BURLINGTON STORES CRUSHES Q1: Profits Soar, Expansion Continues, and Execs Get Golden Parachutes (Just in Case)

Welcome back to your favorite, most comprehensive, and only slightly obsessive library dedicated to dissecting every SEC filing from BURLINGTON STORES, INC. (BURL). Consider this your definitive chapter on the 10-Q dropped on May 29, 2025. Buckle up, because things are getting interesting.

Burlington’s Q1 2025 earnings weren’t just good, they were “accidentally wore my best outfit to the discount store” good.

As we covered in our previous installments (you *have* been following along, right?), Burlington held their 2025 Annual Meeting (8-K, May 27), tweaked their incentive plan (EX-10.1, May 27), and then teased us with preliminary Q1 results (8-K, May 29 and EX-99.1, May 29). Now, the 10-Q (May 29) gives us the full story. And what a story it is! Net income jumped to $100.8 million, a 28.4% YoY increase. [[GREEN_FLAG]] Looks like someone found a few extra twenty-dollar bills in the clearance rack.

The expansion continues! They opened 14 new stores (including 4 relocations) and closed 3, bringing the total to a whopping 1,115. [[GREEN_FLAG]] Clearly, world domination via discount retail is still the plan. They also bought back a healthy chunk of their own stock—445,285 shares for $105.2 million. [[GREEN_FLAG]] Nothing says “we believe in ourselves” like a good old-fashioned share repurchase.

New executive severance plan? It’s like preparing for a breakup *before* the first date, but for corporate raiders.

But wait, there’s more! A new Executive Change in Control Severance Plan (EX-10.2, May 29) was slipped in there. [[GREEN_FLAG]] Golden parachutes all around for the execs, just in case things go south. Prudent planning or ominous foreshadowing? You decide. And of course, we have the CEO and CFO certifications (EX-31.1, May 29, EX-31.2, May 29, EX-32.1, May 29, EX-32.2, May 29) – because what’s a good financial document dump without a few signatures? [[GREEN_FLAG]]

The Analyst’s Crystal Ball: BURLINGTON STORES, INC. (BURL) – What Now? (Updated May 30, 2025) 🔮

Overall Outlook & Forecast

Burlington is riding high on a wave of strong earnings and continued growth. The question is, can they keep the party going? Tariff concerns are still looming, and while comparable store sales were flat this quarter, the overall picture is pretty rosy. Their proactive debt management (refinancing that Term Loan Facility) suggests they’re playing the long game.

What Would Make Us Yell “To The Moon!” (Go Long) 🚀

• Continued strong earnings growth in the next quarter.
• Positive comparable store sales growth, indicating sustained demand.
• Successful integration of new stores and continued expansion without impacting margins.

When We’d Hit The Eject Button (Go Short) 📉

• Significant impact from tariffs impacting profitability.
• Declining comparable store sales, signaling weakening consumer demand.
• Any hint of trouble integrating the new stores or managing their expanding footprint.

The Mic Drop: So, What’s the Deal with BURLINGTON STORES, INC.’s Latest Paper Trail?

This 10-Q paints a picture of a company firing on all cylinders. Strong earnings, store expansion, and proactive financial management – what’s not to like? But remember, folks, this is just one chapter in the ongoing Burlington saga. Stay tuned for more thrilling installments (because SEC filings *are* thrilling, right?). As always, DYOR (Do Your Own Research), because I’m just a witty commentator, not your financial advisor.

Key Questions Answered by This 10-Q From BURLINGTON STORES, INC. (BURL)

• How did BURLINGTON STORES, INC. perform in Q1 2025?

  Burlington Stores reported strong Q1 2025 earnings, with net income increasing 28.4% year-over-year to $100.8 million and diluted EPS up 29.5% to $1.58.

• What is BURLINGTON STORES, INC.’s store expansion strategy?

  Burlington opened 14 new stores (including 4 relocations) and closed 3 stores in Q1 2025, reaching a total of 1,115 stores, demonstrating their continued expansion strategy.

• How is BURLINGTON STORES, INC. managing its debt?

  Burlington amended its Term Loan Facility, refinancing $933 million and extending the maturity to September 24, 2031, indicating a proactive approach to debt management.

• What new executive compensation plan did BURLINGTON STORES, INC. implement?

  Burlington implemented a new Executive Change in Control Severance Plan, effective May 27, 2025, providing severance benefits to eligible executives in case of a change in control.

• Did BURLINGTON STORES, INC.’s CEO and CFO certify the 10-Q?

  Both CEO Michael O’Sullivan and CFO Kristin Wolfe certified the 10-Q, affirming the accuracy and fair presentation of Burlington Stores, Inc.’s Q1 2025 financial results.

• How much stock did BURLINGTON STORES, INC. repurchase in Q1 2025?

  Burlington repurchased 445,285 shares for $105.2 million during Q1 2025, leaving $157.9 million remaining under its share repurchase authorization.

• What were BURLINGTON STORES, INC.’s key financial metrics for Q1 2025?

  Key metrics include revenue of $2.5B (+6.1% YoY), net income of $100.8M (+28.4% YoY), diluted EPS of $1.58 (+29.5% YoY), and a gross margin of 43.8% (+0.3% YoY).

P.S. The SEC saga never ends! As BURLINGTON STORES, INC. files more, this analysis will evolve. Current as of May 30, 2025.