Burlington Q1 sales jump 14% on 6% comps and 127 new stores; tariff risks escalate

Filed May 28, 2026 · Period ending May 2, 2026 · Compared to 10-Q May 30, 2025 · ~1 min read

Key Changes

• high

  Net sales rose 14.1% to $2.85B driven by 6% comparable store sales growth (vs. flat prior year) and 127 net new stores opened year-over-year, accelerating toward 2,000-store target.

  MD&A: Net Sales Growth verify on EDGAR →
• high

  Company added explicit disclosure of 2025 U.S. tariff actions on China imports, warning it may not be able to raise prices enough to offset tariff-driven cost increases.

  Risk Factors: Tariffs verify on EDGAR →
• high

  Exchanged $111M of 2027 convertible notes for $128.6M cash plus 150,831 shares, incurring $15.3M one-time charge and diluting shareholders to reduce future debt.

  MD&A: Convertible Notes verify on EDGAR →