Burlington Stores, Inc. Reports First Quarter 2024 Earnings
Burlington Stores(BURL) Newsfilter·2024-05-30 18:45
On a GAAP basis, total sales increased 11%, net income was 1.22 Comparable store sales increased 2% On a non-GAAP basis, excluding certain expenses associated with the acquisition of Bed Bath & Beyond leases: Adjusted EBIT margin increased 170 basis points, and Adjusted EPS increased 68% to 7.35-$7.75, an increase of 18% to 24% over FY23 on a 52-week basis; guidance excludes certain expenses associated with the acquisition ...