Burlington Q3 revenue +12% to $2.29B, comps +6%, adj. EPS $0.98, FY23 adj. EPS view $5.52-$5.67

Burlington Stores, Inc.

2023-Q3 EPS reported $1.73 revenue$6,601,109,000

Revenue $2,285M, +12% YoY; comp store sales +6% (guidance 5-7%).
GAAP net income $49M ($0.75 EPS) vs $17M ($0.26 EPS) last year.
Adjusted EPS $0.98, ex-BB&B lease costs $1.10; guidance was $0.86-$1.01.
Q4 adj. EPS guidance $3.04-$3.19 (ex-BB&B $3.10-$3.25); FY23 adj. EPS $5.52-$5.67.
Inventory down 8% to $1.33B; reserve inventory 30% of total.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Burlington Stores, Inc. reported financial results for the third quarter ended October 28, 2023.

Period: the third quarter ended October 28, 2023
Result: reported results

Exact text from the filing

Burlington Stores, Inc. issued a press release announcing its operating results for the third quarter ended October 28, 2023

View on SEC.gov

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Burlington Stores, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-065301

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