United Kingdom

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​.