🔴 Burlington Stores is trading 4.52% down today after third-quarter adjusted EPS guidance fell below expectations

Burlington Stores is trading 4.52% down at $253.34 after third-quarter adjusted EPS guidance of $1.60–$1.70 fell below expectations.

• Investors continued reassessing the August 27 earnings report: adjusted EPS beat expectations, but second-quarter revenue missed forecasts by $20 million and comparable-store sales rose only 2%; guidance was below analyst expectations of $2.03.
• The company raised full-year EPS guidance, while investors remain focused on softer near-term profitability and margin contraction. The broader market is also lower, adding pressure.