Burlingtonreason 03 of 4it makes it for less than anyone else canderived 2026-09-08accession 0001193125-26-371311
Gross margin as a percentage of net sales increased to 46.2% during the three month period ended August 1, 2026 compared with 43.7% in the prior year period
Gross margin improvement was primarily driven by $55.5 million of tariff refunds as well as improved merchandise margin
SG&A as a percentage of net sales decreased to 34.0% from 35.2% primarily driven by improvements in occupancy, selling supplies, legal reserve, and product sourcing costs
Adjusted EBITDA increased $129.6 million to $375.3 million during the second quarter
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the claims it rests on
“Gross margin as a percentage of net sales increased to 46.2% during the three month period ended August 1, 2026 compared with 43.7% in the prior year period”
“Gross margin improvement was primarily driven by $55.5 million of tariff refunds as well as improved merchandise margin”
“SG&A as a percentage of net sales decreased to 34.0% from 35.2% primarily driven by improvements in occupancy, selling supplies, legal reserve, and product sourcing costs”
“Adjusted EBITDA increased $129.6 million to $375.3 million during the second quarter”