Burlington reports Q3 earnings; initiates Q4 and raises FY24 EPS outlook

seekingalpha
26 Nov 2024
  • Burlington press release (NYSE:BURL): Q3 Non-GAAP EPS of $1.55 in-line.
  • Revenue of $2.53B (+11.0% Y/Y) misses by $30M.
  • Comparable store sales growth of 1% on top of 6% last year.
  • The Adjusted Effective Tax Rate was 23.5% vs. 25.0% in the third quarter

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