Burlington Stores lifts 2026 guidance after strong Q1 results
May 28, 2026, 6:48 AM EDT2 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The company beat on key metrics, raised full-year guidance, and maintains robust buyback activity, all of which typically drive short-term upside and multiple expansion for a consumer discretionary retailer with a strong off-price model.
AI summary
What happened, with direct paths to the underlying reporting
Burlington Stores delivered a strong Q1 2026, with total sales up 14% to $2.852B and comp-store sales up 6%. Adjusted EPS rose to $2.10 (GAAP $1.79), prompting a FY2026 guidance increase to 2–4% comp growth and $11.45–$11.80 Adjusted EPS. The results underpin margin expansion, ongoing buybacks, and plans to open ~115 net new stores, supporting a positive earnings trajectory into 2026.
Total sales up 14% to $2,852M; comps +6%.
GAAP net income $115M; diluted EPS $1.79.
Adjusted EPS $2.10; guidance raised for FY2026.
FY2026 guidance: comps +2% to +4%; Adjusted EPS $11.45–$11.80.
Buybacks: 257,906 shares for $81M; $304M remaining.
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