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0 0 0.0479344356029923 -0.00891027779101351 0.00204888740648976 0.0149139943774717 0.0292085576785629 0.0292085576785629
Stock impact report

Burlington Stores, Inc. Reports Fourth Quarter and Full Year 2023 Results

Burlington Stores, Inc. (BURL) 
Last burlington stores, inc. earnings: 3/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: burlingtoninvestors.com
Company Research Source: GlobeNewswire
On a GAAP 14-week basis, total sales increased 14%, net income was $227 million, and diluted EPS was $3.53On a non-GAAP 13-week basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases (as applicable): Comparable store sales increased 2%, ahead of guidance for -2% to 0%Adjusted EBIT margin increased 110 basis points, well over guidance for an increase of 0 to 40 basis pointsAdjusted EPS increased 25% to $3.69, well above guidance of $3.10 to $3.25 On a GAAP 53-week basis, total sales increased 12%, net income was $340 million, and diluted EPS was $5.23Introducing outlook for FY24 Adjusted EPS of $7.00-$7.60, an increase of 12% to 22% over FY23 on a 52-week basis; guidance excludes certain expenses associated with the acquisition of Bed Bath & Beyond leases BURLINGTON, N.J., March 07, 2024 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL) (the “Company”), a nationally recognized off-price retailer of high-quality, branded apparel, footwear Show less Read more
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