Burlington Stores, Inc. Reports Third Quarter 2019 Earnings Above Guidance and Increases Full Year 2019 Adjusted EPS Outlook

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Burlington Stores (BURL) PT Raised to $244 at RBC Capital

November 26, 2019 1:04 PM EST

RBC Capital analyst Kate Fitzsimons raised the price target on Burlington Stores (NYSE: BURL) to $244.00 (from $230.00) while maintaining a Outperform rating.

The analyst commented, "Post the print, we remain bullish on BURL's off-price evolution under new CEO O'Sullivan. While the initial earnings... More

Burlington Stores (BURL) PT Raised to $250 at Wells Fargo

November 26, 2019 12:42 PM EST

Wells Fargo analyst Ike Boruchow raised the price target on Burlington Stores (NYSE: BURL) to $250.00 (from $220.00) while maintaining a Outperform rating following solid results and guidance.

The analyst commented, "Longer-term confidence aside, the business appears very well positioned heading into holiday, and we... More

Burlington Stores (BURL) PT Raised to $240 at Loop Capital

November 26, 2019 10:16 AM EST

Loop Capital analyst Laura Champine raised the price target on Burlington Stores (NYSE: BURL) to $240.00 (from $215.00) while maintaining a Buy rating following results.

momentum continues... More

Burlington Stores (BURL) Tops Q3 EPS by 15c, Updates FY Guidance

November 26, 2019 6:47 AM EST

Burlington Stores (NYSE: BURL) reported Q3 EPS of $1.55, $0.15 better than the analyst estimate of $1.40. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.78 billion.

Comparable store sales increased 2.7%, on top of last years 4.4% increase

GUIDANCE:

Burlington Stores sees FY2019 EPS of $7.28-$7.33, versus the consensus of $7.22.

For Fiscal 2019 (the 52-weeks ending February 1, 2020), the Company now... More