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Stock impact report

Burlington Stores Inc (BURL) Surpasses Earnings Expectations with Strong Q4 and Full Year 2023 ... [Yahoo! Finance]

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: Yahoo! Finance
Net Income : Reached $227 million in Q4, and $340 million for the full year. Adjusted EPS : Grew by 25% to $3.69 in Q4, outperforming guidance. Comparable Store Sales : Rose by 2% in Q4, surpassing expectations. Gross Margin : Expanded by 190 basis points to 42.6% on a 13-week basis in Q4. Inventory : Year-end merchandise inventories were $1,088 million, with a 5% decrease in comparable store inventories. Outlook for FY24 : Adjusted EPS projected to be between $7.00 and $7.60, marking an increase of 12% to 22% over FY23. Warning! GuruFocus has detected 5 Warning Sign with BURL. Burlington Stores Inc ( NYSE:BURL ) released its 8-K filing on March 7, 2024, detailing a robust performance for both the fourth quarter and the full fiscal year of 2023. The company, a leading off-price retailer, has continued to thrive in a challenging retail environment, delivering results that exceeded their own guidance and analysts' expectations. Burlington Stores, with its 1,007 stores a Show less Read more
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