Burlington Stores (BURL) Tops Q1 EPS by 9c; Boosts FY16 EPS Outlook
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Burlington Stores, Inc. Announces First Quarter 2016 Results, Exceeding Guidance; Raises Fiscal Year 2016 Outlook
May 26, 2016 6:45 AM EDTOn a GAAP basis, net sales rose 8.4%, net income increased 46% and diluted net income per share rose 53% On a Non-GAAP basis, Comparable store sales increased 4.3% Adjusted Net Income per Share rose 39% to $0.57 Adjusted EBITDA increased 19% to $121 million Comparable store inventory decreased 9% and turnover improved 7%
BURLINGTON, N.J.--(BUSINESS WIRE)-- Burlington Stores, Inc. (NYSE: BURL),... More
