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Burlington Stores, Inc. (BURL) stock

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NYSE: BURL NYSE Apparel Retail Next results ~November 27, 2026

C+ Fundamentals grade

Burlington Stores, Inc. is a US-listed company in the apparel retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($34.17) was left out of our combined valuation (it is 0.14x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($34.17) was left out of our combined valuation (it is 0.14x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating. We'll show the comparison once resolved.

Burlington Stores, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 6 selling0 purchases and 84 sales by directors and officers, last 12 monthsInsider trades
  • Funds359 adding, 276 cuttingOf 74 active managers that changed their stake, 39 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Burlington Stores files

Where Burlington Stores stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $12.2bn, up 10.9% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 3.4% from -2.8% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 1 financial-health checks.

Our model value for Burlington Stores is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 27, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 27, 2026 (estimated)

Burlington Stores, Inc.'s trailing-twelve-month revenue grew 10.9% year on year, with a free-cash-flow margin of 3.4%. Where it stands out: days sales outstanding of 4 days ranks 3 of 12 apparel retail companies we cover. Where it lags: long-term debt as % of assets of 18.9% ranks 11 of 13 apparel retail companies we cover.

Our discounted-cash-flow model values the business at ~$34 per share in the base case (~$21–$51 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 35% in the quarter to 2026-07-31, the 4th beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Insiders selling. 6 insiders sold $16M of stock over the past 365 days and none bought (26% under pre-set trading plans).
  • Weak cash conversion. Free cash flow was 58% of net income over the last 12 months.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 18.9% ranks 11 of 13 apparel retail companies we cover (median 11.6%).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 1.0% ranks 20 of 26 apparel retail companies we cover (median 0.7%).

Latest results: FY2027 Q2

Filed August 27, 2026
Earnings per share
$2.96 against an average estimate of $2.19: beat by 35.4%
Revenue
$3.00bn, up 11.0% on a year earlier
Share reaction
-13.1% in the first session after the results on August 27, 2026, against +0.4% for the S&P 500
Guidance given
total sales growth 10% to 11% (Fiscal Year 2026 (the 52-weeks ending January 30, 2027)); comparable store sales growth 3% to 4% (Fiscal Year 2026 (the 52-weeks ending January 30, 2027))
Next report
November 27, 2026; average EPS estimate $1.73

Burlington Stores' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.7%
  • 1 week-1.0%
  • 1 month-13.3%
  • This year-17.3%
  • 1 year-12.7%
  • 5 years-17.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$12.2B
Net margin
5.8%
EPS (TTM, diluted)
$11.13

Growth

Revenue growth
+10.9%
Change in growth rate
+0.3 pts
Share count change
−0.4%

Cash

Free cash flow (TTM)
$413M
FCF margin
3.4%
Stock pay % of revenue
1.0%

Earnings

Last results
August 27, 2026
Next results (est.)
November 24, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Burlington Stores, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($34.17) was left out of our combined valuation (it is 0.14x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Burlington Stores, Inc.'s free cash flow after stock-based pay ( $126M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Burlington Stores, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.04 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$34 ~$21–$51 Left out: out of range vs price (0.14x)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$180 ~$140–$240 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$160 ~$120–$210 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$170 ~$150–$200 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Burlington Stores, Inc. with Apparel Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$53.73$80.91$115.75$171.87$217.47$248.90$230.29$226.38$196.73$283.93$295.86$238.78
Market value$4.1bn$5.8bn$8.1bn$11.8bn$14.6bn$16.4bn$15.7bn$14.9bn$12.8bn$18.3bn$19.0bn$15.3bn
+ Net debt (− = net cash)−$21m−$82m−$133m−$112m−$403m−$1.4bn−$1.1bn−$873m−$925m−$995m−$1.2bn$1.2bn
Enterprise value$4.0bn$5.7bn$8.0bn$11.7bn$14.2bn$15.0bn$14.6bn$14.0bn$11.8bn$17.3bn$17.7bn$16.5bn
Multiples
Price / sales 0.8x1.0x1.3x1.8x2.0x2.8x1.7x1.7x1.3x1.7x1.6x1.3x
Price / earnings 26.9x26.9x21.1x28.5x31.5x—68.2x64.8x37.6x36.4x31.1x21.5x
Price / free cash flow 29.5x13.5x24.0x34.3x26.0x—32.6x100.1x34.0x—110.6x37.1x
EV / EBITDA ————————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

