Business
Burlington Stores, Inc. Reports Fourth Quarter and Full Year 2024 Earnings
Q4 comparable store sales growth of 6%, versus guidance of 0% to 2%Q4 net income was $261 million, and diluted EPS was $4.02 FY24 total sales growth of 11% and comparable store sales growth of 4%FY24 net income was $504 million, and diluted EPS was $7.80Excluding expenses associated with bankruptcy acquired leases: Q4 Adjusted EBIT margin increased 10 basis pointsQ4 Adjusted EPS increased 12% to $4.13, versus guidance of $3.55 to $3.75 FY24 Adjusted EBIT margin of 7.2%, an increase of 100 basis
About this update from Burlington Stores, Inc.
[{"type":"image","alt":"Burlington Coat Factory Warehouse Corporation","displaySize":"","headline":null,"caption":"Burlington Coat Factory Warehouse Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":68,"url":"https://media.zenfs.com/en/globenewswire.com/05c34f9b7a64af6e93f315f5e26b57f8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3HYh2JMxVK63OtfeS3GPTQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTk1O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/05c34f9b7a64af6e93f315f5e26b57f8","width":300,"height":68}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Q4 comparable store sales growth of 6%, versus guidance of 0% to 2%","length":67,"tagName":"p"}]},{"val":[{"type":"text","content":"Q4 net income was $261 million, and diluted EPS was $4.02 ","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"FY24 total sales growth of 11% and comparable store sales growth of 4%","length":70,"tagName":"p"}]},{"val":[{"type":"text","content":"FY24 net income was $504 million, and diluted EPS was $7.80","length":59,"tagName":"p"}]},{"val":[{"type":"text","content":"Excluding expenses associated with bankruptcy acquired leases:","length":62,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q4 Adjusted EBIT margin increased 10 basis points","length":49,"tagName":"p"}]},{"val":[{"type":"text","content":"Q4 Adjusted EPS increased 12% to $4.13, versus guidance of $3.55 to $3.75 ","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"FY24 Adjusted EBIT margin of 7.2%, an increase of 100 basis points versus FY23","length":78,"tagName":"p"}]},{"val":[{"type":"text","content":"FY24 Adjusted EPS of $8.35, an increase of 34% versus FY23 ","length":58,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":258,"olType":false}]}],"tagName":"ul","bulletedList":true,"length":573,"olType":false},{"type":"text","content":"BURLINGTON, N.J., March 06, 2025 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the 13 weeks and 52 weeks ended February 1, 2025. The prior year’s period included the 14 weeks and 53 weeks ended February 3, 2024. For purposes of comparison, all metrics in...