Burlington Stores (NYSE:BURL) Issues Q3 2026 Earnings Guidance

Burlington Stores (NYSE:BURL) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.600-1.700 for the period, compared to the consensus EPS estimate of 2.040. 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 11.770-11.970 EPS.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. UBS Group lifted their target price on Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Citigroup lowered Burlington Stores from a “buy” rating to a “neutral” rating and set a $380.00 target price for the company. in a report on Wednesday, August 5th. 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 report on Friday, May 29th. Wells Fargo & Company reduced their price target on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Burlington Stores in a report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and an average price target of $371.50.

Burlington Stores Stock Down 7.8%

BURL stock opened at $289.44 on Friday. Burlington Stores has a 12 month low of $240.49 and a 12 month high of $378.33. 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 company has a market capitalization of $18.22 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 1.61 and a beta of 1.44. The firm’s fifty day simple moving average is $340.27 and its 200-day simple moving average is $325.21.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data 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 net margin of 5.24% and a return on equity of 39.93%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company earned $1.72 EPS. The business’s revenue was up 11.0% on a year-over-year basis. 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, equities research analysts forecast that Burlington Stores will post 12.21 earnings per share for the current year.

Insider Activity

In related news, insider Matthew Pasch sold 3,773 shares of the business’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 transaction, 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 legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Stephen Ferroni sold 2,343 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $337.22, for a total transaction of $790,106.46. Following the completion of the sale, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. The trade was a 62.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 30,392 shares of company stock worth $10,280,271 over the last three months. Insiders own 1.30% of the company’s stock.

Trending Headlines about Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Burlington reported second-quarter adjusted EPS of $2.96, well above the approximately $2.19 analyst consensus, while revenue increased 11% year over year to about $3.0 billion. The company delivered its 15th consecutive quarter of double-digit EPS growth, helped by a 100-basis-point operating-margin improvement. Burlington Stores second-quarter earnings release
• Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $11.77-$11.97, above the $11.23 consensus, and expects revenue of $12.7-$12.8 billion. The outlook implies continued earnings momentum and 10%-11% annual revenue growth. Burlington Stores fiscal 2026 earnings update
• Positive Sentiment: The retailer plans to open 20 stores across 12 states in September, supporting its long-term sales growth strategy. Burlington ended the quarter with 1,287 locations, up 13.1% from a year earlier.
• Positive Sentiment: Burlington intends to use tariff refunds to reduce prices, which could improve customer value and help sustain traffic in its off-price retail model. Burlington tariff refund pricing plans
• Neutral Sentiment: Comparable-store sales rose 2%, producing a solid 7% two-year increase, but growth slowed from 5% in the prior-year quarter. This suggests expansion and margin gains remain strong while underlying demand is moderating. Burlington Stores share-price analysis
• Negative Sentiment: Second-quarter revenue of roughly $3.0 billion fell short of the $3.03 billion consensus, making the earnings beat less convincing to investors.
• Negative Sentiment: Third-quarter EPS guidance of $1.60-$1.70 was materially below the approximately $2.04 analyst expectation. Investors viewed the outlook as lackluster, with tariff-related costs and comparisons weighing on the near-term forecast. Burlington shares and quarterly guidance
• Negative Sentiment: Ross Stores’ stronger performance has raised concerns that Burlington is lagging some competitors within the off-price retail sector. Off-price retail competitor comparison

Institutional Investors Weigh In On Burlington Stores

Several hedge funds and other institutional investors have recently bought and sold shares of BURL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Burlington Stores by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock valued at $72,000 after buying an additional 38 shares during the period. Jones Financial Companies Lllp lifted its holdings in Burlington Stores by 1,604.7% in the first quarter. Jones Financial Companies Lllp now owns 1,449 shares of the company’s stock valued at $345,000 after acquiring an additional 1,364 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Burlington Stores by 91.8% in the second quarter. EverSource Wealth Advisors LLC now owns 698 shares of the company’s stock valued at $162,000 after acquiring an additional 334 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Burlington Stores by 12.4% in the second quarter. Daiwa Securities Group Inc. now owns 7,459 shares of the company’s stock worth $1,735,000 after acquiring an additional 821 shares during the period. Finally, AXA S.A. grew its position in Burlington Stores by 1,033.2% in the second quarter. AXA S.A. now owns 10,754 shares of the company’s stock worth $2,502,000 after acquiring an additional 9,805 shares during the period.

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.