Edition:
United Kingdom

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.