EarningsQ2 2026 Earnings Report
DE:BUI Q2 2026 EPS Results
Actual EPS€2.60
Consensus EPS€1.93
Beat/MissBeat by +€0.68
One Year Ago EPS€1.40
DE:BUI Q2 2026 Revenue Results
Actual Revenue€2.64B
Expected Revenue€2.66B
Beat/MissMissed by -€20.32M
YoY Revenue Growth+10.99%
Earnings Announcement Details
QuarterQ2 2026
Date08/27/2026
TimeBefore Open
Conference CallThursday, August 27, 2026
DE:BUI Upcoming Earnings
Burlington Stores's next earnings date is estimated for November 24, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:BUI Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong underlying operating performance — double-digit total sales growth, significant EPS and margin expansion, robust new-store productivity and improved gross margins — and the company raised full-year earnings outlook. Management is electing to reinvest a $55M tariff refund into sharper customer pricing, which will pressure Q3/Q4 margins but is framed as a strategic, customer-focused move. Risks include a moderate comp trend, elevated inventories, short-term cannibalization from accelerated store openings, macro/energy-driven consumer caution and weather sensitivity for outerwear. Overall, the positive operational and financial momentum and upgraded guidance outweigh the near-term reinvestment and macro/weather headwinds.Company Guidance
Strong Earnings and Margin Expansion
Adjusted EPS increased 38% in Q2 (ex-tariff refunds) and adjusted EBIT margin expanded 100 basis points to 7%, driven by merchandise margin improvement, supply chain productivity and SG&A leverage.
Revenue Growth
Total sales grew 11% year-over-year in Q2 (vs 10% last year); comparable store sales increased 2% and 2-year comp stack was 7%.
Tariff Refunds and Strategic Reinvestment
Received approximately $55 million in tariff refunds in Q2 (added $0.64 to EPS); company intends to fully reinvest the refunds into lower prices and customer value (40% in Q3, 60% in Q4), making the refunds neutral to full-year earnings.
Upgraded Full-Year Guidance
Full-year sales guidance raised to +10% to +11%; comp store sales now +3% to +4%; adjusted EPS guidance $11.77 to $11.97 (up 16% to 18% vs FY2025); adjusted EBIT margin expected to expand 20 to 40 basis points for the year.
Aggressive New Store Growth and Productivity
Opened 51 gross / 45 net new stores in Q2 (1,287 total stores). Over the trailing 12 months opened 178 gross / 149 net. New stores average ~27,000 sq ft, estimated >$7M annual sales and payback under 2 years.
Gross Margin and Merchandise Improvement
Q2 gross margin rate was 44.3% (+60 basis points YoY); merchandise margin up 70 basis points while product sourcing costs decreased 20 basis points as a percent of sales.
Supply Chain and Distribution Progress
Supply chain delivered ~20 basis points of leverage in Q2 despite Savannah DC start-up; Savannah DC began receiving inbound product in April and is ramping outbound support, while Logan DC showed improving productivity.
Fortified Balance Sheet and Share Repurchases
Ended Q2 with ~$1.6 billion liquidity ($704M cash, $942M ABL availability, no borrowings). Repurchased $87M in the quarter ($167M YTD) with $218M remaining authorization.
DE:BUI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed