Burlington Stores (NYSE:BURL) Announces Quarterly Earnings Results

Burlington Stores (NYSE:BURL) posted its quarterly earnings results on Thursday. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.24, FiscalAI reports. Burlington Stores had a net margin of 5.28% and a return on equity of 41.37%. The firm had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the previous year, the firm posted $1.60 earnings per share. The company’s revenue was up 14.1% on a year-over-year basis. Burlington Stores updated its Q2 2026 guidance to 2.050-2.200 EPS and its FY 2026 guidance to 11.450-11.800 EPS.

Here are the key takeaways from Burlington Stores’ conference call:

• Burlington posted a strong Q1 with 14% total sales growth, 6% comparable sales growth, and 26% EPS growth, marking its 14th consecutive quarter of double-digit earnings growth.
• Margins outperformed expectations, with operating margin expanding 20 basis points versus guidance for a decline, helped by stronger merchant margin, supply chain productivity, and disciplined markdown execution.
• The company raised full-year guidance, now expecting 2%-4% comp growth, 9%-11% total sales growth, and 13%-16% EPS growth, while passing through the entire first-quarter upside.
• Burlington is accelerating its store expansion and productivity strategy, now planning 115 net new stores in fiscal 2026, plus relocations and downsizes that are lifting sales per square foot and lowering occupancy costs.
• Management said the consumer remains resilient, but it is watching higher gas prices and inflation closely; tariff refunds have been filed for but were not included in guidance due to uncertainty.

Burlington Stores Stock Performance

Shares of Burlington Stores stock traded up $20.16 on Friday, reaching $320.68. 1,219,772 shares of the stock were exchanged, compared to its average volume of 816,699. The company has a quick ratio of 0.65, a current ratio of 1.23 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $20.15 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 1.97 and a beta of 1.48. The business has a 50 day moving average price of $319.83 and a two-hundred day moving average price of $301.24. Burlington Stores has a twelve month low of $218.52 and a twelve month high of $351.85.

Key Burlington Stores News

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington posted first-quarter EPS of $2.01, topping estimates of $1.77, while revenue of $2.86 billion also beat expectations and rose 14.1% year over year. The company said this was its 14th straight quarter of double-digit EPS growth.
• Positive Sentiment: The company raised its full-year outlook, now guiding FY2026 EPS to $11.45-$11.80 and Q2 EPS to $2.05-$2.20, both above consensus. Management also said it plans about 115 net new stores in 2026, signaling continued expansion.
• Positive Sentiment: Bank of America raised its price target on BURL to $375 from $367 and reiterated a Buy rating, suggesting additional upside from current levels.
• Neutral Sentiment: JPMorgan and Wells Fargo both trimmed their price targets, but kept bullish ratings, indicating they still view Burlington Stores as fundamentally attractive despite slightly lower valuation assumptions.
• Neutral Sentiment: There was also notable put-option activity in the stock, which may reflect hedging or some short-term caution after the earnings move.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares of the company’s stock, valued at $8,636,212.50. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Burlington Stores

A number of large investors have recently modified their holdings of BURL. Smartleaf Asset Management LLC increased its stake in shares of Burlington Stores by 21.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 339 shares of the company’s stock worth $98,000 after acquiring an additional 59 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new stake in shares of Burlington Stores in the 4th quarter worth $108,000. Meeder Asset Management Inc. increased its stake in shares of Burlington Stores by 939.5% in the 4th quarter. Meeder Asset Management Inc. now owns 447 shares of the company’s stock worth $129,000 after acquiring an additional 404 shares during the last quarter. Quarry LP acquired a new stake in shares of Burlington Stores in the 3rd quarter worth $139,000. Finally, Osaic Holdings Inc. increased its stake in shares of Burlington Stores by 61.8% in the 2nd quarter. Osaic Holdings Inc. now owns 877 shares of the company’s stock worth $204,000 after acquiring an additional 335 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently issued reports on BURL. Wall Street Zen downgraded shares of Burlington Stores from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Citigroup raised their price objective on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Evercore reaffirmed an “outperform” rating and set a $375.00 price objective on shares of Burlington Stores in a research report on Thursday, March 5th. UBS Group reaffirmed a “buy” rating and set a $435.00 price objective on shares of Burlington Stores in a research report on Friday. Finally, Wells Fargo & Company dropped their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Friday. Sixteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $351.00.

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.