Burlington Stores beats Q2 EPS but Q3 guidance disappoints
Burlington Stores reported Q2 adjusted EPS of $2.37 versus $2.19 expected and revenue of $2.99B versus $3.03B expected, with sales up 11% year-over-year. The company raised full-year EPS guidance to $11.77-$11.97 but issued Q3 EPS guidance of $1.60-$1.70 versus $2.03 expected, disappointing the market.
Detected & updated continuously · Source: Nebula
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@schaeffers
BURLINGTON STORES $BURL EARNINGS ARE OUT! 🟢 EPS: $2.37 | Est. $2.19 🔴 REV: $2.99B | Est. $3.03B IMPLIED MOVE TODAY: ±8.09%!! https://t.co/026ahHc3U3
@blckchaindaily
🚨 BURLINGTON STORES Q2 ADJ EPS $2.37 BEATS $1.72 YOY, SALES UP 11% TO $2.998B; RAISES FY ADJ EPS GUIDANCE TO $11.77-$11.97 - PRESS RELEASE
@schaeffers
JUST IN: Burlington $BURL posts a profit beat + full-year guidance raise, but Q3 guidance disappoints. Q2 EPS: $2.37 vs. $2.19 est. Revenue: $2.99B vs. $3.03B est. Q3 EPS guide: $1.60-$1.70 vs. $2.03 est. FY EPS: $11.77-$11.97 vs. $11.84 est.