BURLINGTON, N.J. (AP) _ Burlington Stores Inc. (BURL) on Thursday reported fiscal fourth-quarter earnings of $121.6 million.

On a per-share basis, the Burlington, New Jersey-based company said it had profit of $1.80. Earnings, adjusted to extinguish debt and for non-recurring costs, were $2.53 per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.22 per share.

The discount retailer posted revenue of $2.61 billion in the period, also falling short of Street forecasts. Six analysts surveyed by Zacks expected $2.78 billion.

For the year, the company reported net income of $408.8 million, or $6 per share, swinging to a profit in the period. Revenue was reported as $9.32 billion.

Burlington Stores shares have dropped 20% since the beginning of the year. The stock has dropped roughly 10% in the last 12 months.

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