{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-025571","form_type":"8-K","ticker":"BURL","cik":"0001579298","company_name":"Burlington Stores, Inc.","filed_at":"2022-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.256421+00:00","generated_at":"2026-06-21T14:08:23.068988+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Burlington Q3 sales -11%, comps -17%, adj EPS $0.43 vs $1.36; FY2022 guidance lowered","bullets":["Total sales $2,036M (-11% YoY); comparable store sales -17% (on top of +16% in Q3 2021).","Net income $17M, diluted EPS $0.26 incl. $11M impairment; adjusted EPS $0.43 vs $1.36 YoY.","Inventory up 36% to $1,445M, reserve inventory 31% of total.","FY2022 guidance: comps down 14%-15%, adj EPS $3.77-$4.07 (vs $8.41 prior non-GAAP).","Q4 guidance: comps down 6%-9%, adj EPS $2.45-$2.75."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-025571","json":"https://secwatch.observer/filing/0000950170-22-025571.json","markdown":"https://secwatch.observer/filing/0000950170-22-025571.md","text":"https://secwatch.observer/filing/0000950170-22-025571.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579298/000095017022025571/0000950170-22-025571-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579298/000095017022025571/burl-20221122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T14:08:23.068988+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c57e23fc5169ade98b8f27c305c97e2fa7ea675","claim":"Burlington Stores, Inc. reported the third quarter ended October 29, 2022 results: revenue $2,036 million, net income $17 million, EPS $0.26 per share.","evidence_excerpt":"the 13-week period ended October 29, 2022, compared with the 13-week period ended October 30, 2021) • Total sales decreased 11% compared to the third quarter of Fiscal 2021 to $2,036 million, while comparable store sales decreased 17% compared to the third quarter of Fiscal 2021. In the third quarter of Fiscal 2021, total sales increased 30% and comparable store","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579298/000095017022025571/0000950170-22-025571-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended October 29, 2022"},{"label":"Revenue","value":"$2,036 million"},{"label":"Net income","value":"$17 million"},{"label":"EPS","value":"$0.26 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ab9051f2795be6184f8d4f7d38f88504079195ca","claim":"Burlington Stores, Inc. reported Fiscal 2022 (the 52-weeks ending January 28, 2023) results: EPS in the range of $3.77 to $4.07.","evidence_excerpt":"Adjusted EPS to be in the range of $3.77 to $4.07","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579298/000095017022025571/0000950170-22-025571-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal 2022 (the 52-weeks ending January 28, 2023)"},{"label":"EPS","value":"in the range of $3.77 to $4.07"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}