Burlington Stores Inc. (NYSE:BURL) shares are trading lower on Friday. On Thursday, the company reported fourth-quarter 2025 results that beat analyst estimates on both revenue and adjusted earnings.

• Burlington Stores shares are sliding. What’s weighing on BURL shares?

Earnings Snapshot

Total sales rose 11% to $3.65 billion, topping the $3.57 billion estimate. Adjusted EPS of $4.99 beat the $4.75 consensus, and came in above the company's own guidance range of $4.50–$4.70. GAAP diluted EPS was $4.84.

For the first quarter of FY26, the company guided adjusted EPS of $1.60–$1.75, below the $1.82 estimate, and sales of $2.73–$2.78 billion, which brackets the $2.77 billion consensus.

For FY26, Burlington guided adjusted EPS of $10.95–$11.45 versus the $11.26 estimate and sales of $12.49–$12.72 billion, above the $12.62 billion consensus.

Telsey Advisory Group analyst Dana Telsey raised the price forecast from $350 to $365, while maintaining an Outperform rating.

Analyst View

The analyst wrote the company delivered a strong fourth quarter, with revenue growth and gross margin expansion exceeding consensus, driving an EPS beat.

FY26 outlook was encouraging, with projected comp growth of 1%–3% above its typical zero percent–2% range, and management saw potential upside as the company was well-positioned to pursue sales aggressively, added the analyst.

Telsey said off-price demand remained strong, benefiting the company, while continued store expansion, relocations and strategic acquisitions provide further growth opportunities.

Estimates Raised

Following a strong fourth quarter and continued off-price channel momentum, the analyst raised FY26 estimates.

Telsey expected comps of 3.1% (up from 2.5%), driving total sales growth of 10.3% Y/Y to $12.741 billion (previously $12.548 billion).

The analyst now expected FY26 EPS of $11.36 (including nine cent lease acquisition costs), up from $11.18, compared with $9.76 in FY25 and prior consensus of $11.17.

BURL Price Action: Burlington Stores shares are down 5.20% at $304.30 at publication on Friday.

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