Burlington Stores (NYSE:BURL) Releases Earnings Results, Beats Expectations By $0.77 EPS

Key Points

• Burlington Stores beat quarterly earnings expectations, reporting EPS of $2.96 versus the $2.19 analyst consensus. Revenue was approximately $3.0 billion, slightly below expectations of $3.03 billion.
• The retailer updated its guidance to Q3 FY2026 EPS of $1.60–$1.70 and full-year FY2026 EPS of $11.77–$11.97.
• Wall Street maintains a favorable outlook, with a “Moderate Buy” consensus rating and an average price target of $371.50, although insiders have sold roughly $10.3 million of stock over the past 90 days.

Burlington Stores (NYSE:BURL - Get Free Report) issued its earnings results on Thursday. The company reported $2.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.19 by $0.77, FiscalAI reports. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.03 billion. Burlington Stores updated its Q3 2026 guidance to 1.600-1.700 EPS and its FY 2026 guidance to 11.770-11.970 EPS.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $313.98 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. The stock's fifty day moving average price is $341.21 and its two-hundred day moving average price is $325.36. Burlington Stores has a one year low of $240.49 and a one year high of $378.33. The firm has a market cap of $19.76 billion, a price-to-earnings ratio of 32.27, a P/E/G ratio of 1.62 and a beta of 1.44.

Insiders Place Their Bets

In related news, CAO Stephen Ferroni sold 2,343 shares of the company's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the transaction, the chief accounting officer directly owned 1,391 shares in the company, valued at approximately $469,073.02. This represents a 62.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of the company's stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares in the company, valued at $2,069,160.83. This trade represents a 36.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,392 shares of company stock worth $10,280,271 in the last 90 days. Company insiders own 1.30% of the company's stock.

Institutional Trading of Burlington Stores

A number of institutional investors have recently bought and sold shares of BURL. JPL Wealth Management LLC acquired a new stake in shares of Burlington Stores in the third quarter valued at approximately $28,000. Geneos Wealth Management Inc. boosted its stake 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 valued at $37,000 after buying an additional 113 shares during the period. Parkside Financial Bank & Trust grew its position in Burlington Stores by 39.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 164 shares of the company's stock worth $47,000 after buying an additional 46 shares in the last quarter. Wilmington Savings Fund Society FSB grew its position in Burlington Stores by 43.4% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 218 shares of the company's stock worth $63,000 after buying an additional 66 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BURL. JPMorgan Chase & Co. lowered their price target on Burlington Stores from $374.00 to $351.00 and set an "overweight" rating on the stock in a research report on Friday, May 29th. Wall Street Zen cut Burlington Stores from a "buy" rating to a "hold" rating in a research report on Sunday, August 2nd. Weiss Ratings downgraded Burlington Stores from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 23rd. 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 research note on Friday, August 14th. Finally, Truist Financial boosted their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a "hold" rating in a report on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $371.50.

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.

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