Cowen Raises Price Target on Burlington Stores (BURL) to $65 Following 2Q15 EPS Beat
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Burlington Stores, Inc. Announces Second Quarter and First Half Fiscal 2015 Results
August 27, 2015 7:00 AM EDTFor the Fiscal 2015 Second Quarter versus the Second Quarter of Fiscal 2014: Comparable store sales increased 5.6% and net sales rose 9.6% Adjusted earnings per diluted share was $0.19 vs. an adjusted loss per share of $(0.01) Adjusted EBITDA increased 30%, or $17.3 million Comparable stores - inventory decreased 7% and turnover improved 13% Company Increases Fiscal Year 2015 Outlook
BURLINGTON, N.J.--(BUSINESS WIRE)-- Burlington Stores, Inc. (NYSE:... More