53 /100

Moderate moat

How hard Burlington Stores's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 17 / 20

    Cash operating profit has been a median 12.9% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 41.6%, moving by 2.0 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Net margin has been a median 4.4%; its worst year was -1.3%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.8% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.5% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (58 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 27, 2026, before the open. Analysts expect revenue of $3.0bn and EPS of $1.73 (range $1.65 to $1.95) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $11.80 +21% $12.8bn +11%
Next $13.65 +16% $14.0bn +9%

Next year's EPS estimate has moved −1.1% in 90 days, across 18 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.0% on 90 days ago. In the last 30 days, 9 analysts raised Burlington Stores, Inc.'s forecast and 9 cut it.

Consensus EPS forecast Burlington Stores, Inc., last 90 days
$11.00 $12.00 $13.00 $14.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $11.80 Current fiscal year, 60 days ago: $11.83 Current fiscal year, 30 days ago: $11.80 Current fiscal year, 7 days ago: $11.79 Current fiscal year, Now: $11.80 $11.80 Next fiscal year, 90 days ago: $13.79 Next fiscal year, 60 days ago: $13.71 Next fiscal year, 30 days ago: $13.68 Next fiscal year, 7 days ago: $13.69 Next fiscal year, Now: $13.65 $13.65

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $11.80$13.79
60 days ago $11.83$13.71
30 days ago $11.80$13.68
7 days ago $11.79$13.69
Now $11.80$13.65

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $2.19 $2.96 +35.4%
Apr 2026 $1.80 $2.01 +11.4%
Jan 2026 $4.75 $4.89 +2.9%
Oct 2025 $1.64 $1.68 +2.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 27, 2026
  • Total sales Fiscal Year 2026 (the 52-weeks ending January 30, 2027) 10% growth to 11% growth
    “Total sales to increase in the range of 10% to 11% on top of the 9% increase during Fiscal 2025; this assumes comparable store sales will increase in the range of 3% to 4%, on top of the 2% increase during Fiscal 2025;” source
  • Total sales the third quarter of Fiscal 2026 (the 13-weeks ending October 31, 2026) 9% growth to 11% growth
    “Total sales to increase in the range of 9% to 11%; this assumes comparable store sales will increase in the range of 1% to 3% versus the third quarter of Fiscal 2025;” source
  • Adjusted EPS Fiscal Year 2026 (the 52-weeks ending January 30, 2027) $11.77 to $11.97 Non-GAAP Raised
    “Adjusted EPS in the range of $11.77 to $11.97, as compared to $10.17 of Adjusted EPS last year; excluding $12 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2026 and $26 million in Fiscal 2025.” source
  • EPS growth Fiscal 2026 16% growth to 18% growth Raised
    “Our updated Fiscal 2026 guidance is for comp growth of 3% to 4% and EPS growth of 16% to 18%.” source
  • EPS growth Fall 7% growth to 10% growth Non-GAAP Maintained
    “Excluding the $55 million planned tariff refund reinvestment, our underlying Fall guidance assumptions for EBIT margin improvement and earnings growth are unchanged versus prior guidance, estimated EBIT margin improvement of 10 to 30 basis points and EPS growth of 7% to 10%.” source
  • Adjusted EPS the third quarter of Fiscal 2026 (the 13-weeks ending October 31, 2026) $1.60 to $1.70 Non-GAAP
    “Adjusted EPS in the range of $1.60 to $1.70, as compared to $1.80 in Adjusted EPS last year; excluding $2 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in the third quarter of Fiscal 2026 and $8 million in the third quarter of Fiscal 2025.” source
Show 10 more items
  • EBIT margin improvement (basis points) Fall 10% to 30% Non-GAAP Maintained
    “Excluding the $55 million planned tariff refund reinvestment, our underlying Fall guidance assumptions for EBIT margin improvement and earnings growth are unchanged versus prior guidance, estimated EBIT margin improvement of 10 to 30 basis points and EPS growth of 7% to 10%.” source
  • comparable store sales Fiscal Year 2026 (the 52-weeks ending January 30, 2027) 3% growth to 4% growth
    “Total sales to increase in the range of 10% to 11% on top of the 9% increase during Fiscal 2025; this assumes comparable store sales will increase in the range of 3% to 4%, on top of the 2% increase during Fiscal 2025;” source
  • Capital expenditures, net of landlord allowances Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about $875m
    “Capital expenditures, net of landlord allowances, to be approximately $875 million.” source
  • net new stores Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about 115
    “To open approximately 115 net new stores;” source
  • Depreciation and amortization Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about $460m
    “Depreciation and amortization to be approximately $460 million;” source
  • Net interest expense Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about $55m
    “Net interest expense to be approximately $55 million;” source
  • Adjusted Effective Tax Rate Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about 25% Non-GAAP
    “An Adjusted Effective Tax Rate of approximately 25%; and” source
  • fully diluted share count Fiscal Year 2026 (the 52-weeks ending January 30, 2027) about 64m
    “This assumes a fully diluted share count of approximately 64 million shares.” source
  • comparable store sales the third quarter of Fiscal 2026 (the 13-weeks ending October 31, 2026) 1% growth to 3% growth
    “Total sales to increase in the range of 9% to 11%; this assumes comparable store sales will increase in the range of 1% to 3% versus the third quarter of Fiscal 2025;” source
  • Adjusted Effective Tax Rate the third quarter of Fiscal 2026 (the 13-weeks ending October 31, 2026) about 26% Non-GAAP
    “An Adjusted Effective Tax Rate of approximately 26%; and” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Burlington Stores, Inc.'s revenue by +9.9% next year and +10.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+9.7%, weight 56%) , management guidance (+9.3%, weight 19%) and the company's own record (+10.6%, weight 25%) . How the weights are set.

