secwatch.observer — SEC 8-K summary
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Issuer:     Burlington Stores, Inc. (BURL)
CIK:        0001579298
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000950170-23-005691
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Burlington Q4 adjusted EPS $2.96 beats guidance; FY23 outlook $5.50-$6.00
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- Q4 total sales $2,739M (+5% YoY); comp store sales -2% (ahead of -6% to -9% guidance).
- Q4 GAAP diluted EPS $2.83 (+57% YoY); adjusted EPS $2.96 (+17% YoY), above guidance of $2.45-$2.75.
- FY22 total sales -7%; adjusted EPS $4.26 vs $8.41 prior year.
- FY23 guidance: comp store sales +3-5%, adjusted EPS $5.50-$6.00 (including ~$0.05 from 53rd week).
- Q1 FY23 guidance: comp store sales +5-7%, adjusted EPS $0.85-$0.95.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579298/000095017023005691/0000950170-23-005691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579298/000095017023005691/burl-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005691

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer