Burlington Stores Files 2024 Annual Report
Ticker: BURL · Form: 10-K · Filed: 2025-03-17T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, retail, financials
Related Tickers: BURL
TL;DR
BURL filed its 10-K for FY24. All systems go.
AI Summary
Burlington Stores, Inc. filed its 10-K for the fiscal year ending February 1, 2025, reporting on its performance and financial condition. The company, headquartered in Burlington, NJ, operates as a department store retailer. This filing provides a comprehensive overview of its business, financial statements, and risk factors for investors and stakeholders.
Why It Matters
This 10-K filing provides crucial insights into Burlington Stores' financial health and strategic direction, impacting investor decisions and market perception.
Risk Assessment
Risk Level: medium — As a retail department store, Burlington Stores is subject to risks related to consumer spending, competition, and inventory management.
Key Numbers
- FY 2024 — Fiscal Year (Reporting period for the 10-K)
Key Players & Entities
- Burlington Stores, Inc. (company) — Filer of the 10-K
- 0000950170-25-040472 (filing_id) — Accession Number for the filing
- 20250201 (date) — Fiscal Year End
- 20250317 (date) — Filing Date
- 1830 ROUTE 130 NORTH, BURLINGTON, NJ 08016 (address) — Company Business and Mail Address
- 6093877800 (phone_number) — Company Business Phone
- Burlington Holdings, Inc. (company) — Former Company Name
- 20130613 (date) — Date of Former Company Name Change
FAQ
What is Burlington Stores, Inc.'s primary business activity?
Burlington Stores, Inc. operates as a retailer in the department stores sector, as indicated by its Standard Industrial Classification code [5311].
When did Burlington Stores, Inc. file its 10-K report?
The 10-K report was filed on March 17, 2025.
What is the fiscal year end for Burlington Stores, Inc. in this filing?
The fiscal year end for Burlington Stores, Inc. in this filing is February 1, 2025.
Where is Burlington Stores, Inc. headquartered?
Burlington Stores, Inc. is headquartered at 1830 Route 130 North, Burlington, NJ 08016.
What was the former name of Burlington Stores, Inc. and when did the name change occur?
The former name was Burlington Holdings, Inc., and the date of the name change was June 13, 2013.
From the Filing
0000950170-25-040472.txt : 20250317 0000950170-25-040472.hdr.sgml : 20250317 20250317171635 ACCESSION NUMBER: 0000950170-25-040472 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 117 CONFORMED PERIOD OF REPORT: 20250201 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 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-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36107 FILM NUMBER: 25745622 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-K 1 burl-20250201.htm 10-K 10-K 0001579298 false FY 2024 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#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/srt/2024#ChiefExecutiveOfficerMember http://fasb.org/us-gaap/2024#UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember http://fasb.org/us-gaap/2024#UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember three years http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://fasb.org/us-gaap/2024#AssetImpairmentCharges http://www.burlingtoncoatfactory.com/20250201#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://www.burlingtoncoatfactory.com/20250201#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://www.burlingtoncoatfactory.com/20250201#LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations 2021 2022 2023 2024 2020 2021 2022 2023 2024 0001579298 us-gaap:CommonStockMember 2024-02-04 2025-02-01 0001579298 burl:AmendmentToTermLoanFacilityMember burl:IncrementalTermLoansMember 2024-09-24 0001579298 burl:DeferredFinancingCostsMember 2025-02-01 0001579298 burl:SeniorSecuredTermLoanFacilitiesMember 2024-02-04 2025-02-01 0001579298 us-gaap:SoftwareDevelopmentMember 2024-02-04 2025-02-01 0001579298 2024-08-03 0001579298 burl:PerformanceStockUnitGrantsMember 2023-01-29 2024-02-03 0001579298 burl:TwoThousandTwentyOneStockRepurchaseProgramsMember srt:ParentCompanyMember 2023-08-15 0001579298 burl:TermLoanFacilityMember 2025-02-01 0001579298 us-gaap:InterestRateSwapMember us-gaap:OtherAssetsMember 2025-02-01 0001579298 us-gaap:FairValueInputsLevel1Member 2025-02-01 0001579298 srt:MaximumMember us-gaap:StateAndLocalJurisdictionMember 2024-02-04 2025-02-01 0001579298 burl:SeniorSecuredTermLoanFacilitiesMember 2024-02-03 0001579298 burl:NewConvertibleSeniorNotesMember srt:ParentCompanyMember us-gaap:PrivatePlacementMember 2023-09-12 0001579298 burl:TwoThousandTwentyOneStockRepurchaseProgramsMember 2025-02-01 0001579298 burl:ConvertibleSeniorNotesMember 2020-04-16 2020-04-16 0001579298 srt:ParentCompanyMember burl:IntercompanyNoteReceivableMember 2023-01-29 2024-02-03 0001579298 us-gaap:ConstructionInProgressMember 2024-02-03 0001579298 us-gaap:LeaseholdImprovementsMember 2022-01-30 2023-01-28 0001579298 us-gaap:ConstructionInProgressMember 2025-02-01 0001579298 us-gaap:DesignatedAsHedgingInstrumentMember 2024-02-04 2025-02-01 0001579298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-04 2025-02-01 0001579298 srt:ParentCompanyMember burl:IntercompanyNoteReceivableMember 2024-02-04 2025-02-01 0001579298 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2023-01-28 0001579298 burl:ShareRepurchaseProgramAut