India, March 6 -- Department store retailer Burlington Stores, Inc. (BURL), while reporting higher fourth-quarter results above market estimates, on Thursday issued outlook for first quarter and fiscal 2025.
In pre-market activity on the NYSE, Burlington Stores shares were gaining around 13.5 percent to trade at $269.
For the first quarter, the company expects adjusted earnings per share in the range of $1.30 to $1.45, as compared to $1.42 last year.
Total sales is expected to increase in the range of 5 percent to 7 percent, assuming comparable store sales to be flattish versus the same period last year.
The Wall Street analysts on average expect the company to report earnings of $1.69 per share on sales growth of 10.27 percent. Analyst...