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BURLINGTON, N.J. (AP) — BURLINGTON, N.J. (AP) — Burlington Stores Inc. (BURL) on Thursday reported fiscal fourth-quarter earnings of $227.5 million.
The Burlington, New Jersey-based company said it had profit of $3.53 per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to $3.66 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.28 per share.
The discount retailer posted revenue of $3.13 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $3.04 billion.
For the year, the company reported profit of $339.6 million, or $5.23 per share. Revenue was reported as $9.73 billion.
For the current quarter ending in April, Burlington Stores expects its per-share earnings to range from 95 cents to $1.10.
The company expects full-year earnings in the range of $7 to $7.60 per share.
Burlington Stores shares have risen roughly 6% since the beginning of the year. The stock has declined almost 6% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BURL at https://www.zacks.com/ap/BURL