10-Q · May 28, 2026
Burlington Stores, Inc. surpassed revenue and EPS estimates in Q1 2026, generating $2.856 billion in revenue and $2.1 in EPS, reflecting a solid performance compared to previous quarters. The company has raised its…
Earnings analysis · 10-Q
BURL earnings analysis
Filed August 27, 2026 · Our reading of the company's report
The latest report
Burlington delivered a solid Q2, with $3.002 billion of revenue and $2.37 diluted EPS, exceeding estimates of $2.991 billion and $1.98, respectively. Fiscal 2026 Adjusted EPS guidance was raised to $11.77-$11.97, but…
Read full summary
Burlington delivered a solid Q2, with $3.002 billion of revenue and $2.37 diluted EPS, exceeding estimates of $2.991 billion and $1.98, respectively. Fiscal 2026 Adjusted EPS guidance was raised to $11.77-$11.97, but the outlook includes a neutral $55 million tariff-refund impact after reinvestment and implies Q3 EPS of $1.60-$1.70 versus $1.80 last year. The provided 10-Q excerpt does not include sufficient income-statement, balance-sheet, cash-flow, or segment detail to quantify margins, working-capital trends, or free cash flow; sentiment is therefore neutral despite the earnings beat and raised full-year outlook.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $2.37
What stood out
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Revenue and EPS exceeded estimates
Q2 revenue was $3.002 billion, approximately $11.4 million above the $2.991 billion consensus estimate. Reported diluted EPS was $2.37 versus the $1.98 estimate, a $0.39 beat.
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Full-year EPS outlook raised
Fiscal 2026 Adjusted EPS guidance increased to $11.77-$11.97, representing expected growth of 16%-18% versus the prior outlook.
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Positive sales outlook
Management expects fiscal 2026 total sales growth of 10%-11% and comparable-store sales growth of 3%-4%.
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Meaningful share repurchases
The company repurchased 270,279 shares during the quarter and had approximately $217.550 million remaining under its authorized repurchase program at August 1, 2026.
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Controls remained effective
Management concluded that disclosure controls and procedures were effective as of August 1, 2026, with no material changes in internal control over financial reporting during the quarter.
What to watch
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No material risk-factor updates
The filing states that there were no material changes to the risk factors disclosed in the Fiscal 2025 10-K. Accordingly, the 10-Q does not identify a new material risk-factor development.
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Tariff benefit does not flow to earnings
The $55 million tariff refund is being reinvested and is expected to have a neutral full-year earnings impact, limiting the benefit to reported profitability. Q3 Adjusted EPS is expected at $1.60-$1.70 versus $1.80 in the prior year.
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Ongoing capital allocation commitments
The company repurchased 270,279 shares during the quarter, while approximately $217.550 million remained available under the repurchase authorization, representing an ongoing use of liquidity alongside other capital commitments.
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Litigation exposure remains
The company disclosed exposure to class or collective wage-and-hour actions, California Private Attorneys’ General Act claims, and other lawsuits and regulatory proceedings, but did not quantify a potential loss in the provided filing text.
Management's outlook
Fiscal 2026 Adjusted EPS guidance was raised to $11.77-$11.97, with total sales growth expected at 10%-11% and comparable-store sales growth of 3%-4%. The $55 million tariff refund is expected to have a neutral full-year earnings impact after reinvestment; Q3 Adjusted EPS is expected at $1.60-$1.70 versus $1.80 in the prior year.
Earlier filings 4
10-K · March 19, 2026
Burlington emphasizes growth through its off-price model, a large store rollout and distribution-center expansion: it operated 1,212 stores as of January 31, 2026, and retains a long-term store target of 2,000 stores.…
10-Q · November 25, 2025
Burlington Stores reported a solid third quarter, with revenue increasing to $2.71 billion, up from $2.53 billion year-over-year. Gross margin improved to 44.0%, while diluted EPS rose to $1.63, reflecting a notable…
10-Q · November 26, 2024
Burlington reported a healthy quarter with total revenue of $2,530,696,000, up $241,350,000 (+10.5%) versus the prior-year quarter, and diluted EPS of $1.40 (vs. $0.75). Gross margin expanded to ~43.96% (up ~0.63 ppt)…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.