HighGravityData

Burlington Stores — May 28, 2026 release

Fiscal 2027 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-242954
Open on SEC.gov ↗
Showing in the filing
Adjusted EPS
“$11.45 to $11.80”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Adjusted EPS for FY2026
“$11.45 to $11.80”
Comp store sales (updated) for FY2026
“increase 2% to 4%”
EPS growth (updated) for FY2026
“13% to 16%”
Total sales for FY2026
“increase in the range of 9% to 11%”
Capital expenditures, net of landlord allowa… for FY2026
“approximately $875 million”
Net new stores for FY2026
“approximately 115”
Depreciation and amortization for FY2026
“approximately $465 million”
Adjusted EBIT margin for FY2026
“increase in the range of 10 to 30 basis points”
Net interest expense for FY2026
“approximately $60 million”
Adjusted Effective Tax Rate for FY2026
“approximately 25%”
Fully diluted share count for FY2026
“approximately 64 million shares”
Total sales for Q2 FY2026
“increase in the range of 10% to 12%”
Comparable store sales for Q2 FY2026
“increase in the range of 1% to 3%”
Adjusted EBIT margin for Q2 FY2026
“increase 30 to 60 basis points”
Adjusted Effective Tax Rate for Q2 FY2026
“approximately 23%”
Adjusted EPS for Q2 FY2026
“in the range of $2.05 to $2.20”
Exhibit 99.1 · the passage around this item
… earlier in the release
THIS REPRESENTS THE 14 TH CONSECUTIVE QUARTER OF DOUBLE DIGIT EPS GROWTH o Total sales increased 14%, on top of 6% last year o Comparable store sales increased 6% o Net income was $115 million, and diluted EPS was $1.79 o Excluding certain expenses associated with bankruptcy acquired leases: ▪ Adjusted EPS increased 26% to $2.10, well above guidance ▪ Full year adjusted EPS guidance is now $11.45 to $11.80 BURLINGTON, New Jersey; May 28, 2026 — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 2, 2026. Michael O’Sullivan, CEO, stated, “We are pleased with our strong performance in the first quarter. Adjusted EPS grew 26% versus the first quarter of last year, which represented our 14th consecutive quarter of double digit EPS growth. This track record demonstrates our ability to consistently convert sales into operating margin expansion thereby driving strong earnings flow-through.” Mr. O’Sullivan continued, “Total sales increased 14%, while comparable store sales increased 6%, well ahead of our guidance. Adjusted EBIT Margin increased 20 basis points, again well ahead of our guidance. This operating margin expansion was driven by ahead of plan sales, higher gross margin, and leverage on supply chain expenses.”   Mr. O’Sullivan continued, “We are raising our full year Fiscal 2026 sales and earnings guidance, passing through the entire upside from the first quarter to the full year. Our
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.