Reuters logo
BRIEF-Burlington Stores sees Q3 2018 adjusted earnings per share $0.64 to $0.66
October 30, 2017 / 9:18 PM / in 22 days

BRIEF-Burlington Stores sees Q3 2018 adjusted earnings per share $0.64 to $0.66

Oct 30 (Reuters) - Burlington Stores Inc

* Burlington Stores Inc announces launch of debt repricing and extension transaction and updates guidance for the third quarter ended October 28, 2017

* Sees Q3 2018 adjusted earnings per share $0.64 to $0.66

* Burlington Stores Inc - for 13 weeks ended October 28, 2017 company now expects total sales to increase approximately 7.1 pct​

* Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects comparable store sales to increase approximately 3.1 pct​

* Burlington Stores Inc - ‍for 13 weeks ended October 28, 2017 company now expects adjusted EPS in range of $0.64 to $0.66​

* Burlington Stores Inc - ‍launch of a debt repricing and extension transaction​

* Burlington Stores Inc - ‍is seeking commitments from lenders under a new senior secured credit facility for an aggregate principal amount of $1,117 million​

* Burlington Stores Inc - co ‍expects new senior credit facility to comprise a single tranche of loans maturing in 2024​

* Burlington Stores Inc - ‍net proceeds of new senior credit facility will be used to repay all indebtedness outstanding under existing term loan b facility​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below