Press Releases

Nov 24, 2020
On a GAAP basis, total sales   declined 6%, net income was $8 million, and EPS was $ 0.12 Comparable store sales decreased 11%, with significant improvement coming out of August On a Non-GAAP basis, Adjusted EPS was $ 0.29 Gross margin increased significantly to 45.0%, a 260 basis point improvement
Aug 27, 2020
On a GAAP basis, total sales declined 39%, net loss was $46.8 million , and EPS was ( $0.71 ) On a Non-GAAP basis, Adjusted EPS was ( $0.56 ) Total inventory decreased 26% at the end of the second quarter Unrestricted cash and total liquidity were approximately $1.1 billion and $1.2 billion ,
May 28, 2020
On a GAAP basis, total sales declined 51%, net loss was $334 million , and EPS was ( $5.09 ). On a Non-GAAP basis, Adjusted EPS was ( $4.76 ), which includes a $272 million charge, or $2.77 per share, against aged inventory. This reserve covers the full cost of markdowns that are expected to be
Apr 27, 2020
BURLINGTON, N.J. , April 27, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home, announced today that its 2020 Annual Meeting of Stockholders will change to a
Apr 13, 2020
BURLINGTON, N.J. , April 13, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL) (the “Company”) announced today that its indirect wholly owned subsidiary, Burlington Coat Factory Warehouse Corporation (the “Corporation”), has priced its private offering of $300 million aggregate
Apr 13, 2020
BURLINGTON, N.J. , April 13, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home, provided an additional update regarding the impact of COVID-19 on its
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