Why Is BURLINGTON STORES IN (BURL) Stock Down Today?

BURLINGTON STORES stock fell 7.64% to $290.00 on August 27, 2026, as mixed earnings results and a downward revision to its full-year forecast weighed on investor sentiment. The company reported adjusted earnings per share of $2.37 for the second quarter, beating estimates, while sales of $3.002 billion fell short of the $3.020 billion expected. Despite raising its fiscal 2026 adjusted EPS guidance to $11.77, $11.97, the company warned of higher sourcing costs and issued a Q3 profit forecast that missed expectations.

What Happened

Burlington Stores reported a 10.6% year-to-date revenue increase and improved operating margins, but its Q2 revenue miss and slower comp sales growth raised concerns. The company cited persistent gas-price spikes as a drag on its core customer base, according to a benzinga report. In response to rising costs, Burlington announced plans to reinvest approximately $55 million in tariff refunds into lower prices and customer value initiatives. However, the stock reacted negatively to the revised full-year profit outlook, which now anticipates 3% to 4% comparable store sales growth, down from prior expectations.

What The Data Shows

The stock has fallen 10.0% over the past eight sessions, from $336.95 to $303.21. Recent insider transactions show six sales totaling $13.1 million over the last 90 days, with no insider purchases recorded. On August 27, the stock hit a 52-week low for the 30th time. Options activity showed a notable $345,000 put premium, indicating bearish positioning. The stock currently trades at a P/E of 32.3, with a market cap of $19.6 billion.

What To Watch

The company’s next catalyst will be its third-quarter earnings report. Investors will closely watch how the company navigates elevated sourcing costs and whether its pricing strategy translates into improved sales performance.