iHub News
3月前
Burlington shares surge after Q4 beat and upbeat FY2026 forecastMarch 5, 2026 10:49 AM
IH Market News
Burlington Stores Inc. (NYSE:BURL) rose sharply in premarket trading on Thursday after the discount retailer reported fourth-quarter results ahead of expectations and issued a robust outlook for fiscal 2026.The company posted adjusted earnings per share of $4.99 for the quarter, exceeding the analyst consensus of $4.75. Total sales climbed 11% year over year to $3.64 billion, beating estimates of $3.59 billion. Comparable store sales rose 4% compared with the fourth quarter of fiscal 2024.The stock gained more than 6% by 07:03 ET.Adjusted EBITDA increased to $562 million in the quarter from $456 million a year earlier, excluding $8 million and $5 million in expenses respectively tied to bankruptcy-acquired leases. Adjusted EBITDA margin expanded by 150 basis points year over year.Adjusted EBIT reached $442 million, up from $364 million in the same quarter last year, also excluding the lease-related expenses.For the full fiscal year 2025, Burlington said total sales rose 9%, while comparable store sales increased 2%.“This was a very strong performance in our largest quarter of the year,” said Michael O’Sullivan, CEO of Burlington Stores.“We are feeling bullish about our prospects in Fiscal 2026. There are external and internal factors that are driving this optimism,” he added.For the first quarter of fiscal 2026, Burlington expects adjusted earnings per share between $1.60 and $1.75, slightly below the consensus estimate of $1.79. The company forecasts total sales growth of 9% to 11%, with comparable store sales projected to rise 2% to 4% year over year.Adjusted EBIT margin is expected to decline by 60 to 100 basis points.For the full fiscal 2026 year, Burlington projects adjusted EPS of $10.95 to $11.45, well above the analyst consensus of $9.77.The retailer also expects total sales growth of 8% to 10%, assuming comparable store sales increase between 1% and 3% after a 2% gain in fiscal 2025.Adjusted EBIT margin is forecast to expand by 0 to 20 basis points.Capital expenditures, net of landlord allowances, are expected to reach about $875 million. Burlington also plans to open 110 net new stores and launch a new distribution center in Savannah.Burlington Stores stock price
Original: Burlington shares surge after Q4 beat and upbeat FY2026 forecast
whytestocks
7年前
News: $BURL Burlington Stores, Inc. Reports Second Quarter 2019 Results Above Guidance and Increases Full Year 2019 Sales and Adjusted EPS Outlook
On a GAAP basis, total sales rose 10.5%, net income increased 19%, EPS increased 22% to $1.26, and total inventory decreased 2% On a Non-GAAP basis, - Comparable store sales increased 3.8%, on top of last year’s 2.9% increase - Adjusted EPS rose 19% to $1.36, above g...
Read the whole news Burlington Stores, Inc. Reports Second Quarter 2019 Results Above Guidance and Increases Full Year 2019 Sales and Adjusted EPS Outlook
whytestocks
7年前
News: $BURL Burlington Stores, Inc. Reports First Quarter 2019 Results and Updates Fiscal 2019 Outlook
On a GAAP basis, total sales rose 7.3%, net income decreased 5.8%, and EPS decreased 4.2% to $1.15 On a Non-GAAP basis, -- Comparable store sales increased 0.1% -- Adjusted EPS was $1.26, above recently updated guidance Updating FY19 Adjusted EPS outloo...
Read the whole news https://marketwirenews.com/news-releases/burlington-stores-inc-reports-first-quarter-2019-results-and-xa0-updates-fiscal-2019-outlook-8268260.html