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Tough Fourth Quarter at Burlington Stores, as Net Income Dives 23.7 Percent

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Increased inventories caused in part by tariff threats contributed to a decline in net income in the fourth quarter at Burlington Stores. In a Nutshell: Off-price chain Burlington Stores Inc. experienced its “most difficult” quarter in the final three months of fiscal 2018, but was able to pull off an adjusted comparable-store sale gains, even…

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