10-QPeriod: Q1 FY2017

Burlington Stores, Inc. Quarterly Report for Q1 Ended Apr 30, 2016

Filed May 26, 2016For Securities:BURL

Summary

Burlington Stores, Inc.'s first-quarter 2016 10-Q filing for the period ending April 30, 2016, reveals a company navigating a competitive retail landscape. While specific financial figures from the provided filing overview are not detailed here, the structure indicates a standard quarterly report covering the income statement, balance sheet, and cash flows. Investors should pay close attention to the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' (MD&A) section for a qualitative understanding of the company's performance drivers, challenges, and strategic outlook. The filing also includes crucial sections on risk factors, which highlight potential headwinds such as competition, economic conditions, and supply chain issues that could impact future profitability and growth. Key areas for investor focus in this filing will likely revolve around sales trends, inventory management, expense control, and progress on strategic initiatives. The inclusion of legal proceedings and other disclosed risks provides a comprehensive view of potential liabilities and uncertainties. Investors seeking to understand Burlington's trajectory should analyze the year-over-year comparisons within the financial statements and closely examine the narrative provided in the MD&A to gauge management's confidence and plans for the remainder of the fiscal year.

Financial Highlights

48 data points
Beta

Revenue

$1.28B

40.1% Gross Margin

Net Income

$37.51M

2.9% Net Margin

EPS (Diluted)

$0.52

Total Assets

$2.61B

Cash & Equivalents

$28.10M

Free Cash Flow

$3.02M

Financial Statements
Beta
Revenue$1.28B
Cost of Revenue$768.68M
Gross Profit$513.99M
SG&A Expenses$403.38M
Operating Expenses$1.23B
Net Income$37.51M
EPS (Basic)$0.53
EPS (Diluted)$0.52
Shares Outstanding (Basic)71.17M
Shares Outstanding (Diluted)72.42M

Key Highlights

  • 1The report covers the first quarter of fiscal year 2016, ending April 30, 2016.
  • 2Key financial statements, including Statements of Operations, Comprehensive Income, Balance Sheets, and Cash Flows, are presented.
  • 3Management's Discussion and Analysis (MD&A) provides insights into the company's financial condition and operational results.
  • 4The filing includes 'Risk Factors' that detail potential challenges and uncertainties facing the company.
  • 5Information regarding Legal Proceedings and Other Information is also disclosed.
  • 6The report consists of unaudited financial statements, typical for a quarterly filing.

Frequently Asked Questions

This 10-Q filing provides Burlington Stores, Inc.'s unaudited financial results and management's analysis for the first quarter of fiscal year 2016, ending April 30, 2016. It allows investors to assess the company's performance, financial health, and any significant risks or developments during the period.

Details regarding sales performance would be found within the 'Condensed Consolidated Statements of Operations' and elaborated upon in the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section of the filing.

The 'Risk Factors' section (Item 1A) outlines potential risks, which commonly include competitive pressures in the retail sector, economic downturns affecting consumer spending, challenges in inventory management, disruptions in the supply chain, and dependence on key suppliers or store locations.

No, this 10-Q filing contains unaudited financial statements. Audited financial statements are typically provided in the annual 10-K report.