Burlington Stores Lifts Annual Outlook, Projects Strong Q2 Earnings
BURL sits 43% above its 52-week low of $218.52.
Summary
Burlington Stores raised its full-year 2026 adjusted EPS guidance to $11.45-$11.80 per share, up from the prior $10.95-$11.45 range. The company also increased its fiscal 2026 total sales growth projection to 9-11% from 8-10%. This positive revision follows strong first-quarter financial performance and indicates an improved outlook for the discount retailer's profitability and revenue growth.
At the time of this announcement, BURL was trading at $313.34 on NYSE in the Trade & Services sector, with a market capitalization of approximately $20.5B. The 52-week trading range was $218.52 to $351.85. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.