Burlington Stores Inc. (BURL) reported a 5% increase in net sales for Q4 FY23, reaching $2.7 billion.
Comparable store sales saw a 2% increase in the fourth quarter and a 1% increase for the full fiscal year 2023.
Net income for Q4 FY23 significantly rose to $192.7 million, or $3.40 per diluted share, up from $1.92 in the prior year.
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