Every material Form 8-K Burlington Stores filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Burlington Stores reported third-quarter 2025 results with total sales up 7% to $2,706 million and net income of $105 million, or $1.63 per share, versus $1.40 a year earlier. The company raised its full-year 2025 adjusted EPS guidance to $9.69 to $9.89, but comparable store sales rose only 1% and merchandise inventories grew 15%.
Third-quarter total sales rose 7% to $2,706 million; comparable store sales rose 1%.
Third-quarter net income was $105 million, or $1.63 per share, versus $91 million, or $1.40 per share, a year earlier.
Full-year 2025 adjusted EPS guidance raised to $9.69 to $9.89, versus $8.35 last year; fourth-quarter comparable store sales guidance kept at 0% to 2%.
Burlington Stores reported second-quarter fiscal 2025 total sales up 10% to $2.70 billion and GAAP net income of $94 million, or $1.47 per diluted share, versus $1.15 a year earlier. The company raised its full-year adjusted EPS guidance to $9.19 to $9.59, up from $8.35 in fiscal 2024, while keeping its third- and fourth-quarter comparable store sales outlook at 0% to 2%.
Q2 total sales rose 10% to $2,701 million; comparable store sales rose 5%
GAAP diluted EPS was $1.47 vs. $1.15; the company reported adjusted EPS of $1.72, up 39%, excluding bankruptcy acquired lease expenses
Full-year fiscal 2025 adjusted EPS guidance raised to $9.19 to $9.59; third-quarter adjusted EPS guidance is $1.50 to $1.60 vs. $1.55 last year
Merchandise inventories rose 16% to $1,415 million, while comparable store inventories fell 8%
Burlington Stores, Inc. (NYSE: BURL) elected Michael Skirvin as a director effective November 18, 2025, and he will also join the Audit Committee on the same date. The filing says he will receive standard non-management director pay, and the company states he has over 30 years of off-price retail experience, including his time at The TJX Companies and Bob's Discount Furniture.
Board election made August 19, 2025; effective date November 18, 2025
Annual compensation: $95,000 Board retainer, $18,000 Audit Committee retainer, and restricted stock units with a $170,000 grant date value
Prior roles: CEO of Bob's Discount Furniture from 2016 to 2020, and various roles at The TJX Companies from 1989 to 2010
On July 25, 2025, a Burlington subsidiary signed a sixth amendment to its credit agreement with Bank of America as administrative agent. The amendment increases total commitments from $900 million to $1 billion and extends the maturity date from December 22, 2026 to July 25, 2030, giving the company more borrowing capacity for a longer period.
Aggregate commitments increased from $900 million to $1 billion
Maturity date extended from December 22, 2026 to July 25, 2030
Agreement signed July 25, 2025 by Burlington Coat Factory Warehouse Corporation, an indirect wholly-owned subsidiary
JPMorgan Chase Bank, Bank of America and Wells Fargo Bank acted as joint lead arrangers
Burlington Coat Factory Warehouse Corporation, an indirect subsidiary of Burlington Stores, entered into Amendment No. 12 to its Term Loan Credit Agreement on June 11, 2025, to incur $500 million of incremental Term B-7 loans. After the add-on, outstanding Term B-7 principal totals $1,743,750,000, and proceeds will fund general corporate purposes, including costs tied to a distribution center purchase and repayment of ABL borrowings.
Incremental Term Loans of $500 million issued at an original issue discount of 99.0
Total outstanding Term B-7 loans after the amendment: $1,743,750,000
Proceeds to fund general corporate purposes, including a distribution center purchase and repayment of ABL borrowings
JPMorgan Chase Bank, N.A. is administrative agent; BofA Securities and Wells Fargo Securities were joint lead arrangers
Burlington Stores reported first-quarter fiscal 2025 results for the period ended May 3, 2025, with total sales up 6% to $2.5 billion and diluted EPS of $1.58 versus $1.22 a year earlier. Adjusted EPS of $1.67 was well ahead of company guidance, but the CEO said about half of that beat reflects expense timing that will weigh on the second quarter, and he warned tariffs will pressure merchandise margins. The company maintained full-year adjusted EPS guidance of $8.70 to $9.30.
Total sales rose 6% to $2.5 billion, while comparable store sales were flat.
Net income was $101 million, or $1.58 per diluted share, versus $79 million, or $1.22, a year earlier.
Adjusted EPS rose 18% to $1.67, excluding bankruptcy acquired lease expenses; full-year adjusted EPS guidance of $8.70 to $9.30 was maintained.
On May 20, 2025, the Board authorized up to an additional $500 million of common stock repurchases, executable through May 2027.
At its May 20, 2025 annual meeting, Burlington Stores stockholders approved a First Amendment to the 2022 Omnibus Incentive Plan that adds 3,100,000 shares to the plan. The amendment also clarifies that shares tendered or withheld for stock appreciation rights cannot be reissued under the plan. Stockholders also re-elected four directors, ratified Deloitte & Touche LLP as auditor for the fiscal year ending January 31, 2026, and approved the compensation of named executive officers in an advisory vote.
First Amendment adds 3,100,000 shares to the 2022 Omnibus Incentive Plan, approved May 20, 2025.
Compensation advisory vote: 53,015,094 votes for and 6,473,424 against.
Four directors elected to one-year terms, including Shira Goodman, John Mahoney, Laura Sen and Paul Sullivan.
Deloitte & Touche LLP ratified as auditor for the fiscal year ending January 31, 2026, with 58,702,889 votes for and 1,723,801 against.
Burlington Stores reported fourth-quarter fiscal 2024 comparable store sales growth of 6%, above its 0% to 2% guidance, and adjusted EPS of $4.13, up 12% and above its $3.55 to $3.75 guidance range. For full fiscal 2024, adjusted EPS was $8.35, up 34%, but the company said the 2025 outlook is very uncertain and guided first-quarter adjusted EPS of $1.30 to $1.45, below the $1.42 reported a year earlier.
Q4 net income was $261 million, or $4.02 per diluted share, versus $227 million, or $3.53 per share, in the prior year's 14-week period.
Q4 adjusted EPS was $4.13 versus guidance of $3.55 to $3.75.
Fiscal 2025 adjusted EPS is guided to $8.70 to $9.30, compared with $8.35 in fiscal 2024.
First-quarter fiscal 2025 adjusted EPS is guided to $1.30 to $1.45, compared with $1.42 a year earlier.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Burlington Stores filing is on SEC EDGAR ↗. 8-K briefs of other companies →