Burlington Stores (BURL) Q1 Profit Rises, Lifts Full-Year View

Burlington Stores Inc. (NYSE: BURL) said Thursday its fiscal first-quarter profit advanced, driven by strong sales and improved margins, and raised its earnings outlook for the year. The off-price retailer posted net income of $108.2 million, or $1.68 per share, for the quarter ended May 2, 2026, up from $92.4 million, or $1.42 per share, a year earlier. Revenue rose 9.3% to $2.58 billion, beating analysts’ estimates. Comparable-store sales increased 7.1%, reflecting steady consumer demand for value-priced apparel and home goods. Citing the momentum, Burlington raised its full-year adjusted earnings guidance to a range of $7.30 to $7.60 per share, up from its prior forecast of $7.00 to $7.30. Shares edged higher in early trading. The company, which operates over 1,000 stores, plans to open 100 new locations during the year.