Burlington Stores (NYSE:BURL – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.050-2.200 for the period, compared to the consensus estimate of 1.920. 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 11.450-11.800 EPS.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on BURL. Evercore reaffirmed an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a research report on Thursday, March 5th. Citigroup upped their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Barclays upped their target price on Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research report on Tuesday. Weiss Ratings raised Burlington Stores from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Robert W. Baird upped their target price on Burlington Stores from $345.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Sixteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $357.76.
Read Our Latest Stock Analysis on BURL
Burlington Stores Stock Performance
Burlington Stores (NYSE:BURL – Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.24. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The company’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.67 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, equities research analysts expect that Burlington Stores will post 11.3 EPS for the current year.
Insiders Place Their Bets
In other Burlington Stores news, COO Travis Marquette sold 3,759 shares of the company’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 26,350 shares in the company, valued at $8,636,212.50. This represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is owned by corporate insiders.
Key Burlington Stores News
Here are the key news stories impacting Burlington Stores this week:
- Positive Sentiment: Burlington delivered a strong first quarter, with EPS of $2.01 topping estimates and revenue of $2.86 billion also ahead of forecasts. Burlington Stock Drops Even As Sales, Profit Top Estimates
- Positive Sentiment: The company raised FY 2026 EPS guidance to 11.45-11.80, above the consensus estimate, signaling confidence in continued profit growth. BURLINGTON STORES REPORTS STRONG FIRST QUARTER SALES AND EARNINGS GROWTH
- Positive Sentiment: BURL also lifted Q2 2026 EPS guidance to 2.05-2.20, above Wall Street expectations, which supports the case for continued operating momentum. Conference Call / Earnings Report
- Neutral Sentiment: Management’s guidance for FY 2026 revenue of $12.6 billion-$12.8 billion is roughly in line with expectations, so the main upside surprise is coming from earnings rather than sales. MarketBeat Stock Summary
- Negative Sentiment: Heavy put-option volume suggests some traders are positioning for near-term downside or volatility after the earnings release. MarketBeat Stock Summary
Hedge Funds Weigh In On Burlington Stores
Hedge funds and other institutional investors have recently modified their holdings of the company. JPL Wealth Management LLC bought a new stake in Burlington Stores in the third quarter worth $28,000. Geneos Wealth Management Inc. increased its holdings in shares of Burlington Stores by 235.4% in the second quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock worth $37,000 after buying an additional 113 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Burlington Stores by 39.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 164 shares of the company’s stock valued at $47,000 after acquiring an additional 46 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in 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 acquiring an additional 66 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 acquiring an additional 38 shares during the period.
Burlington Stores Company Profile
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.
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