Burlington Stores(NYSE) BURL

Burlington Stores, Inc. sells branded clothes and home goods at discount prices. The company helps families find designer fashion for lower costs. Its stores offer a treasure hunt for value-conscious shoppers.

What Burlington Sells

• Apparel and Footwear: Sells clothing for men, women, and children plus various shoe styles.
• Home and Baby: Stocks kitchenware, bedding, toys, and nursery essentials for families.
• Beauty and Accessories: Includes handbags, jewelry, and cosmetic products from multiple brands.
• Coats and Outerwear: Maintains a large selection of seasonal jackets and heavy clothing.
• Merchandise Strategy: Focuses on in-season, high-quality branded goods sold at up to 60% off traditional retail prices.

Expanding the Store Network

• Opened 91 new stores, including 12 relocations, during the six-month period ended Aug. 1, 2026.
• Acquired store leases through bankruptcy proceedings during the second quarter of Fiscal 2026.
• Expanded the retail footprint to 1,287 stores across 47 states, Washington D.C., and Puerto Rico.
• Invested $290 million in supply chain initiatives during Fiscal 2026 to support its growing store base.

How Burlington Stays Competitive

Burlington uses an opportunistic buying model to purchase merchandise when prices are lowest during the season. The company also prioritizes opening smaller 25,000 square foot stores in busy strip malls to reduce occupancy costs and increase customer convenience.

Performance by the Numbers

• Net sales rose 11.0% to $2.99 billion during the second quarter of Fiscal 2026.
• Comparable store sales increased 2% during the three-month period ended Aug. 1, 2026.
• Net income was $184.3 million in the second quarter of Fiscal 2026.
• Gross margin reached 46.2% of net sales during the second quarter of Fiscal 2026.
• The company used $167.4 million to repurchase 528,185 shares of common stock in the first half of Fiscal 2026.

Bottom Line

Burlington has transitioned from a coat specialist into a diversified national off-price retail chain. Its focus on supply chain efficiency and store expansion supports its target of reaching 2,000 locations over the long term.