Flash ReportBurlington (BURL) 1Q16 Results: Off-Price Continues to Outperform; Burlington Raises 2016 Guidance Coresight Research May 26, 2016 Executive Summary Burlington Stores reported 1Q16 adjusted EPS of $0.57 versus the consensus estimate of $0.48. Total sales were $1.28 billion versus consensus of $1.27 billion. Comps were up 4.3% versus analysts’ expectation of 3.2% and guidance of 2.5%–3.5%. FY16 guidance calls for adjusted EPS of $2.68–$2.78 versus prior guidance of $2.62–$2.72 and consensus of $2.72. Total sales are expected to increase by 7.1%–7.6% versus prior guidance of 6.5%–7.5%. Comps are expected to increase by 3.0%–3.5% versus prior guidance of 2.5%–3.5% and consensus of 3%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sentiment; Tariff Perceptions; Inflation Reactions—Taking the Consumer Pulse on Essentials: US Consumer Survey InsightsUnlocking Success: The Pathway to Profitability for US Brands and Retailers4Q24 Earnings Season Wrap-Up: Which Companies Missed, Beat and Fell in Line with Expectations?—InfographicRevving Up the Flywheel: Insights from the Inaugural Amazon Prime Analyst Day
