Burlington Stores, Inc. BURL

Revenue Intelligence Report • 54 quarters of SEC filing data • Updated 2026-10-14 • Data through 2026-08-01

Burlington Stores, Inc.'s latest quarterly revenue is $3.0B for the period ending 2026-08-01. The model projects $13.8B across the next four quarters (+13.2% versus the preceding four quarters). The forecast uses SG&A data; model selection and estimation exclude the latest quarter, whose retrospective holdout error is 9.8%. These are statistical associations, not estimates of the causal effect of spending.

Investment Thesis

The ARDL forecast is based on reported revenue and SG&A data through 2026-08-01. Training MAPE measures fit to historical data; the separately reported holdout error measures a withheld quarter. Spending coefficients describe associations and do not establish causation.

Next 4 Quarters
$13.8B
+13.2% YoY
SG&A Multiplier
$7.82 per $1
Training Fit
5.9% MAPE
Retrospective holdout (Q2 FY2027): The model predicted $3.29B vs the actual $3.00B — an error of 9.8%.
Retrospective one-quarter holdout: model fitting and selection exclude this quarter. Historical inputs use the latest available restatements, so this is not a preserved real-time forecast.
Note: Burlington Stores, Inc. does not report R&D expenses separately. The model uses the available expense measure without a separate R&D term.

Revenue Forecast

BURL Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q2 FY2027
Period end 2026-08-01
$3.29B $3.00B $3.04B–$3.54B +21.8% ✗ Outside range
Q3 FY2027
Period end 2026-11-01
$2.94B $2.59B–$3.29B +8.8%
Q4 FY2027
Period end 2027-02-01
$3.93B $3.51B–$4.36B +8.0%
Q1 FY2028
Period end 2027-05-01
$3.23B $2.73B–$3.72B +13.2%
Q2 FY2028
Period end 2027-08-01
$3.70B $3.15B–$4.25B +23.5%

Seasonal Factors

Multiplicative seasonal adjustment: These factors capture Burlington Stores, Inc.'s systematic quarterly revenue patterns relative to the trend model. A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below. Factors are computed as the median of (actual / fitted) across all available quarters.
Fiscal QuarterSeasonal Factorvs TrendInterpretationObs.
FQ1 (Mar–May) 1.0063 +0.6% In line with trend 13
FQ2 (Jun–Aug) 1.0253 +2.5% In line with trend 12
FQ3 (Sep–Nov) 0.966 -3.4% -3.4% below trend 12
FQ4 (Dec–Feb) 1.0425 +4.2% +4.2% above trend 12

Spending and Revenue

BURL Spending Timing
Reading this chart: Each line shows the cumulative revenue association per $1 of spending over subsequent quarters. These estimates describe historical associations and do not establish causation.

Time-Varying Spending Associations

Time-varying analysis: A penalized spline model (GAM) tracks the association between log spending and log revenue over 54 quarters. Its coefficients describe conditional historical associations, not causal returns on spending.
Current SG&A elasticity: 2.8252x
The model-term chart shows relative absolute term magnitudes. Its percentages are not shares of revenue or causal contributions to growth.

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