Burlington Stores Q1 sales down 12%, comps -18%; appoints Kristin Wolfe as CFO

Burlington Stores, Inc.

2022-Q1 EPS reported $0.24 revenue$1,929,692,000

Q1 GAAP diluted EPS $0.24 vs $2.51 prior year; adjusted EPS $0.54 vs $2.59.
Comparable store sales decreased 18% in Q1; total sales $1,926M, down 12% YoY.
FY2022 adjusted EPS guidance cut to $6.00-$7.00 from $8.41; Q2 comps expected -15% to -13%.
Appointed Kristin Wolfe as CFO effective Aug 1, 2022, succeeding retiring John Crimmins.
Repurchased $99M in stock and $78M in convertible notes during Q1.

item 2.02 item 5.02 item 9.01

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Appointed

Kristin Wolfe

Executive Vice President and Chief Financial Officer

BURL · Burlington Stores, Inc.

Effective: 2022-08-01
Filed: May 26, 2022, 7:59 PM ET

Kristin Wolfe has been appointed as the Company’s new Executive Vice President and Chief Financial Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kristin Wolfe was appointed as Executive Vice President and Chief Financial Officer at Burlington Stores, Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Kristin Wolfe has been appointed as the Company’s new Executive Vice President and Chief Financial Officer.

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Burlington Stores, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-010701

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