Burlington Stores, Inc. (BURL) Form 10-Q — May 28, 2026
Burlington Stores reported first-quarter fiscal 2026 net sales of $2.85 billion, a 14.1% increase year-over-year, driven by 6% comparable store sales growth and the contribution of 127 net new stores opened since the prior year period. The company generated net income of $114.7 million, or $1.79 per diluted share, up from $100.8 million and $1.58 per share in the prior year quarter. Gross margin improved to 44.1% from 43.8%, supported by better merchandise margins and freight costs. Burlington continued its aggressive capital return and expansion strategy, repurchasing $80.8 million of shares during the quarter, leaving $304.2 million in remaining authorization.
Key figures
- Eps
- 1.79
- Revenue
- 2856461000
- Net Income
- 114744000
- Total Debt
- 1917363000
- Revenue Yoy
- 14.1
- Cash Position
- 747355000
- Store Count
- 1242
- Adjusted EBITDA
- 276284000
- Inducement Charge
- 15315000
- Repurchase Amount
- 80800000
- Adjusted Net Income
- 128895000
- Operating Cash Flow
- 61466000
- Shares Repurchased
- 257906
- Gross Margin Percent
- 44.1
- Capital Expenditures
- 193600000
- Comparable Store Sales Growth
- 6%
- Remaining Repurchase Authorization
- 304200000
Price after filing
Close on the filing date to close N calendar days later (from $300.52). Historical, not a forecast.
AI analysis
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