01:11 PM EDT, 08/28/2025 (MT Newswires) -- Burlington Stores ( BURL ) and Ollie's Bargain Outlet (OLLI) increased their respective full-year guidance Thursday after the off-price retailers' fiscal second-quarter results surpassed Wall Street's estimates.

For its fiscal 2025, Burlington now expects adjusted per-share earnings of $9.19 to $9.59, compared with its prior outlook of $8.70 to $9.30. The company now projects sales to grow 7% to 8% and comparable store sales to increase 1% to 2%, compared with its previous guidance ranges of 6% to 8% growth and flat to 2% increase, respectively. Analysts polled by FactSet are looking for adjusted EPS of $9.26 and comparable store sales growth of 1.4%.

For the quarter through Aug. 2, Burlington's adjusted EPS rose to $1.59 from $1.20 a year earlier, exceeding the $1.28 consensus estimate. Net sales improved to $2.70 billion from $2.46 billion, ahead of analysts' $2.63 billion view. Comparable store sales increased 5%, according to the company.

"This was a high-quality earnings beat driven by ahead of plan sales, higher merchandise margin, lower freight expense and leverage on (selling, general, and administrative) expenses," Burlington Chief Executive Michael O'Sullivan said in a statement. "The third quarter is off to a solid start."

Burlington shares were up 6.9% in Thursday afternoon trade.

The company remains "concerned about the external outlook" for the back half of the year and is maintaining its comparable store sales outlook of flat to 2% growth for the third and fourth quarters, O'Sullivan said on an earnings conference call, according to a FactSet transcript. Burlington's new full-year outlook assumes that it will be able to offset most of the incremental tariff pressure, O'Sullivan added.

Separately, Ollie's boosted its fiscal 2025 adjusted EPS outlook to a range of $3.76 to $3.84 from $3.65 to $3.75 previously. It now pegs full-year net sales at $2.63 billion to $2.64 billion, compared with its prior outlook of $2.58 billion to $2.6 billion. Comparable store sales are now projected to increase 3% to 3.5%, faster than its previous growth estimate of 1.4% to 2.2%. The Street is looking for adjusted EPS of $3.76, revenue of $2.60 billion, and same-store sales growth of 2.4%.

Second-quarter adjusted EPS rose to $0.99 from $0.78 a year earlier, while analysts expected $0.93. Net sales surged nearly 18% to $679.6 million, ahead of the Street's $662 million view. Comparable sales increased 5%, topping the market's growth estimate of 1.9%. Shares of Ollie's were down 1.9%.

"We are committed to delivering double-digit annual unit growth moving forward," CEO Eric van der Valk told analysts. "The bankruptcy filing and subsequent store closures of a number of retailers over the past year have provided a unique opportunity to pick up additional stores that are well-suited for our business model."

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