These Analysts Slash Their Forecasts On Burlington Stores Following Q2 Results
Burlington Stores (BURL) reported mixed Q2 results and issued lower Q3 guidance. Sales up 11%, earnings up 38%. Analysts have lowered price targets.
Burlington sold more stuff and made more money than last year, which sounds good—but the company warned that next quarter might not be as strong, so analysts think the stock might not go as high as they thought before.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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