Burlington Stores Q4 Earnings Call Highlights

Adjusted EPS: $4.99, up 21% year over year and above the high end of guidance.Gross margin rate: 43.7%, up 80 basis points, driven by a 60 basis point increase in merchandise margin and a 20 basis point decrease in freight expenses.Adjusted EBIT margin: 12.1%, up 100 basis points versus last year and 50 basis points above the high end of guidance.On profitability, O’Sullivan said Burlington delivered 100 basis points of operating margin expansion and 21% earnings per share growth in the quarter. CFO Kristin ...