Burlington Stores Files Q2 10-Q
Ticker: BURL · Form: 10-Q · Filed: 2024-08-29T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, retail, financials, debt
Related Tickers: BURL
TL;DR
BURL Q2 10-Q filed. Financials look steady, debt details included.
AI Summary
Burlington Stores, Inc. filed its 10-Q for the period ending August 3, 2024. The filing details the company's financial performance and position, including information on long-term debt and capital lease obligations. The company's fiscal year ends on February 1st.
Why It Matters
This filing provides investors with a detailed look at Burlington's financial health and operational status during the second quarter, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- N/A — Revenue (Specific revenue figures are not detailed in the provided snippet.)
- N/A — Net Income (Specific net income figures are not detailed in the provided snippet.)
- N/A — Debt (Details on long-term debt and capital lease obligations are referenced but not quantified in the snippet.)
Key Players & Entities
- Burlington Stores, Inc. (company) — Filer
- 0000950170-24-101847 (filing_id) — Accession Number
- 20240803 (date) — Period of Report
- 20240829 (date) — Filing Date
- 0201 (date) — Fiscal Year End
FAQ
What is the total amount of long-term debt and capital lease obligations as of August 3, 2024?
The filing references 'LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent' but specific dollar amounts are not provided in this snippet.
What were the key financial highlights for Burlington Stores in the second quarter of 2024?
The provided text is a header and does not contain specific financial performance details for the quarter.
When does Burlington Stores' fiscal year end?
Burlington Stores' fiscal year ends on February 1st (0201).
What is the SEC file number for Burlington Stores?
The SEC file number for Burlington Stores is 001-36107.
What is the primary business of Burlington Stores, Inc. according to the SIC code?
According to the Standard Industrial Classification (SIC) code, Burlington Stores, Inc. is in the 'RETAIL-DEPARTMENT STORES' industry, with code 5311.
From the Filing
0000950170-24-101847.txt : 20240829 0000950170-24-101847.hdr.sgml : 20240829 20240829160442 ACCESSION NUMBER: 0000950170-24-101847 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 78 CONFORMED PERIOD OF REPORT: 20240803 FILED AS OF DATE: 20240829 DATE AS OF CHANGE: 20240829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Burlington Stores, Inc. CENTRAL INDEX KEY: 0001579298 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 800895227 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36107 FILM NUMBER: 241263569 BUSINESS ADDRESS: STREET 1: 1830 ROUTE 130 NORTH CITY: BURLINGTON STATE: NJ ZIP: 08016 BUSINESS PHONE: 6093877800 MAIL ADDRESS: STREET 1: 1830 ROUTE 130 NORTH CITY: BURLINGTON STATE: NJ ZIP: 08016 FORMER COMPANY: FORMER CONFORMED NAME: Burlington Holdings, Inc. DATE OF NAME CHANGE: 20130613 10-Q 1 burl-20240803.htm 10-Q 10-Q 0001579298 --02-01 Q2 false http://fasb.org/us-gaap/2024#ProductMember http://fasb.org/us-gaap/2024#ProductMember http://fasb.org/us-gaap/2024#ProductMember http://fasb.org/us-gaap/2024#ProductMember http://www.burlingtoncoatfactory.com/20240803#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://www.burlingtoncoatfactory.com/20240803#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://www.burlingtoncoatfactory.com/20240803#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://www.burlingtoncoatfactory.com/20240803#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent 345 days 0001579298 burl:StockOptionsGrantedMember 2024-05-05 2024-08-03 0001579298 burl:MerchandisingAgreementMember 2024-02-03 0001579298 burl:SeniorSecuredTermLoanFacilitiesMember 2024-08-03 0001579298 us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:InterestRateSwapMember us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2023-07-29 0001579298 srt:MinimumMember us-gaap:StateAndLocalJurisdictionMember 2024-02-04 2024-08-03 0001579298 burl:ConvertibleSeniorNotesMember 2024-02-03 0001579298 burl:ConvertibleSeniorNotesOnePointTwoFivePercentageDueDecemberFifteenTwoThousandTwentySevenMember 2024-02-04 2024-08-03 0001579298 burl:ABLSeniorSecuredRevolvingFacilityMember 2023-04-30 2023-07-29 0001579298 burl:SeniorSecuredTermB6LoanMember 2024-02-04 2024-08-03 0001579298 burl:GuaranteePerformanceUnderInsuranceAndUtilityAgreementMember 2024-08-03 0001579298 us-gaap:TreasuryStockCommonMember 2023-01-28 0001579298 burl:TermB6LoanMember 2024-02-03 0001579298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-05 2024-08-03 0001579298 us-gaap:InterestRateSwapMember us-gaap:OtherAssetsMember 2024-08-03 0001579298 country:PR 2024-08-03 0001579298 us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0001579298 us-gaap:PerformanceSharesMember 2024-02-03 0001579298 burl:SeniorSecuredTermB6LoanMember 2024-08-03 0001579298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-04 2024-05-04 0001579298 us-gaap:RetainedEarningsMember 2023-01-29 2023-04-29 0001579298 burl:TermLoanFacilityMember 2024-08-03 0001579298 us-gaap:TreasuryStockCommonMember 2024-02-04 2024-05-04 0001579298 us-gaap:RetainedEarningsMember 2023-01-28 0001579298 srt:MinimumMember burl:AmendedABLSeniorSecuredRevolvingFacilityMember us-gaap:PrimeRateMember 2024-02-04 2024-08-03 0001579298 us-gaap:RestrictedStockUnitsRSUMember 2024-02-04 2024-08-03 0001579298 burl:SeniorSecuredTermB6LoanMember 2023-01-29 2023-07-29 0001579298 us-gaap:CommonStockMember 2023-01-29 2023-04-29 0001579298 burl:SeniorSecuredTermLoanFacilitiesMember burl:SixMonthAdjustedSecuredOvernightFinancingRateMember 2023-05-11 2023-05-11 0001579298 us-gaap:TreasuryStockCommonMember 2024-05-05 2024-08-03 0001579298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-28