Burlington Stores Q1 Sales Up 14%, Adjusted EPS Beats Estimates
BURL•Burlington Stores posted fiscal Q1 net income of $115 million ($1.79 per share) and adjusted EPS of $2.10, exceeding analysts’ $1.77 estimate. Revenue rose 14% to $2.86 billion with comps up 6%, driving 20 basis points of EBIT margin expansion and lifting full-year EPS guidance to $11.45–$11.80.
1. First-Quarter Earnings Performance
Burlington Stores reported net income of $115 million, or $1.79 per share, and adjusted EPS of $2.10 in its fiscal first quarter, surpassing analysts’ expectations of $1.77. Diluted EPS grew 26% year-over-year, marking the fourteenth consecutive quarter of double-digit EPS growth.
2. Revenue Growth and Margin Improvement
Total revenue climbed 14% year-over-year to $2.86 billion, driven by a 6% increase in comparable store sales. Gross margin expanded by 30 basis points to 44.1%, while adjusted EBIT margin rose 20 basis points on higher gross margins and supply chain leverage.
3. Raised Full-Year Guidance
The company raised its full-year adjusted EPS outlook to $11.45–$11.80 and expects Q2 EPS of $2.05–$2.20 per share. Management forecasts 2%–4% comparable store sales growth for fiscal 2026, reflecting confidence in continued operating leverage.
