Burlington Stores delivered a solid third quarter with 7% sales growth and significant margin expansion despite weather-related traffic challenges, leading to an optimistic adjustment of full-year earnings guidance.

• Total sales grew by 7% compared to a strong 11% growth in the previous year, aided by a strong back-to-school performance.
• Comp store sales increased by 1%, impacted by warmer weather before showing positive momentum in mid-October.
• Adjusted full-year EBIT margin guidance upgraded to an expansion of 60 to 70 basis points, reflecting effective expense management and strong margins despite tariff pressures.
• Planning for 110 net new store openings in 2026, indicating confidence in new store performance and growth potential.
• Long-term operating income target remains on track, projecting growth towards approximately $1.6 billion by 2028.