Analyst recommendations

19 analysts, Oct 2026
Buy1474%
Hold526%
Sell00%

Monthly trend

  1. Oct 2026311519
  2. Sep 2026310619
  3. Aug 2026310619
  4. Jul 2026211518

Counts of recommendations published by analysts covering Burlington Stores, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.8%
of tradable shares
Days to cover
2.19
at average volume
Short interest, 1 month
+6%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.6%
of shares
Employees
17,495
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −12.7%

$273.59 on October 31, 2025 to $238.78

ThenNowEffect
Revenue (last 12 months) $11.0bn $12.2bn +10.9%
Net margin 5.0% 5.8% +17.9%
P/E multiple 32.3x 21.5x −33.5%
Share count 64m 64m +0.4%

Biggest factor: p/e multiple.

Last 3 years +80.3%

$132.46 on November 3, 2023 to $238.78

ThenNowEffect
Revenue (last 12 months) $9.1bn $12.2bn +34.3%
Net margin 2.9% 5.8% +100.2%
P/E multiple 32.6x 21.5x −34.2%
Share count 65m 64m +1.8%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BURL+12%−30%−4%+47%+1%−17%
Industry peers (median)+70%−43%+11%+9%+11%−6%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BURL42%42%42%58%50%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BURL−25%−62%−50%−24%−27%−39%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 69% from August 11, 2021 to September 29, 2022. Getting back needed a 221% gain, reached on July 16, 2026, 1386 days after the low.

