Burlington Stores, Inc. (BURL)
The company now
Burlington Stores reported sales of $2,998 million for the quarter ended August 1, 2026, up 11 percent from a year earlier 3. Comparable store sales, a measure that counts only stores open in both periods, rose 2 percent 3. Net income was $184 million, or $2.88 per share, and the quarter included $55 million of tariff refunds 3.
On February 20, 2026, the U.S. Supreme Court limited the authority to impose tariffs under the International Emergency Economic Powers Act 2. The company then received refunds that cut its cost of sales by $55.5 million in the quarter 2.
Chief executive Michael O'Sullivan said the company intends to put the refunds back into sharper prices for shoppers in the second half of the year, so the direct effect on full-year earnings is neutral 3. The company also says it is selecting a site to relocate its corporate headquarters, and the timing and cost are still uncertain 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.