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Benzinga
Benzinga
Business
Akanksha Bakshi

Burlington Stores Raises Annual Outlook As CEO Highlights Strong Margins

Pittsburgh,,Pennsylvania,,Usa,-,October,31,,2021:burlington,Coat,Factory,Strip

Burlington Stores, Inc. (NYSE:BURL) stock surged after it posted second-quarter fiscal 2025 revenue of $2.705 billion, up 10% from a year earlier and above the $2.652 billion consensus estimate. Comparable store sales rose 5%.

Net income was $94 million, or $1.47 per diluted share, versus $74 million, or $1.15 per share, a year ago. Adjusted earnings were $1.72 per share, up from $1.24 last year and ahead of the $1.32 estimate.

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