Burlington Stores Beats Earnings, Sees Profitable Future

Burlington Stores surpasses Wall Street expectations with Q3 net income of $104.8 million, or $1.63 per share, and adjusted earnings of $1.80 per share. Revenue of $2.71 billion met forecasts. The retailer looks forward to Q4 earnings of $4.50-$4.70 per share and full-year earnings of $9.69-$9.89 per share. Despite positive financials, stock has dipped by 1% over the past year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.