Burlington Stores annual net income increases 78 percent

Burlington Stores, Inc. posted total sales on a 14 week basis increased 14.9 percent over the prior year period to 1,937 million dollars, while sales increased 10 percent on a 13 week basis to 1,855 million dollars. On a 53 week GAAP basis, total sales increased 9.3 percent to 6,085 million dollars, net income increased 78 percent to 385 million dollars and EPS increased 82 percent to 5.48 dollars. On a 52 week basis, total sales increased 7.8 percent to 6,003 million dollars driven by a comparable store sales increase of 3.4 percent and 274 million dollars in new and non-comparable sales.