By  on November 21, 2017

Third-quarter financial results from Chico’s FAS Inc., Signet Jewelers and Burlington Coat Factory underscored the continuing theme that off-price is one of the few safe bets left for retail investors.

Total sales at Burlington during the quarter rose 7.1 percent to $1.44 billion, driven by new stores, while net income increased by 38 percent to $45 million. Comparable-store sales increased by 3.1 percent, but the results beat the retailer’s internal guidance, leading to a bump to its full-year earnings per share guidance to a high of $4.27 from $4.18.

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