Highest-materiality recent filing
Burlington Stores Q1 comps +6%, adjusted EPS $2.10 beats guidance; raises FY outlook
Total sales +14% to $2.85B; comparable store sales +6% (vs. guidance).
Burlington Stores annual meeting results: all seven directors elected, say-on-pay approved
All seven director nominees elected; Jordan Hitch received lowest support (51.4M for, 7.0M against).
Burlington exchanges $81.9M of 1.25% convertible notes for cash and common stock
Burlington entered private exchange agreements for $81,874,000 aggregate principal of its 1.25% Convertible Senior Notes due 2027.
Burlington Q4 adj EPS $4.99 beats guidance; FY26 EPS outlook $10.95-$11.45
Q4 total sales $3,643M (+11%), comps +4%; adj EPS $4.99 beat guidance ($4.50-$4.70).
Burlington Q3 Adj EPS $1.80 (+16% YoY), revenue $2.7B (+7%), raises FY guidance
Total sales $2.7B (+7%); comp store sales +1%; net income $105M, diluted EPS $1.63.
Burlington Q2 sales +10%, comps +5%, adj EPS $1.72 (+39%); raises FY adj EPS guidance to $9.19-$9.59
Net income $94M ($1.47 diluted EPS); adjusted EPS $1.72 vs $1.24 YoY, a 39% increase.
Burlington Stores elects Michael Skirvin to board and audit committee
Michael Skirvin joins Board and Audit Committee effective November 18, 2025.
Burlington Stores increases credit facility to $1B, extends maturity to 2030
Commitments increased from $900M to $1B via Sixth Amendment to credit agreement.
Burlington Stores subsidiary adds $500M in term loans; total term loans outstanding $1.74B
Burlington Coat Factory Warehouse Corp. borrowed $500M in incremental Term B-7 Loans via Amendment No. 12 to credit agreement.
Burlington Stores Q1 sales +6%, comps flat; adjusted EPS $1.67 beats guidance; maintains FY outlook
Q1 total sales up 6% to $2.5B; comparable store sales flat; net income $101M ($1.58 diluted EPS).
Burlington stockholders approve 3.1M-share increase to 2022 Omnibus Incentive Plan
Stockholders voted 56.7M for, 2.8M against to amend the plan; additional 3.1M shares authorized.
Q4 total sales $3,272M (+10% on 13-wk basis), comps +6% vs guidance 0-2%.
Burlington Q3 adj EPS $1.55 (+41% YoY); raises FY24 adjusted EPS outlook to $7.76-$7.96
Total sales $2,526M (+11% YoY); comparable store sales +1% on top of +6% last year.
Burlington Stores appoints Shira Goodman to Board of Directors effective Jan 1, 2025
Shira Goodman, former CEO of Staples, Inc., joins Burlington Board and Audit Committee effective January 1, 2025.
Refinanced $933M of term B-6 loans with $1,250M term B-7 loans, including $317M incremental term loans.
Burlington Stores Q2: comp sales +5%, adjusted EPS +98% to $1.24; FY24 guidance raised
Total sales +13% to $2,461M; comparable store sales +5% vs. prior year.
Burlington Q1 adj EPS $1.42 (+68% YoY); raises FY24 adj EPS outlook to $7.35-$7.75
Q1 total sales $2,357M (+11% YoY); comp store sales +2% (at high end of guidance).
Burlington shareholders approve board declassification, say-on-pay passes with 83% support
Board declassification amendment approved with 60.2M for, ~9k against; board will become fully declassified.
Burlington Stores CAO Jeffrey Laub retiring; Stephen Ferroni appointed as successor
Jeffrey Laub to retire as SVP and Chief Accounting Officer effective May 3, 2024; ceases as CAO on April 27.
Burlington Stores Q4 comps +2% (guidance -2%-0%); adj EPS $3.69 beat; FY24 guide $7.00-$7.60
Q4 13-week comp store sales +2% (guidance -2%-0%); adjusted EPS $3.69 vs guidance $3.10-$3.25.
Burlington Q3 revenue +12% to $2.29B, comps +6%, adj. EPS $0.98, FY23 adj. EPS view $5.52-$5.67
Revenue $2,285M, +12% YoY; comp store sales +6% (guidance 5-7%).
Burlington Stores issues $297M of 1.25% convertible notes, extends debt maturity to 2027
Issued ~$297M of 1.25% convertible notes due 2027; exchanged ~$241M of existing 2.25% notes due 2025 and privately placed ~$42M.
Exchanged ~$244M of existing 2.25% convertible notes due 2025 for ~$258M of new 1.25% convertible notes due 2027.
Burlington Stores Q2 adj. EPS $0.60 beats; comp sales +4%; authorizes $500M buyback
Total sales $2.17B (+9% YoY); comparable store sales +4% (high end of guidance).
