Burlington Stores, Inc. (BURL) Earnings Call Transcripts
Burlington Stores, Inc.'s Latest Earnings Call - Q1 FY2027
Burlington Stores, Inc. reported strong fiscal Q1 2026 results, with total sales growth of 14% and earnings per share (EPS) increasing by 26%, marking the 14th consecutive quarter of double-digit EPS growth. The company raised its full-year guidance, now expecting comp sales growth of 2% to 4% and EPS growth of 13% to 16%. This positive momentum, driven by effective inventory management and strong performance in warm weather categories, positions Burlington favorably in the competitive off-price retail sector.
Reported metrics
| Metric | Value |
|---|---|
| Total Sales | $2.1B (beat) |
| EPS | $2.10 (beat) |
| Comp Store Sales Growth | 6% (beat) |
| Operating Margin | 6.3% (beat) |
| Gross Margin Rate | 44.1% (positive) |
| New Store Openings | 40 (positive) |
Guidance from management
Burlington updated its full-year guidance to reflect strong Q1 performance, now expecting comp sales growth of 2% to 4% and EPS growth of 13% to 16%. For Q2, comp sales are expected to increase by 1% to 3% with EPS guidance of $2.05 to $2.20.
What management said
Great. And then as a follow-up, you mentioned the strength of the warm weather businesses in 1Q. Can you talk a little bit more about those businesses? I'd also be interested in hearing more about how your new allocation systems helped to drive the comp trend in those businesses this quarter.
Great. Adrian, yes, very topical. As you've heard from many other retailers, we have also filed for tariff refund it's really -- it's highly uncertain how much we will receive and when we could receive the refunds. So we have not factored any of that into our guidance.
What analysts pressed on
Analysts expressed concerns regarding potential impacts from rising gas prices and inflation on consumer behavior. There were questions about whether Burlington's focus on earnings growth might have limited comp growth opportunities.
Main topics on the call
- Strong Earnings Growth — Burlington achieved a 26% increase in EPS, significantly above the expected flat growth. CEO Michael O'Sullivan noted, "This track record demonstrates our ability to consistently convert higher sales into margin expansio...
- Sales Performance — Total sales grew by 14% in Q1, building on previous years' growth. O'Sullivan stated, "Cumulatively, our business is now 34% bigger than it was 3 years ago," indicating strong market share gains.
- Comp Store Sales Outperformance — Comp store sales increased by 6%, exceeding guidance of 2% to 4%. O'Sullivan highlighted broad-based strength across categories, particularly in ladies apparel and warm weather items.
- Margin Expansion — Operating margin expanded by 20 basis points, contrary to expectations of a decline. CFO Kristin Wolfe mentioned, "We rolled right over these headwinds and delivered operating margin expansion that was 100 basis points a...
Read the full Burlington Stores, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Burlington Stores, Inc.
Burlington Stores, Inc. (BURL) is a publicly listed company in the Specialty Retail industry, within the Consumer Discretionary sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning March 5, 2020 to May 28, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 Burlington Stores, Inc. earnings call transcripts on record, spanning March 5, 2020 to May 28, 2026. Based on this history, Burlington Stores, Inc. reports quarterly. The most recent call on file is dated May 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- BURL
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Calls on record
- 28
- First call
- March 5, 2020
- Most recent
- May 28, 2026
- Reporting cadence
- quarterly