Burlington Stores (BURL) 4Q17 Results: Solid Quarter, Company Issues Strong Guidance

Executive Summary

• Burlington Stores reported 4Q17 adjusted EPS of $2.17, up 21.9% year over year and beating the $2.10 consensus estimate. Revenues were $1.94 billion, up 14.9% year over year and beating the $1.88 billion consensus estimate.
• Comparable sales were up 5.9%, beating the 3.1% consensus estimate and guidance of 2%–3%.
• For FY18, the company expects comps of 2%–3% and sales growth of 9%–10%. The company expects full-year adjusted EPS of $5.73–$5.83, compared with consensus of $5.32.