Burlington Stores (NYSE:BURL – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 11.770-11.970 for the period, compared to the consensus earnings per share estimate of 11.230. The company issued revenue guidance of $12.7 billion-$12.8 billion, compared to the consensus revenue estimate of $12.7 billion. Burlington Stores also updated its Q3 2026 guidance to 1.600-1.700 EPS.
Analyst Upgrades and Downgrades
Several research firms have recently commented on BURL. JPMorgan Chase & Co. lowered their target price on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Evercore reiterated an “outperform” rating and issued a $400.00 price target on shares of Burlington Stores in a research note on Monday, August 17th. UBS Group raised their price objective on Burlington Stores from $435.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Jefferies Financial Group lifted their target price on Burlington Stores from $365.00 to $410.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Burlington Stores in a research note on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average target price of $371.50.
View Our Latest Analysis on Burlington Stores
Burlington Stores Trading Down 0.4%
Burlington Stores (NYSE:BURL – Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations 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, research analysts expect that Burlington Stores will post 12.21 EPS for the current year.
Insider Buying and Selling
In related news, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $341.53, for a total transaction of $7,144,807.60. Following the transaction, the chief marketing officer directly owned 81,017 shares in the company, valued at approximately $27,669,736.01. This represents a 20.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores 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 of the company’s stock, valued at approximately $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 30,392 shares of company stock valued at $10,280,271. Company insiders own 1.30% of the company’s stock.
Burlington Stores News Summary
Here are the key news stories impacting Burlington Stores this week:
- Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, beating the $2.19 consensus estimate by $0.77. Revenue reached approximately $3.0 billion, while total sales increased 11% and comparable-store sales rose 2%. Burlington Stores quarterly earnings release
- Positive Sentiment: The company highlighted its 15th consecutive quarter of double-digit EPS growth. Excluding tariff refunds, adjusted EPS grew 38% year over year, supported by a 100-basis-point expansion in operating margin. Burlington Stores reports second-quarter results
- Positive Sentiment: Burlington raised its fiscal 2026 EPS outlook to $11.77-$11.97, above the $11.23 analyst consensus. Its revenue forecast of $12.7-$12.8 billion is broadly in line with expectations.
- Neutral Sentiment: The retailer plans to use tariff refunds to reduce prices for customers. While this could support traffic and sales, the lower prices may limit the near-term benefit to profit margins. Burlington Stores plans to use tariff refunds to lower prices
- Negative Sentiment: Third-quarter EPS guidance of $1.60-$1.70 is materially below the $2.04 consensus estimate. Although quarterly revenue guidance of approximately $3.0 billion matches expectations, the earnings shortfall may outweigh the strong second-quarter results and above-consensus full-year outlook.
Hedge Funds Weigh In On Burlington Stores
Several institutional investors have recently bought and sold shares of the business. 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 valued at $72,000 after acquiring an additional 38 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Burlington Stores by 1,604.7% during the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after purchasing an additional 1,364 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Burlington Stores by 91.8% during the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after purchasing an additional 334 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Burlington Stores by 12.4% in the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock valued at $1,735,000 after purchasing an additional 821 shares during the last quarter. Finally, AXA S.A. grew its stake in Burlington Stores by 1,033.2% in the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock valued at $2,502,000 after purchasing an additional 9,805 shares during the last quarter.
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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