---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044234"
form_type: "8-K"
ticker: "BURL"
cik: "0001579298"
company_name: "Burlington Stores, Inc."
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:11:05.414448+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Burlington Stores Q2 adj. EPS $0.60 beats; comp sales +4%; authorizes $500M buyback

## Summary
- Total sales $2.17B (+9% YoY); comparable store sales +4% (high end of guidance).
- Adjusted EPS $0.60 vs. $0.35 YoY; GAAP EPS $0.47; includes $0.03 Bed Bath & Beyond lease expense.
- Acquired leases for 62 former Bed Bath & Beyond stores; expects $21M incremental FY expense.
- Board authorized $500M additional share repurchase through Aug 2025; $26M repurchased in Q2.
- FY 2023 guidance: total sales +11-12%; adj. EPS $5.37-$5.67 (incl. $0.23 Bed Bath & Beyond lease expense).

## SEC filing metadata
- accession: 0000950170-23-044234
- form_type: 8-K
- ticker: BURL
- cik: 0001579298
- company_name: Burlington Stores, Inc.
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579298/000095017023044234/0000950170-23-044234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579298/000095017023044234/burl-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044234
- JSON: https://secwatch.observer/filing/0000950170-23-044234.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044234.txt

## Key facts
- Earnings Releases
  Burlington Stores, Inc. reported second quarter ended July 29, 2023 results: revenue $2,170 million, net income $31 million, EPS $0.47 per share. Guidance reaffirmed.
  - Period: second quarter ended July 29, 2023
  - Revenue: $2,170 million
  - Net income: $31 million
  - EPS: $0.47 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: (for the 13-week period ended July 29, 2023, compared with the 13-week period ended July 30, 2022) • Total sales increased 9% compared to the second quarter of Fiscal 2022 to $2,170 million, while comparable store sales increased 4% compared to the second quarter of Fiscal 2022. • Gross margin rate as a percentage of net sales was 41.7% vs. 38.9% for the second
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579298/000095017023044234/0000950170-23-044234-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.