Burlington Stores IncBURL
▲ PositiveCapitalrelevance
Q2 earnings beat and raised full-year EPS guidance
Impact on stocks 1
Consumer Discretionary
Burlington Stores IncBurlington Raises Full-Year EPS Guidance After Strong Q2
Earnings
Burlington Stores reported second-quarter earnings that beat expectations, prompting the company to raise its full-year adjusted EPS guidance to $11.77-$11.97, up 16%-18% from fiscal 2025. The off-price retailer received approximately $55 million in tariff refunds during the quarter, which added $0.64 to EPS, but the company plans to reinvest the full amount into sharper customer values in the back half, making the net impact on full-year earnings neutral. Excluding the refunds, adjusted EPS rose 38% on top of 39% growth last year, with operating margin expanding 100 basis points. Total sales grew 11%, and comp sales increased 2%, with new store openings driving much of the growth. The company opened 51 gross new stores in Q2, bringing its store count to 1,287, and repurchased $87 million in stock during the quarter. For the full year, Burlington expects total sales growth of 10%-11% and comp sales growth of 3%-4%, while maintaining its sales guidance for the back half despite potential upside from lapping weather and tariff-related issues.
Burlington Stores IncQ2 earnings beat and raised full-year EPS guidance