What changed
BURL printed Q2 FY26 adjusted EPS of $2.37, beating consensus of $2.19 by $0.18 (+8.4%). Revenue rose 10.8% YoY to $2,998M. FY2026 adjusted EPS guidance was raised to $11.77–$11.97, with Q3 FY26 guided at $1.60–$1.70. The beat was driven by a 100 bps increase in adjusted EBIT margin, supported by a 250 bps gross margin expansion.
Why it matters
BURL printed Q2 FY26 adjusted EPS of $2.37, beating consensus of $2.19 by $0.18 (+8.4%). Revenue rose 10.8% YoY to $2,998M. FY2026 adjusted EPS guidance was raised to $11.77–$11.97, with Q3 FY26 guided at $1.60–$1.70. The beat was driven by a 100 bps increase in adjusted EBIT margin, supported by a 250 bps gross margin expansion.