---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-066241"
form_type: "8-K"
ticker: "BURL"
cik: "0001579298"
company_name: "Burlington Stores, Inc."
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:23:47.175868+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Burlington Q1 adj EPS $1.42 (+68% YoY); raises FY24 adj EPS outlook to $7.35-$7.75

## Summary
- Q1 total sales $2,357M (+11% YoY); comp store sales +2% (at high end of guidance).
- GAAP net income $79M ($1.22 EPS) vs $33M ($0.50) last year; adjusted net income $91M ($1.42 EPS) up 68%.
- Gross margin improved 120 bps to 43.5%; adjusted EBIT margin +170 bps; merchandise margin +90 bps on lower markdowns.
- FY24 adj EPS guidance raised to $7.35-$7.75 from $6.24 (52-wk basis); assumes comp store sales +0% to 2%.
- Repurchased 312,238 shares for $63M during Q1; $442M remaining on authorization.

## SEC filing metadata
- accession: 0000950170-24-066241
- form_type: 8-K
- ticker: BURL
- cik: 0001579298
- company_name: Burlington Stores, Inc.
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579298/000095017024066241/0000950170-24-066241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579298/000095017024066241/burl-20240530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-066241
- JSON: https://secwatch.observer/filing/0000950170-24-066241.json
- Plain text: https://secwatch.observer/filing/0000950170-24-066241.txt

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