Burlington Stores (NYSE:BURL) Releases 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 guidance of 1.600-1.700 for the period, compared to the consensus earnings per share 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.

Burlington Stores Trading Down 5.8%

NYSE BURL opened at $273.25 on Friday. The company has a quick ratio of 0.49, a current ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $339.01 and a 200 day moving average price of $324.84. Burlington Stores has a 52-week low of $240.49 and a 52-week high of $378.33. The stock has a market capitalization of $17.20 billion, a P/E ratio of 24.53, a P/E/G ratio of 1.55 and a beta of 1.44.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.77. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%.Burlington Stores’s revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.72 earnings per share. 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. Equities research analysts expect that Burlington Stores will post 11.74 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen downgraded Burlington Stores from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Weiss Ratings raised shares of Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Wells Fargo & Company set a $370.00 price objective on shares of Burlington Stores in a research note on Friday. Barclays lifted their target price on shares of Burlington Stores from $365.00 to $411.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Finally, Citigroup reduced their target price on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research report on Friday. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $367.56.

Insider Transactions at Burlington Stores

In other Burlington Stores 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 completion of the sale, the insider owned 6,523 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Stephen Ferroni sold 2,343 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares in the company, valued at approximately $469,073.02. This trade represents a 62.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 30,392 shares of company stock worth $10,280,271 in the last ninety days. Insiders own 1.30% of the company’s stock.

Key Burlington Stores News

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

• Positive Sentiment: Second-quarter adjusted EPS reached $2.96, well above the roughly $2.18–$2.19 analyst consensus and up substantially from the prior year. Revenue increased 11% year over year to approximately $3.0 billion, while operating-margin expansion supported the company’s 15th consecutive quarter of double-digit EPS growth. Burlington Stores Reports Strong Second Quarter Sales and Earnings Growth
• Positive Sentiment: Burlington raised its fiscal 2026 adjusted EPS outlook to $11.77–$11.97, above the prior consensus of about $11.23, and expects revenue of $12.7–$12.8 billion. The retailer also plans to use tariff refunds to lower prices, potentially supporting customer traffic and value perception. Burlington Stores Plans to Use Tariff Refunds to Lower Prices
• Neutral Sentiment: The company is pursuing aggressive expansion, with reports of 20 new stores opening across 12 states in September. Store growth can increase long-term sales, though it also raises execution and investment requirements. Burlington Expansion Bringing New Stores to 12 States
• Negative Sentiment: Second-quarter revenue of about $3.0 billion fell short of the $3.03 billion consensus, and comparable-store sales grew only 2%, slowing from 5% a year earlier. The deceleration raised concerns about underlying demand despite the earnings beat. BURL Shares Slide Despite Q2 Earnings Beat
• Negative Sentiment: Fiscal third-quarter EPS guidance of $1.60–$1.70 is materially below the approximately $2.04 analyst consensus. Reports also cited tariff-related costs and a weaker-than-expected near-term forecast as reasons for the market reaction.
• Negative Sentiment: Citigroup cut its price target from $380 to $318 and moved to a neutral rating. Morgan Stanley also reduced its target modestly, from $438 to $432, although it maintained an overweight rating. Analyst Price Target Updates

Institutional Investors Weigh In On Burlington Stores

Hedge funds have recently modified their holdings of the stock. Compound Planning Inc. grew its position in Burlington Stores by 10.2% in the fourth quarter. Compound Planning Inc. now owns 1,688 shares of the company’s stock valued at $488,000 after acquiring an additional 156 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Burlington Stores by 9.1% in the 4th quarter. Corient Private Wealth LLC now owns 1,427 shares of the company’s stock worth $412,000 after buying an additional 119 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Burlington Stores by 207.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,228 shares of the company’s stock valued at $1,221,000 after buying an additional 2,851 shares during the last quarter. Mackenzie Financial Corp grew its stake in shares of Burlington Stores by 55.2% during the fourth quarter. Mackenzie Financial Corp now owns 9,072 shares of the company’s stock valued at $2,608,000 after acquiring an additional 3,225 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Burlington Stores by 2,356.1% during the fourth quarter. NewEdge Advisors LLC now owns 1,007 shares of the company’s stock worth $291,000 after acquiring an additional 966 shares during 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.