Price behaviour

52-week range
$227.28 – $372.19
From 52-week high
−35.8%
vs 50-day average
−8.1%
vs 200-day average
−22.3%
Volatility (1 year)
40%
Beta vs S&P 500
0.75

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±7.2%
After a week
5 up, 7 down
typical move ±8.1%
After a month
5 up, 7 down
typical move ±9.0%
Results releasedNext dayS&P 500 next day5 days21 days
August 27, 2026 −13.1% +0.4% −17.7% −15.2%
May 28, 2026 −0.7% +0.8% −1.3% −3.7%
March 5, 2026 +1.6% −1.9% −2.6% +12.4%
November 25, 2025 −8.4% +1.6% −12.5% +2.1%
August 28, 2025 +3.7% −0.2% +3.9% −8.0%
May 29, 2025 −4.3% +0.3% +1.8% −2.5%
March 6, 2025 +1.4% −1.2% −3.6% −2.3%
November 26, 2024 −1.1% +0.2% −0.3% +0.1%
August 29, 2024 −1.7% +1.0% −4.8% −3.4%
May 30, 2024 +19.8% +0.2% +16.7% +16.3%
March 7, 2024 +5.0% +0.4% +6.1% −3.2%
November 21, 2023 +25.6% +0.2% +25.5% +39.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Burlington Stores, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Burlington Stores, Inc.
$9B $10B $11B $12B $13B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $9.3B Revenue (TTM), FY24 Q4: $9.7B Revenue (TTM), FY25 Q1: $10B Revenue (TTM), FY25 Q2: $10.2B Revenue (TTM), FY25 Q3: $10.5B Revenue (TTM), FY25 Q4: $10.6B Revenue (TTM), FY26 Q1: $10.8B Revenue (TTM), FY26 Q2: $11B Revenue (TTM), FY26 Q3: $11.2B Revenue (TTM), FY26 Q4: $11.6B Revenue (TTM), FY27 Q1: $11.9B Revenue (TTM), FY27 Q2: $12.2B $12.2B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $9.3B
FY24 Q4 $9.7B
FY25 Q1 $10B
FY25 Q2 $10.2B
FY25 Q3 $10.5B
FY25 Q4 $10.6B
FY26 Q1 $10.8B
FY26 Q2 $11B
FY26 Q3 $11.2B
FY26 Q4 $11.6B
FY27 Q1 $11.9B
FY27 Q2 $12.2B
Revenue growth, TTM YoY Burlington Stores, Inc.
6% 8% 10% 12% 14% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: 9.1% Revenue growth, TTM YoY, FY24 Q4: 11.8% Revenue growth, TTM YoY, FY25 Q1: 11.7% Revenue growth, TTM YoY, FY25 Q2: 12.6% Revenue growth, TTM YoY, FY25 Q3: 12.2% Revenue growth, TTM YoY, FY25 Q4: 9.3% Revenue growth, TTM YoY, FY26 Q1: 8.3% Revenue growth, TTM YoY, FY26 Q2: 7.6% Revenue growth, TTM YoY, FY26 Q3: 6.8% Revenue growth, TTM YoY, FY26 Q4: 8.8% Revenue growth, TTM YoY, FY27 Q1: 10.6% Revenue growth, TTM YoY, FY27 Q2: 10.9% 10.9%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 9.1%
FY24 Q4 11.8%
FY25 Q1 11.7%
FY25 Q2 12.6%
FY25 Q3 12.2%
FY25 Q4 9.3%
FY26 Q1 8.3%
FY26 Q2 7.6%
FY26 Q3 6.8%
FY26 Q4 8.8%
FY27 Q1 10.6%
FY27 Q2 10.9%
FCF margin (TTM) Burlington Stores, Inc.
