By  on March 8, 2018

Off-price retailer Burlington Stores Inc. bested Wall Street’s estimates for its fourth-quarter, both in earnings per share and revenues.

For the three months ended Feb. 2, net income rose 91.7 percent to $240.7 million, or $3.47 a diluted share, from $125.6 million, or $1.77, a year ago. On an adjusted basis, excluding the impact of 2017 Tax Reform, EPS was $2.17 for the period. Total revenues rose 14.9 percent to $1.94 billion from $1.69 billion. Comparable store sales rose 5.9 percent.

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