPOINTED WITH HOW YEAR ENDED FROM A SALES PERSPECTIVE".SEES Q1 FISCAL 2019 TOTAL SALES TO INCREASE IN RANGE OF 7 PERCENT TO 9 PERCENT.SEES Q1 FISCAL 2019 COMPARABLE STORE SALES TO INCREASE IN RANGE OF 0 PERCENT TO 2 PERCENT.BURLINGTON STORES - TO OPEN 50 NET NEW STORES, AND INVEST CAPITAL EXPENDITURES, NET OF LANDLORD ALLOWANCES, OF APPROXIMATELY $310 MILLION IN FISCAL 2019.FY EARNINGS PER SHARE VIEW $7.06 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $1.35 -- REFINITIV IBES DATA.  Full Article

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 earnings per share $0.66
Thursday, 24 Aug 2017 

Aug 24 (Reuters) - Burlington Stores Inc :Burlington Stores Inc reports second quarter 2017 results above guidance.Sees Q3 2017 adjusted earnings per share $0.58 to $0.61.Sees FY 2017 adjusted earnings per share $4.11 to $4.18.Q2 earnings per share $0.66.Sees FY 2017 sales up 8.4 to 8.9 percent.Sees Q3 2017 sales up 6.7 to 7.7 percent.Q2 sales $1.363 billion versus I/B/E/S view $1.35 billion.Q2 adjusted earnings per share $0.72.Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.59, revenue view $1.45 billion -- Thomson Reuters I/B/E/S.For FY17, comparable store sales to increase in range of 2% to 3% on top of a 3.7% increase during q3 of fiscal 2016.Qtrly merchandise inventories were $727 million versus $745 million last year.FY2017 earnings per share view $3.16, revenue view $5.54 billion -- Thomson Reuters I/B/E/S.For FY 2017 co expects to open 37 net new stores, and invest net capital expenditures of approximately $210-215 million.  Full Article