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

Burlington Stores (NYSE:BURL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 11.450-11.800 for the period, compared to the consensus earnings per share estimate of 11.230. The company issued revenue guidance of $12.6 billion-$12.8 billion, compared to the consensus revenue estimate of $12.7 billion. Burlington Stores also updated its Q2 2026 guidance to 2.050-2.200 EPS.

Burlington Stores Stock Up 7.8%

Shares of NYSE BURL opened at $323.88 on Friday. Burlington Stores has a 1 year low of $218.52 and a 1 year high of $351.85. The firm has a market cap of $20.35 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 1.79 and a beta of 1.48. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.65 and a current ratio of 1.16. The stock’s 50-day simple moving average is $320.30 and its 200-day simple moving average is $301.40.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same period in the previous year, the company earned $1.60 earnings per share. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. 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. As a group, equities analysts anticipate that Burlington Stores will post 11.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BURL shares. Truist Financial lifted their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a research report on Thursday. Wall Street Zen raised Burlington Stores from a “hold” rating to a “buy” rating in a report on Saturday. Robert W. Baird boosted their price objective on Burlington Stores from $345.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Evercore reissued an “outperform” rating and issued a $375.00 price objective on shares of Burlington Stores in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. lowered their price objective on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating for the company in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Burlington Stores has a consensus rating of “Moderate Buy” and a consensus target price of $353.56.

Insiders Place Their Bets

In related news, COO Travis Marquette sold 3,759 shares of the business’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 completion of the sale, the chief operating officer directly owned 26,350 shares of the company’s stock, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by corporate insiders.

Key Stories Impacting Burlington Stores

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

• Positive Sentiment: Bank of America raised its price target on Burlington Stores to $375 and reiterated a buy rating, signaling confidence in further upside. Benzinga
• Positive Sentiment: Wells Fargo kept an overweight rating and lifted its target to $375, following stronger-than-expected quarterly performance and improved guidance. Tickerreport.com
• Positive Sentiment: Burlington reported first-quarter EPS of $2.01 versus $1.77 expected and revenue of $2.86 billion versus $2.80 billion expected, extending its streak of double-digit EPS growth to 14 quarters. GlobeNewswire release
• Positive Sentiment: The company raised fiscal 2026 EPS guidance to $11.45-$11.80, above consensus, and outlined plans for 115 net new stores, reinforcing the growth outlook. MSN article
• Neutral Sentiment: JPMorgan lowered its price target to $351 but maintained an overweight rating, which is still supportive despite the smaller target. Benzinga
• Neutral Sentiment: Some traders bought large volumes of put options, suggesting hedging or caution even as fundamentals improved. American Banking News
• Negative Sentiment: JPMorgan and Wells Fargo both trimmed their price targets from prior levels, indicating analysts see a bit less upside than before despite keeping bullish ratings. Benzinga
• Negative Sentiment: Reports noted the stock sold off after earnings even though Burlington beat estimates, suggesting investors may have been focused on valuation or taking profits after the run-up. Benzinga earnings article

Hedge Funds Weigh In On Burlington Stores

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vident Advisory LLC raised its position in Burlington Stores by 1.1% in the second quarter. Vident Advisory LLC now owns 3,330 shares of the company’s stock worth $775,000 after purchasing an additional 36 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Burlington Stores by 14.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after purchasing an additional 38 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of 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. Mercer Global Advisors Inc. ADV increased its holdings in shares of Burlington Stores by 3.7% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,377 shares of the company’s stock worth $350,000 after buying an additional 49 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Burlington Stores by 21.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 339 shares of the company’s stock worth $98,000 after buying an additional 59 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.