Picture of Burlington Stores logo

BURL Burlington Stores News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

Retailer Burlington Stores Q3 sales up, raises EPS guidance

Overview

Burlington Q3 total sales grew 7%, with a 1% rise in comparable store sales

Adjusted EPS for Q3 rose 16% to $1.80

Company raises full-year adjusted EPS guidance to $9.69-$9.89

Outlook

Burlington raises full-year adjusted EPS guidance to $9.69-$9.89

Company expects Q4 total sales to rise 7%-9%

Burlington maintains Q4 comparable store sales guidance at 0%-2%

Result Drivers

WEATHER IMPACT - Traffic to stores decreased after back-to-school period due to warm temperatures, but improved with cooler weather

MARGIN IMPROVEMENT - Adjusted EBIT margin increased by 60 basis points, aided by cost management and tariff mitigation

EARNINGS GUIDANCE RAISED - Full-year adjusted EPS guidance increased due to favorable margin and expense trends

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Total sales$2.71 bln
Q3 Adjusted EPS$1.80
Q3 EPS$1.63
Q3 Net Income$104.75 mln
Q3 Adjusted EBIT$167 mln
Q3 comparable store sales Growth1.00%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the apparel & accessories retailers peer group is "buy" Wall Street's median 12-month price target for Burlington Stores Inc is $345.50, about 17.7% above its November 24 closing price of $284.47 The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 27 three months ago Press Release: ID:nGNX4hY1xh For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Burlington Stores

See all news