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These Analysts Revise Their Forecasts On Burlington Stores After Q1 Results

Burlington Stores, Inc. BURL posted better-than-expected earnings for the first quarter on Thursday.The company reported first-quarter adjusted earnings per share of 1.60,beatingtheanalystconsensusestimateof1.60, beating the analyst consensus estimate of 1.41. Quarterly sales of 2.50billionmissedtheStreetviewof2.50 billion missed the Street view of 2.52 billion."We anticipate that tariffs will put significant pressure on our merchandise margin, but we are confident that, as long as tariffs do not increase from current levels, we can offset this pressure elsewhere in the P&L, ...