Sterne Agee CRT Cuts Price Target Following Burlington Stores (BURL) Q1 Results

Sterne Agee CRT Remains Bullish on Burlington Stores (BURL) Following Yesterday's Sell-Off

Sterne Agee CRT maintains a Buy rating and $58.00 price target on Burlington Stores (NYSE: BURL) following yesterday's sell-off. Analyst Ike Boruchow believes that management articulated that the Q1 results were a result of one-time issues, and views yesterday's pullback as a compelling buying opportunity.... More

Pre-Open Stock Movers 06/09: (SAGE) (LULU) (PLAY) Higher; (ZQK) (FCEL) (UNFI) (BURL) Lower (more...)

Quicksilver (NYSE: ZQK) 21% LOWER; reported Q2 EPS of ($0.22), $0.08 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $333 million versus the consensus estimate of $341.24 million. Based on managements current assessment of the business, the Company is rescinding its previously stated financial guidance for the fiscal year 2015. The Company may choose to reinstate the policy of... More

Burlington Stores (BURL) Reports In-Line Q1 EPS; Guides FY15 EPS Below Consensus

Burlington Stores (NYSE: BURL) reported Q1 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.22 billion.

Comparable store sales increased 0.8% which follows a comparable store sales increase of 2.7% in the first quarter... More

Burlington Stores (BURL) Approves $200M Buyback Plan

Burlington Stores (NYSE: BURL) announced that its Board of Directors has authorized the Company to repurchase up to $200 million of its common stock. The repurchase program will be funded using the Companys available cash and is expected to be executed over the next 24... More

Trading Radar for 6/9: lululemon (LULU), Christopher & Banks (CBK), Hovnanian (HOV), Pep Boys (PBY) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

Alliance One International, Inc. (NYSE: AOI) - no Street consensus
Burlington Stores (NYSE: BURL) - consensus EPS $0.41
Cantel Medical (NYSE:... More

Cowen Remains Bullish Ahead of Burlington Stores (BURL) Q1 Report

Cowen reiterates an Outperform rating and $67.00 price target on Burlington Stores (NYSE: BURL) leading up to its Q1 earnings release. With off-price sector tailwinds with both TJX and ROST, analyst John Kernan believes that the there is upside potential for BURL as well. BURL is scheduled to release its Q1 report on June 9th.

Kernan commented, "BURL shares... More