Summary
Burlington Stores, Inc. reported a strong third quarter for fiscal year 2025, demonstrating robust revenue growth and improved profitability. Net sales increased by 7.1% to $2.71 billion, driven by both new store openings and a 1% increase in comparable store sales. This top-line growth, combined with operational efficiencies, led to a significant increase in net income, which rose 15.6% to $104.8 million for the quarter. The company continues to execute its growth strategy, expanding its store footprint while also focusing on optimizing margins through initiatives like improved markdown management and supply chain efficiencies. For the first nine months of fiscal year 2025, net sales grew 7.7% to $7.91 billion, with net income increasing by 23.4% to $299.8 million. The company's focus on comparable store sales growth, leaner inventories, and merchandising investments are contributing to these positive financial results. Burlington's financial position remains solid, supported by healthy operating cash flows and available credit facilities, enabling continued investment in store expansion and operational enhancements.
Financial Highlights
48 data points| Revenue | $2.71B |
| Cost of Revenue | $1.51B |
| Gross Profit | $1.20B |
| SG&A Expenses | $947.52M |
| Operating Expenses | $2.57B |
| Net Income | $104.75M |
| EPS (Basic) | $1.66 |
| EPS (Diluted) | $1.63 |
| Shares Outstanding (Basic) | 62.98M |
| Shares Outstanding (Diluted) | 64.07M |
Key Highlights
- 1Net sales for the three months ended November 1, 2025, increased by 7.1% to $2.71 billion compared to the prior year.
- 2Net income for the three months ended November 1, 2025, increased by 15.6% to $104.8 million, with diluted EPS rising to $1.63 from $1.40.
- 3For the nine months ended November 1, 2025, net sales grew 7.7% to $7.91 billion, and net income increased 23.4% to $299.8 million.
- 4Comparable store sales increased by 1% for the third quarter and 2% for the first nine months of fiscal 2025.
- 5Gross margin as a percentage of net sales improved to 44.2% in Q3 fiscal 2025 from 43.9% in Q3 fiscal 2024, driven by lower freight costs and higher merchandise margin.
- 6The company opened 129 new stores (including 18 relocations) during the first nine months of fiscal 2025, bringing the total store count to 1,211.
- 7The company repurchased approximately $192 million of its common stock during the first nine months of fiscal 2025 and has $444.5 million remaining under its share repurchase authorization.