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Actionable news in BURL: BURLINGTON STORES Inc,

Warm winter hits Burlington Stores holiday results

Burlington Stores Inc. said Monday that it expected sales and earnings for its fiscal final quarter and annual results to be at the low end of previously issued guidance as headwinds impeded the sale of cold-weather products, pressuring results.

For the quarter ending Jan. 30, the company--known for the sale of coats and outerwear--said it expected net sales to climb about 3.7%, compared to previous guidance of a rise between 3.7% and 4.7%.

Burlington said it expected sales at stores existing more than a year to be flat as opposed to an earlier forecast for such sales to grow as...


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