Edition:
United Kingdom

Burlington Stores Inc. Q2 Adjusted Earnings Per Share $1.09


Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Burlington Stores Inc ::BURLINGTON STORES, INC. REPORTS SECOND QUARTER 2018 ADJUSTED EPS RESULTS ABOVE GUIDANCE AND INCREASES FULL YEAR 2018 SALES AND ADJUSTED EPS OUTLOOK.Q2 ADJUSTED EARNINGS PER SHARE $1.09 EXCLUDING ITEMS.Q2 SALES $1.499 BILLION VERSUS I/B/E/S VIEW $1.5 BILLION.Q2 SAME STORE SALES ROSE 2.9 PERCENT.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $1.00 TO $1.04.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $6.13 TO $6.20.Q2 EARNINGS PER SHARE $1.03.SEES Q3 2018 SALES UP 11 TO 12 PERCENT.Q2 EARNINGS PER SHARE VIEW $0.96 -- THOMSON REUTERS I/B/E/S.SEES 2018 TOTAL SALES TO INCREASE IN RANGE OF 10.1% TO 10.6%, EXCLUDING 53RD WEEK IMPACT IN 2017.SEES COMPARABLE STORE SALES TO INCREASE IN RANGE OF 2% TO 3% FOR BALANCE OF FISCAL 2018.TO OPEN 43 NET NEW STORES IN FISCAL 2018.QTRLY COMPARABLE STORE SALES INCREASED 2.9% ON A SHIFTED BASIS.INCREASING OUTLOOK FOR FY18 ADJUSTED EPS TO $6.13 - $6.20, UP FROM $5.90-$6.00.FY EARNINGS PER SHARE VIEW $6.04, REVENUE VIEW $6.63 BILLION -- THOMSON REUTERS I/B/E/S.