Burlington Stores reported second-quarter revenue of $3.00 billion, an 11% increase that missed the $3.03 billion analyst forecast. Same-store sales rose 2%, below the projected 3% growth. Profit rose to $184.3 million, or $2.88 per share, up from $94.2 million, or $1.47 a share, a year earlier.

Adjusted earnings per share, excluding tariff refunds and bankruptcy-related lease expenses, were $2.37, surpassing the $2.19 expected by analysts. The company received $55 million in tariff refunds during the quarter and plans to fully reinvest them to lower prices for shoppers, aiming to address rising living costs. CEO Michael O’Sullivan stated the refunds will make deals "even better" and confirmed the reinvestment has a neutral impact on annual guidance.

Burlington raised its full-year adjusted EPS guidance to $11.77–$11.97 from $11.45–$11.80 and narrowed its sales outlook to 10%–11% growth, down from 9%–11%. For the current quarter, it expects adjusted EPS of $1.60–$1.70, below the $2.04 analyst estimate, while forecasting 9%–11% sales growth.