earnings
confidence high
sentiment positive
materiality 0.80
Burlington Q2 sales up 11%, adjusted EPS $2.37 (+38%), raises FY guidance
Burlington Stores, Inc.
- Total sales $2,998M +11% YoY; comp store sales +2% on top of +5% last year.
- Net income $184M, diluted EPS $2.88; adjusted EPS $2.37 +38% YoY, 15th straight quarter of double-digit EPS growth.
- Received $55M tariff refunds; plans to reinvest ~40% in Q3 and ~60% in Q4, neutral to full-year earnings.
- Raised FY2026 adjusted EPS guidance to $11.77-$11.97 (from $10.17 prior year), comps 3-4%, total sales +10-11%.
- Ended quarter with $1,646M liquidity, $1,914M total debt; repurchased 270,279 shares for $87M.