Burlington Stores, Inc. Earnings Recaps
Q1 2026
May 31, 2026
Shares fell 0.7% as investors appeared to digest broadly in-line quarterly results and cautious near-term comp guidance, despite strong margin performance and robust sales growth in Q1.
Key takeaways
- Q1 total sales grew 14%, driven by comp store sales up 6%, exceeding the company’s guidance of 2% to 4%.
- Operating margin expanded 20 basis points, reversing expectations of a 60-100 basis point decline and supported by higher merchant margin and supply chain productivity.
- EPS increased 26%, marking the company's 14th consecutive quarter of double-digit earnings growth.
- Full-year guidance was raised modestly, with expected comp sales growth of 2% to 4% and EPS growth of 13% to 16%.
- Q2 comp growth is guided lower at 1% to 3%, reflecting a difficult year-over-year comparison against a strong prior quarter.
Q3 2025
Nov 25, 2025
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.
Key takeaways
- 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.
Q2 2025
Aug 28, 2025
Burlington Stores delivered a strong Q2 for FY2025 with a 10% increase in total sales and a significant EPS beat of $1.72, reflecting effective execution of their Burlington 2.0 initiatives.
Key takeaways
- Comp store sales rose 5%, matching last year's growth, highlighting effective inventory management amid external challenges.
- Operating margin expanded by 120 basis points due to improved merchandise margins and operational efficiencies.
- Full-year guidance has been raised, though the company anticipates pressure from increased tariffs in the back half of the year.
- Burlington 2.0 initiatives, particularly Merchandising and Stores 2.0, are proving effective in adapting to market changes and enhancing customer experience.