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Benzinga
Benzinga
Business
Akanksha Bakshi

Burlington Stores Faces Warm-Weather Setback, Q3 Revenue Miss Raises Stakes For Holiday Season

Burlington BURL Burlington Stores Michael OSullivan

Burlington Stores (NYSE:BURL) shares are trading lower after the company reported mixed third-quarter financial results.

Quarterly revenue grew 11% year-over-year to $2.53 billion, missing the consensus of $2.55 billion. Comparable store sales increased by 1%. Adjusted EPS rose 41% YoY to $1.55, beating the consensus of $1.54.

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