Burlington Stores (NYSE:BURL) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Burlington Stores (NYSE:BURL) released its quarterly earnings results on Thursday. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21, FiscalAI reports. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the prior year, the business posted $1.60 earnings per share. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. 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 Trading Up 7.8%

NYSE:BURL opened at $323.88 on Friday. The company has a quick ratio of 0.65, a current ratio of 1.16 and a debt-to-equity ratio of 1.03. Burlington Stores has a 1-year low of $218.52 and a 1-year high of $351.85. The firm has a market capitalization of $20.35 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 1.79 and a beta of 1.48. The stock has a fifty day simple moving average of $320.30 and a 200 day simple moving average of $301.40.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BURL shares. Truist Financial raised their target price on Burlington Stores from $305.00 to $310.00 and gave the company a “hold” rating in a research note on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a research note on Friday. Barclays raised their target price on Burlington Stores from $365.00 to $411.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup raised their target price on Burlington Stores from $351.00 to $380.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a research note on Saturday. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores News Summary

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

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Insider Buying and Selling at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total value of $1,232,012.25. Following the completion of the transaction, the chief operating officer owned 26,350 shares in the company, valued at $8,636,212.50. This trade represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Burlington Stores

A number of hedge funds and other institutional investors have recently modified their holdings of BURL. JPL Wealth Management LLC acquired a new position in shares of Burlington Stores in the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. boosted its position in Burlington Stores by 235.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after acquiring an additional 113 shares during the period. Parkside Financial Bank & Trust boosted its position in Burlington Stores by 39.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 164 shares of the company’s stock worth $47,000 after acquiring an additional 46 shares during the period. Wilmington Savings Fund Society FSB boosted its position in Burlington Stores by 43.4% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 218 shares of the company’s stock worth $63,000 after acquiring an additional 66 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 worth $72,000 after acquiring an additional 38 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.