Burlington Stores (BURL) reported mixed Q2 results and issued lower Q3 guidance. Sales up 11%, earnings up 38%. Analysts have lowered price targets.

The off-price retailer posted a profit of $184 million in its second quarter and raised its full-year adjusted EPS guidance to $11.77–$11.97

Burlington (BURL) stock fell despite Q2 earnings beating expectations, as revenue missed and Q3 guidance disappointed.