$BURL
Burlington Stores, Inc.
CIK:0001579298|SEC Filings
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Aug. 01, 2026 |
Aug. 02, 2025 |
Aug. 01, 2026 |
Aug. 02, 2025 |
|
| REVENUES: | ||||
| Net sales | $ 2,997,778 | $ 2,701,026 | $ 5,850,088 | $ 5,201,101 |
| Type of Revenue [Extensible List] | us-gaap:ProductMember | us-gaap:ProductMember | us-gaap:ProductMember | us-gaap:ProductMember |
| Other revenue | $ 4,485 | $ 4,045 | $ 8,636 | $ 7,991 |
| Total revenue | 3,002,263 | 2,705,071 | 5,858,724 | 5,209,092 |
| COSTS AND EXPENSES: | ||||
| Cost of sales | 1,614,011 | 1,519,629 | 3,208,815 | 2,924,720 |
| Selling, general and administrative expenses | 1,019,173 | 949,931 | 2,008,547 | 1,817,989 |
| Costs related to debt amendments and inducement charges | 0 | 0 | 15,315 | 112 |
| Depreciation and amortization | 114,022 | 94,810 | 218,630 | 186,593 |
| Impairment charges - long-lived assets | 3,577 | 1,580 | 4,385 | 2,095 |
| Other income - net | (4,156) | (1,506) | (5,607) | (7,016) |
| Interest income | (6,140) | (4,124) | (12,301) | (8,834) |
| Interest expense | 19,659 | 17,427 | 36,154 | 33,237 |
| Total costs and expenses | 2,760,146 | 2,577,747 | 5,473,938 | 4,948,896 |
| Income before income tax expense | 242,117 | 127,324 | 384,786 | 260,196 |
| Income tax expense | 57,813 | 33,139 | 85,738 | 65,178 |
| Net income | $ 184,304 | $ 94,185 | $ 299,048 | $ 195,018 |
| Net income per common share - basic | $ 2.93 | $ 1.49 | $ 4.76 | $ 3.09 |
| Net income per common share - diluted | $ 2.88 | $ 1.47 | $ 4.67 | $ 3.05 |
| Weighted average number of common stock - basic | 62,867 | 63,061 | 62,814 | 63,075 |
| Weighted average number of common stock - diluted | 63,896 | 63,893 | 64,022 | 63,966 |
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Aug. 01, 2026 |
Jan. 31, 2026 |
Aug. 02, 2025 |
|---|---|---|---|
| Current assets: | |||
| Cash and cash equivalents | $ 703,686 | $ 1,232,525 | $ 747,619 |
| Accounts receivable—net | 128,087 | 105,296 | 111,236 |
| Merchandise inventories | 1,541,344 | 1,311,903 | 1,414,814 |
| Assets held for disposal | 2,579 | 3,364 | 417 |
| Prepaid and other current assets | 214,546 | 118,444 | 299,960 |
| Total current assets | 2,590,242 | 2,771,532 | 2,574,046 |
| Property and equipment—net | 3,389,646 | 3,164,218 | 2,836,035 |
| Operating lease assets | 3,674,007 | 3,624,786 | 3,542,956 |
| Tradenames | 238,000 | 238,000 | 238,000 |
| Goodwill | 47,064 | 47,064 | 47,064 |
| Deferred tax assets | 2,139 | 2,139 | 2,248 |
| Other assets | 102,757 | 71,318 | 68,914 |
| Total assets | 10,043,855 | 9,919,057 | 9,309,263 |
| Current liabilities: | |||
| Accounts payable | 1,108,717 | 1,019,152 | 1,024,320 |
| Current operating lease liabilities | 448,652 | 425,468 | 392,865 |
| Other current liabilities | 632,393 | 734,000 | 656,713 |
| Current maturities of long term debt and other current debt | 20,144 | 70,591 | 19,896 |
| Total current liabilities | 2,209,906 | 2,249,211 | 2,093,794 |
| Long term debt | 1,893,411 | 2,011,735 | 2,019,409 |
| Long term operating lease liabilities | 3,543,910 | 3,497,343 | 3,406,543 |
| Other liabilities | 74,723 | 75,738 | 77,097 |
| Deferred tax liabilities | 319,657 | 277,771 | 265,603 |
| Commitments and contingencies (Note 11) | |||
| Stockholders’ equity: | |||
| Preferred stock, $0.0001 par value: authorized: 50,000,000 shares; no shares issued and outstanding | |||
| Common stock, $0.0001 par value: Authorized: 500,000,000 shares Issued: 83,988,406 shares, 83,337,586 shares and 83,149,208 shares, respectively Outstanding: 62,942,206 shares, 62,717,720 shares and 63,086,660 shares, respectively | 9 | 9 | 9 |
| Additional paid-in-capital | 2,470,382 | 2,369,633 | 2,300,269 |
| Accumulated earnings | 2,396,904 | 2,097,856 | 1,682,721 |
| Accumulated other comprehensive income | 34,908 | 17,353 | 16,844 |
| Treasury stock, at cost | (2,899,955) | (2,677,592) | (2,553,026) |
| Total stockholders' equity | 2,002,248 | 1,807,259 | 1,446,817 |
| Total liabilities and stockholders' equity | $ 10,043,855 | $ 9,919,057 | $ 9,309,263 |