Burlington Stores (NYSE:BURL) Announces Earnings Results, Beats Estimates By $0.77 EPS

Burlington Stores (NYSE:BURL) posted its quarterly earnings results on Thursday. The company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.77, FiscalAI reports. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores updated its Q3 2026 guidance to 1.600-1.700 EPS and its FY 2026 guidance to 11.770-11.970 EPS.

Burlington Stores Stock Performance

NYSE BURL opened at $313.98 on Thursday. The firm’s fifty day moving average price is $341.21 and its two-hundred day moving average price is $325.36. The stock has a market cap of $19.76 billion, a PE ratio of 32.27, a PEG ratio of 1.62 and a beta of 1.44. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.49 and a current ratio of 1.16. Burlington Stores has a fifty-two week low of $240.49 and a fifty-two week high of $378.33.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings lowered shares of Burlington Stores from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Burlington Stores in a report on Thursday, August 6th. JPMorgan Chase & Co. reduced their price target on shares of Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Evercore reissued an “outperform” rating and issued a $400.00 price objective on shares of Burlington Stores in a research note on Monday, August 17th. Finally, Jefferies Financial Group boosted their price objective on shares of Burlington Stores from $365.00 to $410.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $371.50.

Insider Activity

In related news, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction on 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 sale, the insider owned 6,523 shares in the company, valued at $2,069,160.83. The trade was a 36.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CMO Jennifer Vecchio sold 20,920 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $341.53, for a total value of $7,144,807.60. Following the completion of the transaction, the chief marketing officer directly owned 81,017 shares of the company’s stock, valued at approximately $27,669,736.01. The trade was a 20.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 30,392 shares of company stock worth $10,280,271. Insiders own 1.30% of the company’s stock.

Institutional Trading of Burlington Stores

A number of hedge funds have recently made changes to their positions in the company. JPL Wealth Management LLC bought a new stake in shares of Burlington Stores during the third quarter worth about $28,000. Geneos Wealth Management Inc. raised its holdings in Burlington Stores by 235.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 161 shares of the company’s stock valued at $37,000 after buying an additional 113 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Burlington Stores by 39.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 164 shares of the company’s stock valued at $47,000 after buying an additional 46 shares during the last quarter. Wilmington Savings Fund Society FSB raised its holdings in Burlington Stores by 43.4% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 218 shares of the company’s stock valued at $63,000 after buying an additional 66 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Burlington Stores by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 302 shares of the company’s stock worth $72,000 after buying an additional 38 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.