Burlington Q1 sales +11% to $2.13B, comps +4%, adj EPS $0.84 vs $0.54
Total sales $2,133M (+11% YoY); comparable store sales +4%.
Burlington Stores annual meeting re-elects three directors, ratifies auditor
Ted English elected with 59,198,462 For; Jordan Hitch with 56,558,196; Mary Ann Tocio with 56,311,205.
Burlington exchanges $110.3M of 2.25% convertible notes due 2025 for cash based on March 8 VWAP
Total exchanged principal: $110,312,000 of 2.25% Convertible Senior Notes due 2025.
Burlington Q4 adjusted EPS $2.96 beats guidance; FY23 outlook $5.50-$6.00
Q4 total sales $2,739M (+5% YoY); comp store sales -2% (ahead of -6% to -9% guidance).
Burlington Q3 sales -11%, comps -17%, adj EPS $0.43 vs $1.36; FY2022 guidance lowered
Total sales $2,036M (-11% YoY); comparable store sales -17% (on top of +16% in Q3 2021).
Burlington Q2 net income $12M, adjusted EPS $0.35; cuts FY22 EPS guidance to $3.70-$4.30
Total sales $1,984M, down 10% YoY; comparable store sales down 17%.
Burlington Stores upsizes credit facility to $900M, transitions from LIBOR to SOFR
Credit facility commitments increased from $650M to $900M under Fourth Amendment dated July 20, 2022.
Burlington Stores Q1 sales down 12%, comps -18%; appoints Kristin Wolfe as CFO
Q1 GAAP diluted EPS $0.24 vs $2.51 prior year; adjusted EPS $0.54 vs $2.59.
Annual meeting held May 18, 2022; 96.09% of shares voted, quorum achieved.
Burlington Stores CFO John Crimmins to retire; external search launched
John Crimmins will retire as CFO by Aug 31, 2022 or when successor starts.
Burlington Stores to exchange $55.6M of 2.25% convertible notes for cash
Aggregate principal amount of $55,635,000 of 2.25% Convertible Senior Notes due 2025 to be exchanged for cash based on VWAP over two-day measurement period starting March 16, 2022.
Burlington Stores Q4 sales +18% vs FY2019, comp +6%; adj EPS $2.53
Net income $122M ($1.80 diluted EPS); adjusted EPS $2.53 vs $3.21 in FY2019.
Burlington Stores amends ABL credit facility: commitments to $650M, maturity to Dec 2026
Commitments increased from $600M to $650M; maturity extended from June 2023 to Dec. 22, 2026.
Burlington Stores to exchange $72.3M of 2.25% convertible notes for cash
$72.3M aggregate principal of 2.25% Convertible Senior Notes due 2025 exchanged for cash.
Total sales $2,300M (+30% vs Q3 2019); comp store sales +16%.
Burlington Stores appoints Jeffrey Laub as Chief Accounting Officer
Jeffrey Laub, age 65, elected Chief Accounting Officer on Nov 10, 2021.
Burlington Stores to exchange $146.4M of 2.25% convertible notes for cash and stock
Aggregate principal of $146,373,000 exchanged for $86,966,931 cash and 459,944 common shares.
Burlington Q2 sales up 34% to $2.2B; GAAP EPS $1.50, adjusted EPS $1.94
Total sales $2,213M (+34% vs Q2 2019); comparable store sales +19%.
Burlington Stores appoints Travis Marquette as President and COO, effective Oct 4, 2021
Travis Marquette named President & COO, overseeing stores, real estate, supply chain, and IT.
On November 20, 2024, the Board of Directors (the “Board”) of Burlington Stores, Inc. (the “Company”) elected Shira Goodman as a member of the Board effective as of January 1, 2025.
On March 18, 2024, Jeffrey Laub, Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) of Burlington Stores, Inc. (the “Company”), informed the Company that he will be retiring from the Company effective as of May 3, 2024.
On March 18, 2024, Stephen Ferroni was appointed to serve as the Company’s Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) effective as of April 28, 2024.
Kristin Wolfe has been appointed as the Company’s new Executive Vice President and Chief Financial Officer.
John Crimmins, 65, currently the Executive Vice President and Chief Financial Officer of Burlington Stores, Inc. (the “Company”), will retire from that position effective as of the earlier of August 31, 2022 or the date his successor commences employment.
On November 10, 2021, the Board of Directors of Burlington Stores, Inc. (the “Company”) elected Jeffrey Laub as Chief Accounting Officer of the Company.
As a result of Mr. Laub’s appointment, John Crimmins, the Company’s Executive Vice President, Chief Financial Officer, will no longer serve as principal accounting officer.
On July 15, 2021, Burlington Stores, Inc. (the “Company”) announced that Travis Marquette has been appointed as the Company’s new President and Chief Operating Officer
Max materiality 0.85 · Median 0.65 · Most common event earnings