Burlington stores inc reports q2 loss per share of $0.71

Burlington stores, inc. reports second quarter 2020 earnings.q2 adjusted non-gaap loss per share $0.56.q2 loss per share $0.71.q2 sales $1.01 billion versus refinitiv ibes estimate of $1.11 billion.q2 earnings per share estimate $-1.04 -- refinitiv ibes data.inventory decreased 26% at end of q2.unrestricted cash and total liquidity were about $1.1 billion and $1.2 billion, respectively, at end of q2.company's sales and earnings guidance for fiscal 2020 remains suspended at this time.burlington stores says expect our trend to strengthen as we continue to replenish our store inventory levels but we see a lot of risk in q3.
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