The raised full-year guidance (Adjusted EPS $11.45-$11.80, comps 2%-4%) and strong Q1 beat (+26% adjusted EPS growth) confirm accelerating operating momentum. Watch for continued margin expansion (guidance now +10-30 bps vs prior 0-20 bps) and the company's ability to sustain double-digit EPS growth amid consumer spending shifts. The $304M remaining buyback authorization provides additional support.
Price Chart
Executive Summary
Burlington Stores reported strong Q1 FY2026 results with total sales up 14% YoY to $2.85B and comparable store sales up 6%, well ahead of guidance. GAAP diluted EPS was $1.79, while Adjusted EPS was $2.10, up 26% YoY and well above the $1.60-$1.75 guidance range. The company raised full-year FY2026 guidance: Adjusted EPS now $11.45-$11.80 (vs prior $10.95-$11.45), driven by a raised comp sales outlook of 2%-4%. This marks the 14th consecutive quarter of double-digit EPS growth, confirming strong operating momentum and margin expansion.
Key Financial Metrics
Key Facts
- Total sales +14% YoY to $2.85B; comp store sales +6%, well ahead of 2%-4% guidance
- GAAP diluted EPS $1.79 vs $1.58 YoY; Adjusted EPS $2.10 vs $1.67 YoY (+26%)
- Full-year FY2026 Adjusted EPS guidance raised to $11.45-$11.80 (from $10.95-$11.45)
- FY2026 comp sales guidance raised to 2%-4% from 1%-3%; total sales growth guidance raised to 9%-11% from 8%-10%
- Adjusted EBIT margin +20 bps YoY in Q1, ahead of guidance; FY2026 margin guidance raised to +10-30 bps from 0-20 bps
- 14th consecutive quarter of double-digit EPS growth
- Gross margin expanded 30 bps to 44.1%, with merchandise margin up 20 bps
- Repurchased $81M in stock during Q1; $304M remaining on authorization
Financial Impact
Q1 Adjusted EPS $2.10 (+26% YoY) well above guidance midpoint of $1.68; FY2026 Adjusted EPS guidance raised to $11.45-$11.80, implying 13%-16% growth vs FY2025
Risk Factors
- Consumer spending slowdown or macroeconomic headwinds could pressure off-price retail demand
- Tariff and import cost risks remain, though management has historically offset these successfully
- Inventory growth (+10% total, +11% comp) may signal potential markdown risk if demand softens
- Higher capex ($875M) and new store expansion (115 net new stores) could pressure near-term cash flow
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-242954 |
| Document: burl-20260528.htm | 0001193125-26-242954 |
| Document: 0001193125-26-242954-index-headers.html | 0001193125-26-242954 |
| Document: 0001193125-26-242954-index.html | 0001193125-26-242954 |
| Document: 0001193125-26-242954.txt | 0001193125-26-242954 |
| 8-K Data (Synthetic) | 0001193125-26-242954 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | 8-K | $290.00 $254.83 | ▼ −12.13% | ▼ −11.62% | $275.34 (−5.06%) |
Jun 15, 2026 15w ago | Insider Cluster | $333.83 $334.31 | ▲ +0.14% | ▼ −0.06% | $275.34 (−17.52%) |
May 28, 2026 18w ago | 8-K | $299.26 $324.48 | ▲ +8.43% | ▲ +11.12% | $275.34 (−7.99%) |
Mar 24, 2026 27w ago | Insider Cluster | $324.96 $336.78 | ▲ +3.64% | ▼ −5.26% | $275.34 (−15.27%) |
Mar 5, 2026 30w ago | 8-K | $320.79 $328.87 | ▲ +2.52% | ▲ +6.31% | $275.34 (−14.17%) |
Mar 5, 2026 30w ago | Press Release | $320.79 $328.87 | ▲ +2.52% | ▲ +6.31% | $275.34 (−14.17%) |
US Market Status
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