Burlington Stores (NYSE:BURL) Updates Q3 2026 Earnings Guidance

Burlington Stores (NYSE:BURL) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.600-1.700 for the period, compared to the consensus EPS estimate of 2.040. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion. Burlington Stores also updated its FY 2026 guidance to 11.770-11.970 EPS.

Burlington Stores Price Performance

Burlington Stores stock opened at $313.98 on Thursday. The company has a market cap of $19.76 billion, a P/E ratio of 32.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.44. Burlington Stores has a one year low of $240.49 and a one year high of $378.33. The business has a fifty day moving average of $341.21 and a two-hundred day moving average of $325.36. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16.

Burlington Stores (NYSE:BURL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. As a group, analysts predict that Burlington Stores will post 12.21 earnings per share for the current fiscal year.

Analyst Ratings Changes

BURL has been the subject of a number of research reports. Barclays lifted their price target on shares of Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Truist Financial upped their price target on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company dropped their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. JPMorgan Chase & Co. cut their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and an average target price of $371.50.

Insider Buying and Selling at Burlington Stores

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $337.22, for a total transaction of $790,106.46. Following the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at $469,073.02. This represents a 62.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 value of $1,196,833.33. Following the sale, the insider owned 6,523 shares in the company, valued at $2,069,160.83. This trade represents a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,392 shares of company stock worth $10,280,271. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Burlington Stores

A number of large investors have recently bought and sold shares of BURL. Compound Planning Inc. boosted its holdings in shares of Burlington Stores by 10.2% in the 4th quarter. Compound Planning Inc. now owns 1,688 shares of the company’s stock valued at $488,000 after purchasing an additional 156 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Burlington Stores by 9.1% during the 4th quarter. Corient Private Wealth LLC now owns 1,427 shares of the company’s stock worth $412,000 after buying an additional 119 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Burlington Stores by 207.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,228 shares of the company’s stock worth $1,221,000 after buying an additional 2,851 shares during the period. Mackenzie Financial Corp boosted its holdings in Burlington Stores by 55.2% in the fourth quarter. Mackenzie Financial Corp now owns 9,072 shares of the company’s stock valued at $2,608,000 after acquiring an additional 3,225 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in Burlington Stores by 2,356.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,007 shares of the company’s stock valued at $291,000 after acquiring an additional 966 shares during the period.

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.