OverviewSuggest Edit

Burlington Stores operates as a retailer of branded apparel products. The Company offers fashion-focused merchandise, including women's ready-to-wear apparel, accessories, footwear, menswear, youth apparel, coats, and gifts, as well as baby, home, and beauty products.
TypePublic
Founded1972
HQBurlington, US
Websiteburlington.com

Latest Updates

Employees (est.) (Feb 2020)47,000(+7%)
Job Openings547
Revenue (FY, 2018)$6.7 B(+10%)
Share Price (May 2020)$167.8

Key People/Management at Burlington Stores

Thomas A. Kingsbury

Thomas A. Kingsbury

President, CEO and Chairman
Joyce Manning Magrini

Joyce Manning Magrini

EVP Human Resources
Fred Hand

Fred Hand

Chief Customer Officer and Principal
Jennifer Vecchio

Jennifer Vecchio

Executive Vice President and Chief Merchandising Officer
Mary Ann Tocio

Mary Ann Tocio

Director, Chair of the Nominating and Corporate Governance Committee
John J. Mahoney

John J. Mahoney

Lead Independent Director, Chair of the Compensation Committee
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Burlington Stores Office Locations

Burlington Stores has offices in Burlington, Albany, Albuquerque, Alexandria and in 158 other locations
Burlington, US (HQ)
2006 US-130
Albany, US
Albany, NY, USA
Albuquerque, US
Albuquerque, NM, USA
Alexandria, US
Alexandria, VA, USA
Allen, US
Allen, TX, USA
Amherst, US
Amherst, MA, USA
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Burlington Stores Financials and Metrics

Burlington Stores Revenue

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View revenue for all periods
Burlington Stores's revenue was reported to be $6.67 b in FY, 2018 which is a 9.1% increase from the previous period.
USD

Revenue (Q3, 2019)

1.8b

Gross profit (Q3, 2019)

758.7m

Gross profit margin (Q3, 2019), %

42.6%

Net income (Q3, 2019)

96.5m

Market capitalization (15-May-2020)

11.0b

Closing stock price (15-May-2020)

167.8

Cash (2-Nov-2019)

140.5m

EV

14.4b
Burlington Stores's current market capitalization is $11 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

5.6b6.1b6.7b

Revenue growth, %

9%9%9%

Cost of goods sold

3.3b3.6b3.9b

Gross profit

2.3b2.6b2.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

1.4b1.4b1.4b1.5b1.5b1.6b1.6b1.7b1.8b

Cost of goods sold

796.4m808.1m831.7m892.7m877.5m942.0m961.3m970.4m1.0b

Gross profit

555.8m560.9m612.8m632.0m627.3m698.6m672.9m691.6m758.7m

Gross profit Margin, %

41%41%42%41%42%43%41%42%43%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

81.6m133.3m112.3m

Accounts Receivable

43.3m71.6m58.8m

Prepaid Expenses

73.8m115.1m124.8m

Inventories

701.9m752.6m954.2m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

215.9m384.9m414.7m

Depreciation and Amortization

183.6m201.1m217.9m

Inventories

81.0m(50.7m)(201.6m)

Accounts Payable

41.5m97.0m111.0m
Quarterly
USDY, 2019

EV/CFO

30.2 x

Debt/Equity

9 x

Debt/Assets

0.6 x

Financial Leverage

14.1 x
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Burlington Stores Operating Metrics

Burlington Stores's Stores was reported to be 726 in Q3, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Stores

592 596 600 631 629 647 651 679 675 684 691 726

Stores Leased

550 590 637

Stores Opened

30 7 4 31 43 19 4 30 56 11 9 52

Stores Owned

39 38 37
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Burlington Stores Acquisitions / Subsidiaries

Company NameDateDeal Size
BCF Cards
BCF Florence Urban Renewal
BCF Florence Urban Renewal, L.L.C.
Burlington Coat Factory Direct Corporation
Burlington Coat Factory Holdings
Burlington Coat Factory Holdings, LLC
Burlington Coat Factory Investments Holdings
Burlington Coat Factory Investments Holdings, Inc.
Burlington Coat Factory of Kentucky
Burlington Coat Factory of Kentucky, Inc.
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Burlington Stores Revenue Breakdown

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Burlington Stores revenue breakdown by business segment: 14.9% from Home, 15.8% from Youth apparel/baby, 19.8% from Menswear, 21.8% from Accessories and footwear, 22.8% from Women’s ready-to-wear apparel and 5.0% from Other

Burlington Stores Online and Social Media Presence

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Burlington Stores News and Updates

