Earnings call analysis

Burlington Stores (BURL) Q2 FY2026 Earnings Call: Guidance and Outlook

Formal guidance covers the third quarter, fourth quarter, and full fiscal year 2026, incorporating the reinvestment of second-quarter tariff refunds into the back half.

About Burlington Stores. Burlington Stores, Inc. operates as a prominent retail chain across the United States, offering a diverse selection of branded apparel and other consumer products. Its merchandise is heavily focused on current fashion trends, providing items such as women's ready-to-wear, men's clothing, youth apparel, footwear, accessories, and outerwear.

Call date

Aug 27, 2026

Sentiment score

+35 Balanced

Management tone, -100 to +100

Sentiment change

-10

vs Q1 FY2026 call

Sector

Consumer Discretionary, Specialty Retail

Next report

Nov 24, 2026

View calendar

Quarterly guidance

Q3 2026 Comp store sales: Up 1% to 3%
Q3 2026 Total sales: Increase 9% to 11%
Q3 2026 Adjusted EPS: $1.60 to $1.70
Q4 2026 Comp store sales: Up 1% to 3%
Q4 2026 Total sales: Increase 7% to 9%
Q4 2026 Adjusted EPS: $5.05 to $5.15

Annual guidance

Total sales: Increase 10% to 11%
Comp store sales: Increase 3% to 4%
Adjusted EBIT margin: Expand by 20 basis points to 40 basis points versus last year
Adjusted earnings per share: $11.77 to $11.97, up 16% to 18% versus fiscal 2025

Outlook

Consumer environment: Consumers, especially moderate and low-income households, continue to feel stretched by higher living costs and gas prices.
Tariff refund reinvestment: Approximately 40% of the $55 million tariff refund will be reinvested in Q3 and 60% in Q4 to sharpen customer values.
Store expansion: The company expects 135 gross store openings or about 115 net new stores for full year 2026.
Weather risks: Potential warmer weather in the back half represents a risk, though mitigated by planned adjustments in outerwear and localized assortments.

Sources and method

Dombey's summary of the Burlington Stores Q2 FY2026 earnings call held Aug 27, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.

Updated Nov 9, 2026. All earnings call analyses

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