Burlington Stores news and archive

Burlington Stores raises full year outlook on strong Q3

For its third quarter to November 3, 2018, Burlington Stores, Inc. reported total sales increase of 13.7 percent to 1,634 million dollars. The company said, new and non-comparable stores contributed an incremental 128 million dollars in sales during the quarter, while comparable store sales increased 4.4 percent, on top of last year’s 3.1...

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Management|INTERACTIVE

Burlington posts Q2 sales rise of 9.9 percent

Burlington Stores, Inc. has reported total sales for the 13 week period ended August 4, 2018 increased 9.9 percent to 1,499 million dollars. Comparable store sales increased 2.9 percent, on top of last year’s 3.5 percent comparable store sales increase. For the six months period total sales increased 11.3 percent, which included a comparable...

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Laura Sen joins Burlington Stores' board of directors

Burlington Stores, Inc. has appointed Laura J. Sen, former non-executive chairman and chief executive officer of BJ’s Wholesale Club, Inc., to its board of directors and its audit committee effective June 29, 2018. The company said that Sen is filling the board seat formerly held by Tricia Patrick, currently a managing director of Advent...

Management

Burlington Stores posts 58 percent rise in Q1 net income

Burlington Stores, Inc. announcing its first quarter results for the thirteen weeks ended May 5, 2018, said that total sales increased 12.8 percent to 1,518 million dollars. New and non-comparable stores contributed an incremental 82 million dollars in sales during the quarter. Accounting for the calendar shift from the 53rdweek in fiscal 2017,...

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Management

Burlington Stores annual net income increases 78 percent

Burlington Stores, Inc. posted total sales on a 14 week basis increased 14.9 percent over the prior year period to 1,937 million dollars, while sales increased 10 percent on a 13 week basis to 1,855 million dollars. On a 53 week GAAP basis, total sales increased 9.3 percent to 6,085 million dollars, net income increased 78 percent to 385 million...

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Management

Burlington Stores posts 38 percent rise in Q3 earnings

Net sales increased 7.1 percent to 1,438 million dollars at Burlington Stores for the third quarter ended October 28, 2017. The company said, this growth was driven by an incremental 60 million dollars from new and non-comparable stores, as well as a 3.1 percent increase in comparable store sales. Net income increased 38 percent to 45 million...

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Burlington Stores beats market estimates with 66 cents EPS in Q2

The U.S. off-price retailer of branded apparel at everyday low prices, today announced comfortably beat market estimates with 66 cents Earnings Per Share (EPS) in the second quarter. The company´s CEO, Tom Kingsbury, stated, “We are extremely pleased to report strong second quarter results, driven by a 3.5 percent comparable store sales...

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Management

Burlington Stores net sales up 9.2 percent in FY16

Burlington Stores net sales for the full year increased 9.2 percent or 467.1 million dollars to 5,566 million dollars, which the company said was driven by a 4.5 percent increase in comparable store sales and 256.9 million dollars in sales from new and non-comparable stores. Fourth quarter increased 9.4 percent or 144.9 million dollars to...

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Burlington Stores raises outlook following strong Q3 results

Burlington Stores’ third quarter net sales increased 9.1 percent or 111.7 million dollars to 1,342.6 million dollars. This growth, the company said, was driven by a 3.7 percent increase in comparable store sales and 69.8 million dollars in sales from new and non-comparable stores. The company’s 3.7 percent comparable store sales increase follows...

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Burlington Stores Q2 net sales jump 9.7 percent, raises outlook

Burlington Stores reported net sales increase of 9.7 percent or 110.8 million dollars, to 1,255.1 million dollars. This increase includes a 5.4 percent increase in comparable store sales, as well as an increase of 51.8 million dollars from new and non-comparable stores. Commenting on the company’s results, Tom Kingsbury, CEO said, “We are very...

Report|REPORT

Burlington Stores lifts outlook on upbeat Q1 results

Net sales at Burlington Stores, for the first quarter ended April 30, 2016 increased 8.4 percent, or 99.6 million dollars to 1,282.7 million dollars. This increase includes the 4.3 percent increase in comparable store sales, as well as an increase of 52.6 million dollars from new and non-comparable stores. “We are very pleased to report first...

Business|REPORT

Burlington Stores Q1 net sales up 4.9 percent

Burlington Stores comparable store sales increased 0.8 percent for the first quarter ended May 2, 2015, following a comparable store sales increase of 2.7 percent in the first quarter of last year. Net sales increased 4.9 percent, or 54.8 million dollars to 1,183.1 million dollars. “We are pleased with our 64 percent increase in adjusted EPS...