-4% -2% 0% 2% 4% 6% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 4.8% FCF margin (TTM), FY24 Q4: 3.9% FCF margin (TTM), FY25 Q1: 4.4% FCF margin (TTM), FY25 Q2: 3.7% FCF margin (TTM), FY25 Q3: 1.9% FCF margin (TTM), FY25 Q4: -0.2% FCF margin (TTM), FY26 Q1: -3.2% FCF margin (TTM), FY26 Q2: -2.8% FCF margin (TTM), FY26 Q3: -3.2% FCF margin (TTM), FY26 Q4: 1.5% FCF margin (TTM), FY27 Q1: 3.2% FCF margin (TTM), FY27 Q2: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 4.8%
FY24 Q4 3.9%
FY25 Q1 4.4%
FY25 Q2 3.7%
FY25 Q3 1.9%
FY25 Q4 -0.2%
FY26 Q1 -3.2%
FY26 Q2 -2.8%
FY26 Q3 -3.2%
FY26 Q4 1.5%
FY27 Q1 3.2%
FY27 Q2 3.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 3.9 4.2 4.5 4.8 5.1 5.6 6.1 6.7 7.3 5.8 9.3 8.7 9.7 10.6 11.6 12.2
Gross profit — — — — — 2.3 2.6 2.8 3.1 2.2 3.9 3.5 4.1 4.6 5.1 5.4
Net income −0.0 0.0 0.0 0.1 0.2 0.2 0.4 0.4 0.5 −0.2 0.2 0.2 0.3 0.5 0.6 0.7
Diluted EPS −$1.40 −$1.35 −$1.95 $0.87 $1.99 $3.01 $5.48 $6.04 $6.91 −$3.28 $6.00 $3.49 $5.23 $7.80 $9.51 $11.13
Growth (year on year)
Revenue — +7.2% +7.1% +8.7% +5.8% +9.0% +9.3% +9.1% +9.3% −20.9% +61.7% −6.6% +11.8% +9.3% +8.8% +10.9%
Net income — — — — — +43.5% +78.3% +7.8% +12.1% −146.5% — 0.0% +47.6% +48.3% +21.1% +30.7%
Diluted EPS — — — — — +51.3% +82.1% +10.2% +14.4% −147.5% — −41.8% +49.9% +49.1% +21.9% +31.2%
Margins
Gross margin — — — — — 41.0% 41.7% 42.0% 42.0% 38.3% 41.7% 40.6% 42.6% 43.3% 43.9% 44.6%
Net margin −0.2% 0.6% 0.4% 1.4% 2.9% 3.9% 6.3% 6.2% 6.4% −3.8% 2.5% 2.6% 3.5% 4.7% 5.3% 5.8%
Free-cash-flow margin 2.5% 6.9% 2.7% 1.7% 2.7% 7.7% 5.5% 5.2% 7.7% −0.9% 5.2% 1.7% 3.9% −0.2% 1.5% 3.4%
Cash flow
Cash from operations 0.2 0.5 0.3 0.3 0.3 0.6 0.6 0.6 0.9 0.2 0.8 0.6 0.9 0.9 1.2 1.4
Capital spending 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.9 1.1 1.0
Free cash flow 0.1 0.3 0.1 0.1 0.1 0.4 0.3 0.3 0.6 −0.1 0.5 0.1 0.4 −0.0 0.2 0.4
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow after stock pay 0.1 0.3 0.1 0.1 0.1 0.4 0.3 0.3 0.5 −0.1 0.4 0.1 0.3 −0.1 0.1 0.3
Balance sheet
Cash 0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.4 1.4 1.1 0.9 0.9 1.0 1.2 0.7
Total debt — — — — — — — — — — — — — — — 1.9
Net debt (negative = net cash) −0.0 −0.0 −0.1 −0.0 −0.0 −0.1 −0.1 −0.1 −0.4 −1.4 −1.1 −0.9 −0.9 −1.0 −1.2 1.2
Diluted shares 99m 101m 74m 76m 75m 72m 70m 69m 67m 66m 68m 66m 65m 65m 64m 64m
Returned to shareholders
Dividends 0.3 0.0 0.3 — — — — — — — — — — — — —
Buybacks — — — 0.0 0.2 0.2 0.3 0.2 0.3 0.1 0.3 0.3 0.2 0.3 0.3 0.3
Total returned 0.3 0.0 0.3 0.0 0.2 0.2 0.3 0.2 0.3 0.1 0.3 0.3 0.2 0.3 0.3 0.3

