Burlington Stores (NYSE:BURL) Announces Earnings Results

Burlington Stores (NYSE:BURL) issued its earnings results on Thursday. The company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77, FiscalAI reports. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $3.03 billion. Burlington Stores updated its Q3 2026 guidance to 1.600-1.700 EPS and its FY 2026 guidance to 11.770-11.970 EPS.

Burlington Stores Stock Performance

Shares of NYSE:BURL opened at $313.98 on Thursday. Burlington Stores has a 12 month low of $240.49 and a 12 month high of $378.33. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The company has a 50-day moving average price of $341.21 and a 200-day moving average price of $325.36. The company has a market cap of $19.76 billion, a price-to-earnings ratio of 32.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.44.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Bank of America boosted their price target on shares of Burlington Stores from $367.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, May 29th. UBS Group raised their target price on Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Morgan Stanley restated an “overweight” rating on shares of Burlington Stores in a research note on Thursday, August 6th. Finally, Truist Financial raised their price objective on shares of Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Thirteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $371.50.

Burlington Stores News Roundup

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

• Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, beating the $2.19 consensus estimate by $0.77. Revenue reached approximately $3.0 billion, while total sales increased 11% and comparable-store sales rose 2%. Burlington Stores quarterly earnings release
• Positive Sentiment: The company highlighted its 15th consecutive quarter of double-digit EPS growth. Excluding tariff refunds, adjusted EPS grew 38% year over year, supported by a 100-basis-point expansion in operating margin. Burlington Stores reports second-quarter results
• Positive Sentiment: Burlington raised its fiscal 2026 EPS outlook to $11.77-$11.97, above the $11.23 analyst consensus. Its revenue forecast of $12.7-$12.8 billion is broadly in line with expectations.
• Neutral Sentiment: The retailer plans to use tariff refunds to reduce prices for customers. While this could support traffic and sales, the lower prices may limit the near-term benefit to profit margins. Burlington Stores plans to use tariff refunds to lower prices
• Negative Sentiment: Third-quarter EPS guidance of $1.60-$1.70 is materially below the $2.04 consensus estimate. Although quarterly revenue guidance of approximately $3.0 billion matches expectations, the earnings shortfall may outweigh the strong second-quarter results and above-consensus full-year outlook.

Insider Activity at Burlington Stores

In other Burlington Stores news, insider Matthew Pasch sold 3,773 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the completion of the sale, the chief marketing officer owned 81,017 shares in the company, valued at approximately $27,669,736.01. This trade represents a 20.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 30,392 shares of company stock worth $10,280,271 over the last 90 days. 1.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors have recently modified their holdings of the business. JPL Wealth Management LLC bought a new stake in Burlington Stores during the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. raised its stake in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after purchasing an additional 113 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Burlington Stores by 39.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 164 shares of the company’s stock worth $47,000 after buying an additional 46 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in shares of Burlington Stores by 43.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 218 shares of the company’s stock valued at $63,000 after purchasing an additional 66 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares in the last quarter.

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.