Burlington Stores, Inc. announced its results for the second quarter of 2025, showcasing impressive growth in total sales and comparable store sales.
The company reported a net income of $94 million and diluted earnings per share of $1.47.
Adjusted EBIT margin increased by 120 basis points, and adjusted EPS grew by 39% to $1.72, excluding certain expenses associated with bankruptcy acquired leases.
Total Sales Growth
Total sales increased by 10% compared to the previous year.
Adjusted EPS Guidance
Full-year adjusted EPS guidance raised to $9.19 to $9.59, excluding anticipated expenses related to bankruptcy acquired leases.
Margin Improvement
Gross margin rate increased by 90 basis points, with merchandise margin expanding by 60 basis points.
SG&A Expenses
Adjusted SG&A decreased to 26.7% of net sales, excluding expenses associated with bankruptcy acquired leases.
Earnings Performance
Net income rose to $94 million, with adjusted net income reaching $110 million.
- Burlington Stores demonstrated a strong financial performance in the second quarter, driven by robust sales growth and margin expansion.
- The company's strategic initiatives, labeled as Burlington 2.0 strategies, showed promising early results with the potential to drive long-term performance.
Burlington Stores' exceptional second-quarter results and raised guidance reflect its solid performance and strategic direction for future growth. The company's focus on margin improvement and earnings growth signals a positive outlook for investors.