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 5 checks passed · August 1, 2026
What it owns · $10.0bn
Short-term assets $2.6bnLonger-term assets $7.5bn
What it owes, and who funded it · $4.2bn
Short-term liabilities $2.2bnShareholders' equity $2.0bn
  • Short-term assets cover short-term liabilities $2.6bn of assets due within a year against $2.2bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $704m of cash against $1.9bn of debt.
  • Debt below 40% of shareholders' equity Debt is 95% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 201% to 95% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.4bn of operating cash flow against $1.9bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Burlington Stores, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2027 Q2 TTM
Buybacks (TTM)
$346M
Buybacks, last 3 fiscal years
$778M
Diluted share count
−0.4%
year over year
Total shareholder yield
2.3%
dividends 0.0% + buybacks 2.3% of market value
Sales & admin spending
32.8%
of revenue
Days sales outstanding
4 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in apparel retail
Last 12 months unless stated BURL GAP VSXY URBN ROST AEO Median
Revenue, last 12 months $12.2bn $15.3bn $6.9bn $6.5bn $24.5bn $5.7bn $1.1bn
Revenue growth, last 12 months 10.9% 1.1% 10.3% 11.0% 14.0% 9.2% 4.2%
Revenue growth, 3-year average 10.3% 0.5% 3.8% 9.4% 8.5% 4.6% 0.9%
Revenue growth, latest quarter 11.0% −2.0% 10.4% 10.4% 13.3% 7.5% 4.4%
Gross margin 44.6% 43.3% 39.6% 37.5% 29.7% 40.5% 40.1%
Operating margin — 11.0% 7.9% 11.3% 13.7% 7.8% 2.0%
Operating margin, 3-year average — 8.3% 5.6% 9.4% — 6.2% 0.2%
Net margin 5.8% 8.1% 5.5% 8.8% 10.8% 5.9% 1.5%
Cash from operations / revenue 11.6% 10.0% 11.0% 11.1% 14.9% 10.4% 4.9%
Free-cash-flow margin 3.4% 6.2% 8.0% 4.6% 11.4% 6.0% 2.9%
Free-cash-flow margin, 3-year average 1.4% 6.4% 5.0% 5.3% 9.0% 4.8% 1.7%
Stock pay / revenue 1.0% 1.1% 0.8% 0.5% 0.8% 0.7% 0.7%
Change in share count −0.4% −1.0% 4.0% −3.9% −1.8% −5.7% −0.3%

