Burlington Stores raised its full-year fiscal 2026 adjusted earnings per share guidance to a range of $11.45 to $11.80 following first-quarter results that saw total sales rise 14% to $2.85 billion and comparable store sales increase 6%. Net income reached $115 million, with diluted earnings per share of $1.79 and adjusted earnings per share of $2.01, up 26% and well above the company's own previous guidance of $1.60 to $1.75. Gross margin expanded to 44.1% from 43.8% a year earlier, and adjusted EBITDA rose more than 16% to $284 million. The stock has surged nearly 50% over the past year, trading around $340 with a price-to-earnings ratio above 34, leaving limited upside according to a consensus analyst price target of $353.56. Burlington operates more than 1,200 off-price stores and competes with larger rivals TJX Companies and Ross Stores, while facing macroeconomic risks that could pressure consumer spending.
Burlington Stores IncBurlington raised full-year EPS guidance and reported strong Q1 earnings with sales up 14% and EPS up 26%.
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