Burlington Stores up after Q4 sales, profit beat

Burlington Stores

07/03/2024 12:35

** Shares of discount retailer Burlington Stores  BURL.N  up
 2.5% at $211.02 in premarket trade
    ** Co's Q4 revenue of $3.13 billion tops the LSEG estimate
of $3.07 billion on robust demand for its off-price apparel and
paraphernalia 
    ** Co's Q4 adjusted EPS of $3.69/shr also tops estimates of
$3.30/shr, helped by strong margin growth in the quarter
    ** In 2023, stock fell about 4%

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))