Median of all 28 companies we cover in apparel retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

28 apparel retail companies
Measure Company Peer median Rank
Revenue growth Growth 10.9% 4.7% 7 of 28
Change in growth rate Growth +0.3pp -0.2pp 11 of 28
Gross margin Profitability 44.6% 40.5% 9 of 26
Net margin Profitability 5.8% 1.7% 10 of 28
Free-cash-flow margin Cash generation 3.4% 3.0% 13 of 28
Stock pay as % of revenue Cash generation 1.0% 0.7% 20 of 26
Long-term debt as % of assets Balance sheet 18.9% 11.6% 11 of 13
Change in share count Balance sheet -0.4% -0.3% 13 of 27
Days sales outstanding Balance sheet 4 days 6 days 3 of 12

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$20.5B
Institutions reporting
652
Shares held vs prior quarter
0.0%
Positions opened / closed
85 / 60

Top buyers and sellers, Q2 2026: 359 institutions bought and 276 sold ; the biggest buyer was Goldman Sachs Group Inc (+405K shares) and the biggest seller Capital World Investors (−896K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $2.2B 6.8M 10.5% ▲ 4.2%
Jpmorgan Chase & Co $2B 6.3M 9.6% ▼ 3.4%
Capital International Investors $1.7B 5.5M 8.5% ▼ 11.4%
Vanguard Portfolio Management LLC $981M 3.1M 4.8% ▲ 2.3%
Vanguard Capital Management LLC $901M 2.8M 4.4% ▲ 1.2%
T. Rowe Price Investment Management, Inc. $807M 2.5M 3.9% ▼ 8.9%
State Street Corp $743M 2.3M 3.6% ▲ 5.2%
Morgan Stanley $669M 2.1M 3.3% ▼ 6.9%
AQR Capital Management LLC $450M 1.5M 2.2% ▲ 8.4%
Geode Capital Management, LLC $404M 1.3M 2.0% ▲ 0.5%
FMR LLC $381M 1.2M 1.9% ▲ 0.2%
SRS Investment Management, LLC $341M 1.1M 1.7% ▼ 7.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Burlington Stores, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $16.4M 84 trades by 6 insiders · 27% under pre-set plans
Net ▼ $16.4M net selling
Insider Date Trade Shares Price Value
Vecchio Jennifer Group President and CMO October 1, 2026 Sell pre-set plan 344 $273.22 $93,988
Vecchio Jennifer Group President and CMO October 1, 2026 Sell pre-set plan 380 $272.17 $103,425
Vecchio Jennifer Group President and CMO October 1, 2026 Sell pre-set plan 591 $271.32 $160,350
Vecchio Jennifer Group President and CMO October 1, 2026 Sell pre-set plan 262 $270.04 $70,750
Vecchio Jennifer Group President and CMO October 1, 2026 Sell pre-set plan 101 $268.52 $27,121
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 440 $263.62 $115,993
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 212 $254.54 $53,962
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 307 $255.94 $78,574
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 162 $257.16 $41,660
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 117 $258.57 $30,253
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 136 $260.76 $35,463
Vecchio Jennifer Group President and CMO September 1, 2026 Sell pre-set plan 186 $262.09 $48,749

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 13 trades and filings

No trades in Burlington Stores, Inc. disclosed in the last 12 months; 13 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded September 11, 2025, filed October 22, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded August 13, 2025, filed September 12, 2025
  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded June 17, 2025, filed August 13, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 24, 2026 estimated from the company's past filing pattern, not announced

  • August 27, 2026
  • May 28, 2026
  • March 5, 2026
  • November 25, 2025
  • August 28, 2025
  • May 29, 2025

Recent SEC filings

Data status

When each part of this page on Burlington Stores, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Burlington Stores, Inc. in brief

What does Burlington Stores, Inc. do?
Burlington Stores, Inc. is a US-listed company in the apparel retail industry. Its financial year ends in January.
What is Burlington Stores, Inc.'s stock ticker?
Burlington Stores, Inc. trades under the ticker BURL on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Burlington Stores, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Burlington Stores, Inc. reported revenue of $12.2B, 10.9% higher than a year earlier, according to its SEC filings.
What is Burlington Stores, Inc.'s free cash flow?
Burlington Stores, Inc.'s free-cash-flow margin is 3.4% of revenue over the trailing twelve months, ranking 13 of the 28 apparel retail companies we cover.
Who are Burlington Stores, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Jpmorgan Chase & Co and Capital International Investors. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Burlington Stores, Inc. buying back stock, and does it pay a dividend?
Burlington Stores, Inc. spent $346M on share repurchases over the trailing twelve months, and its diluted share count fell 0.4% over the year.
What is Burlington Stores, Inc.'s market cap?
On November 2, 2026, Burlington Stores, Inc.'s market capitalisation was about $15.3B, with a price-to-earnings ratio of 21.5 and net debt of $1.2B. Market figures come from third-party market data and may be delayed.
How much debt does Burlington Stores, Inc. have?
Burlington Stores, Inc.'s debt-to-equity ratio is 94.6%, from its latest balance sheet (201.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Burlington Stores, Inc.'s competitors?
In our Apparel Retail peer group, the companies closest to Burlington Stores, Inc. are GAP Inc, Victoria's Secret & Co., Urban Outfitters Inc, Ross Stores and American Eagle Outfitters Inc. The side-by-side comparison below sets their revenue, margins and growth against Burlington Stores, Inc.'s.
Are insiders buying or selling Burlington Stores, Inc. stock?
Over the last 12 months, Burlington Stores, Inc.'s directors and officers reported 0 open-market purchases and 84 sales on Form 4. The insider trading page charts every trade.
When is Burlington Stores, Inc.'s next earnings date?
Around November 27, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Burlington Stores, Inc. announces its own schedule.