Burlington Stores shares reach a new 52-week high after reporting better-than-expected Q1 fiscal 2024 financial results with 10.5% YoY revenue growth.
Burlington Stores (NYSE:BURL) shares reach a new 52-week high at $240.71 after the company reported better-than-expected Q1 fiscal 2024 financial results. Quarterly revenue grew 10.5% YoY to $2.361bn, beating the consensus of $2.34bn, with adjusted EPS rising to $1.35 from $0.84 YoY. The company's updated FY 2024 earnings guidance aims for 7.350-7.750 EPS, compared to the consensus earnings per share estimate of 7.410.
May 30, 2024
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