|Bid||110.44 x 800|
|Ask||110.68 x 3100|
|Day's range||109.57 - 116.36|
|52-week range||109.57 - 304.18|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||46.37|
|Earnings date||21 Nov 2022 - 25 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||176.68|
Burlington Stores (BURL) posts weak top-line results for second-quarter fiscal 2022 due to soft comparable-store sales and lower in-store inventory levels.
Burlington Stores (BURL) delivered earnings and revenue surprises of 52.17% and 2.16%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
All Second Quarter 2022 comparisons are made versus the Second Quarter 2021 On a GAAP basis, total sales decreased 10% on top of a 34% increase in Q2 2021Net income was $12 million, and diluted EPS was $0.18Comparable store sales decreased 17% on top of 19% growth in Q2 2021On a non-GAAP basis, Adjusted EBIT was $43 millionOn a non-GAAP basis, Adjusted EPS was $0.35 versus guidance of $0.18 to $0.31 BURLINGTON, N.J., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a natio