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BRIEF-Burlington Stores Q2 earnings per share $0.66
August 24, 2017 / 11:05 AM / a month ago

BRIEF-Burlington Stores Q2 earnings per share $0.66

Aug 24 (Reuters) - Burlington Stores Inc

* Burlington Stores Inc reports second quarter 2017 results above guidance

* Sees Q3 2017 adjusted earnings per share $0.58 to $0.61

* Sees FY 2017 adjusted earnings per share $4.11 to $4.18

* Q2 earnings per share $0.66

* Sees FY 2017 sales up 8.4 to 8.9 percent

* Sees Q3 2017 sales up 6.7 to 7.7 percent

* Q2 sales $1.363 billion versus I/B/E/S view $1.35 billion

* Q2 adjusted earnings per share $0.72

* Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S

* Q3 earnings per share view $0.59, revenue view $1.45 billion -- Thomson Reuters I/B/E/S

* For FY17, comparable store sales to increase in range of 2% to 3% on top of a 3.7% increase during q3 of fiscal 2016

* Qtrly merchandise inventories were $727 million versus $745 million last year

* FY2017 earnings per share view $3.16, revenue view $5.54 billion -- Thomson Reuters I/B/E/S

* For FY 2017 co expects to open 37 net new stores, and invest net capital expenditures of approximately $210-215 million Source text for Eikon: Further company coverage:

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