Burlington Stores (NYSE:BURL) Updates FY 2026 Earnings Guidance

Key Points

• Burlington Stores raised or reaffirmed FY 2026 guidance at EPS of $11.77–$11.97, above the $11.23 analyst consensus, with revenue projected at $12.7–$12.8 billion. Q3 EPS guidance was set at $1.60–$1.70.
• The company’s latest quarter exceeded expectations on earnings, reporting $2.96 EPS versus the $2.19 consensus, though revenue of $3.0 billion fell slightly short of the $3.03 billion estimate.
• Analyst sentiment remains positive, with 13 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $371.50; however, several firms recently reduced their price targets, and insiders have sold more than $10.28 million in stock over the past three months.

Burlington Stores (NYSE:BURL - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 11.770-11.970 for the period, compared to the consensus EPS 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.

Burlington Stores Stock Performance

BURL opened at $313.98 on Thursday. The firm has a market cap of $19.76 billion, a P/E ratio of 32.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.44. Burlington Stores has a 52-week low of $240.49 and a 52-week high of $378.33. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. The business's fifty day moving average is $341.21 and its 200-day moving average is $325.36.

Burlington Stores (NYSE:BURL - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.96 EPS for the quarter, beating 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 business had revenue of $3 billion during the quarter, compared to the consensus estimate 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. Sell-side analysts expect that Burlington Stores will post 12.21 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BURL has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Burlington Stores from $374.00 to $351.00 and set an "overweight" rating for the company in a research report on Friday, May 29th. Bank of America lifted their price target on Burlington Stores from $367.00 to $375.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Weiss Ratings lowered Burlington Stores from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 23rd. Morgan Stanley restated an "overweight" rating on shares of Burlington Stores in a research note on Thursday, August 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Burlington Stores from $400.00 to $375.00 and set an "overweight" rating for the company in a research report on Friday, May 29th. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $371.50.

Insider Activity

In other news, insider Matthew Pasch sold 3,773 shares of the business's stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $317.21, for a total transaction of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares in the company, valued at approximately $2,069,160.83. The trade was a 36.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CMO Jennifer Vecchio sold 1,678 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $369.04, for a total transaction of $619,249.12. Following the completion of the transaction, the chief marketing officer owned 77,661 shares of the company's stock, valued at approximately $28,660,015.44. This trade represents a 2.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 30,392 shares of company stock valued at $10,280,271. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in Burlington Stores during the 3rd quarter worth about $28,000. Geneos Wealth Management Inc. lifted its stake in shares of Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company's stock valued at $37,000 after purchasing an additional 113 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Burlington Stores by 39.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 164 shares of the company's stock valued at $47,000 after purchasing an additional 46 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Burlington Stores by 43.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 218 shares of the company's stock valued at $63,000 after buying an additional 66 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 buying an additional 38 shares in the last quarter.

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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