Burlington Stores furloughs nearly all store and distribution center workers, CEO foregoes pay

Burlington Stores Inc. said Monday that it has furloughed nearly all of its store associates and distribution center employees. The off-price retailer previously offered two weeks pay to workers for shuttered stores and distribution centers. Burlington CEO Michael O'Sullivan will not take his salar…

Burlington Stores, Inc. Announces Proposed Offering of Senior Secured Notes

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 commenced a private offering of $300 million aggregate princip…

Burlington Stores withdraws guidance, closes stores due to coronavirus

Burlington Stores Inc. said Thursday that it is withdrawing the guidance that it gave with its fourth-quarter earnings, announced on March 5, due to the coronavirus. The guidance did not include the impact of the outbreak. The off-price retailer says 100 stores across the country have temporarily c…

Burlington Stores, Inc. Provides COVID-19-Related Business Update

BURLINGTON, N.J., March 19, 2020 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, provided an update regarding the impact of COVID-19 on its business operations.

Burlington Stores is shutting down its e-commerce site to focus on bricks-and-mortar stores

While many retailers are adding to their e-commerce capabilities, Burlington Stores has decided to shut down its digital shopping site.

Burlington Stores stock slides as profit beat weighs against soft guidance

Burlington Stores Inc. shares slid 2.9% in premarket trade Thursday after the discount retailer beat profit estimates for its fiscal fourth quarter but offered guidance for the first quarter that lagged estimates. The company said it had net income of $206 million, or $3.08 a share, in the quarter,…
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Burlington Stores Blogs

Q&A with a Burlington Dress Buyer: Midi and Maxi Dresses

Let’s talk dresses! From casual to formal, flowy to form-fitting, long to short, nothing beats a dress when you want an easy, throw-it-on-and-go style that’s always perfectly polished. With so many styles to choose from, we wanted to take a moment to highlight two styles of dresses that are both tr…

Make Burlington Your Year-Round Gifting Destination

Sure, you know you can get all the hottest holiday gifts at Burlington. But did you know that Burlington has an incredible selection of gifts for any occasion any time of the year? Find the perfect gift they’ll love at up to 60% off other retailers’ prices every day. Looking for some inspo? Well, …

The Hottest Home Decorating Trend? True Blues!

When it comes to decorating your home, the answer is a resounding yes! And blue is a hue that comes in a wide range of shades to stylishly express your look. This season, every shade of blue is a total do. Fancy a bolder look? Add some navy or indigo to your décor. Looking for a soothing oasis? Sk…

Step into Spring with These 5 Top Sneaker Trends

Looking to test out a new sneaker trend? Well, you’re in luck! We gathered our 5 favorite sneaker looks heating things up this season. And they’re all available at Burlington at up to 60% off other retailers’ prices every day. 1. Wedge Sneakers Wedge sneakers are on the comeback trail in a BIG wa…

Most-Wanted Baby Essentials – and They’re All Under $100 at Baby at Burlington

What can you get for $100 or less at Baby at Burlington? All your favorite mom-trusted brands for baby’s first days…and beyond. But don’t take our word for it. Real moms – and Burlington fans! – show us just how far they can make $100 go at Burlington for baby. And we can’t think of any better way…

Burlington Beauty Series: Insider Tips & Tricks to Skin Care, Makeup Trends & More

You know that Burlington carries all of the best names in fashion – at even better prices, but did you know that you can find brand-name makeup and skin care products at Burlington for way less too?! Do you know how to use these producuts like a pro? Don’t let the world of makeup scare you. In Bur…
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Burlington Stores Frequently Asked Questions

  • When was Burlington Stores founded?

    Burlington Stores was founded in 1972.

  • Who are Burlington Stores key executives?

    Burlington Stores's key executives are Thomas A. Kingsbury, Joyce Manning Magrini and Fred Hand.

  • How many employees does Burlington Stores have?

    Burlington Stores has 47,000 employees.

  • What is Burlington Stores revenue?

    Latest Burlington Stores annual revenue is $6.7 b.

  • What is Burlington Stores revenue per employee?

    Latest Burlington Stores revenue per employee is $141.9 k.

  • Who are Burlington Stores competitors?

    Competitors of Burlington Stores include Dillard's, Stein Mart and J.C. Penney.

  • Where is Burlington Stores headquarters?

    Burlington Stores headquarters is located at 2006 US-130, Burlington.

  • Where are Burlington Stores offices?

    Burlington Stores has offices in Burlington, Albany, Albuquerque, Alexandria and in 158 other locations.

  • How many offices does Burlington Stores have?

    Burlington Stores has 162 offices.