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Burlington Stores lowers FY23 adj EPS view to $5.37-$5.67 from $5.50-$6.00

Consensus for FY23 EPS is $5.89. Lowers FY23 revenue view to up 3%-4% from up 12%-14%, consensus $9.73B. This assumes comparable store sales will increase in the range of 3% to 4%, on top of the 13% decrease during Fiscal 2022.

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