What is Zacks Research’s Estimate for BURL Q1 Earnings?

Burlington Stores, Inc. (NYSE:BURL) – Equities researchers at Zacks Research upped their Q1 2028 earnings per share estimates for Burlington Stores in a report released on Thursday, June 11th. Zacks Research analyst Team now forecasts that the company will post earnings of $2.48 per share for the quarter, up from their previous estimate of $1.91. The consensus estimate for Burlington Stores’ current full-year earnings is $11.71 per share. Zacks Research also issued estimates for Burlington Stores’ Q1 2029 earnings at $2.68 EPS.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings data on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.80 billion. Burlington Stores had a return on equity of 39.93% and a net margin of 5.24%.The business’s revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.60 earnings per share. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS.

Several other equities analysts also recently issued reports on BURL. Wall Street Zen upgraded Burlington Stores from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. JPMorgan Chase & Co. dropped their target price on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Jefferies Financial Group reissued a “buy” rating and set a $365.00 target price on shares of Burlington Stores in a report on Friday, May 29th. Evercore reissued an “outperform” rating and set a $375.00 target price on shares of Burlington Stores in a report on Thursday, March 5th. Finally, Citigroup boosted their target price on Burlington Stores from $351.00 to $380.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Fifteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Burlington Stores presently has a consensus rating of “Moderate Buy” and an average target price of $353.56.

Burlington Stores Stock Performance

Shares of NYSE BURL opened at $338.08 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.49 and a debt-to-equity ratio of 1.03. The stock has a 50 day simple moving average of $321.40 and a 200-day simple moving average of $304.49. The company has a market cap of $21.28 billion, a PE ratio of 34.75, a P/E/G ratio of 1.82 and a beta of 1.46. Burlington Stores has a 12-month low of $218.52 and a 12-month high of $351.85.

Insider Activity at Burlington Stores

In related news, COO Travis Marquette sold 3,759 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at $8,636,212.50. The trade was a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Matthew Pasch sold 3,773 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $317.21, for a total value of $1,196,833.33. Following the sale, the insider directly owned 6,523 shares in the company, valued at approximately $2,069,160.83. The trade was a 36.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Stone House Investment Management LLC bought a new position in shares of Burlington Stores in the fourth quarter valued at $25,000. Harbour Investments Inc. increased its holdings in shares of Burlington Stores by 44.7% in the fourth quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock valued at $32,000 after buying an additional 34 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of Burlington Stores in the third quarter valued at $28,000. Reflection Asset Management bought a new position in shares of Burlington Stores in the fourth quarter valued at $34,000. Finally, Larson Financial Group LLC increased its holdings in shares of Burlington Stores by 180.0% in the fourth quarter. Larson Financial Group LLC now owns 126 shares of the company’s stock valued at $36,000 after buying an additional 81 shares in the last quarter.

Key Stories Impacting Burlington Stores

Here are the key news stories impacting Burlington Stores this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Burlington Stores (BURL) for FY2027, FY2028, FY2029, and Q2 2028, suggesting expectations remain constructive for the company’s longer-term profit outlook.
• Positive Sentiment: The company continues to expand its store base, including a newly announced opening date for an Oshkosh location, which points to ongoing growth in its off-price retail footprint.
• Neutral Sentiment: Previous earnings results were strong, with Burlington beating estimates on both EPS and revenue and issuing guidance above Wall Street expectations, which still supports the stock’s fundamental backdrop.
• Neutral Sentiment: An insider sale was reported, which can draw attention but does not necessarily indicate a change in the company’s business outlook.
• Negative Sentiment: Zacks Research trimmed estimates for several near-to-medium-term quarters, including Q3 2027, Q4 2027, Q3 2028, and Q4 2028, which may have weighed on sentiment around near-term earnings momentum.
• Negative Sentiment: Unusual options activity showed a sharp increase in put buying, often a sign that some investors are positioning for more downside or hedging risk in BURL.

Burlington Stores Company Profile

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.