Burlington Stores delivers upbeat annual profit guidance as Q2 print tops estimates
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Burlington Stores, Inc. Reports Second Quarter 2024 Earnings
August 29, 2024 6:45 AM EDTTotal sales growth of 13%; comparable store sales growth of 5%
Net income was $74 million, and diluted EPS was $1.15 Excluding certain expenses associated with acquired BBBY leases: Adjusted EBIT margin increased 160 basis pointsAdjusted EPS increased 98% to $1.24Adjusted EPS guidance for FY24 raised to $7.66-$7.96
BURLINGTON, N.J., Aug. 29,... More

