Burlington Stores, Inc.

Burlington Stores, Inc. (NYSE: BURL) operates as a nationally recognized off-price retailer of high-quality branded merchandise at everyday low prices. The company maintains its website at www.burlingtoninvestors.com and conducts substantially all of its retail operations through stores operating under the Burlington Stores banner, which generate over 99 percent of net sales.

The company's business model centers on offering customers an extensive selection of in-season, fashion-focused merchandise at discounts up to 60 percent off other retailers' prices. Product categories include women's ready-to-wear apparel, menswear, youth apparel, baby items, beauty products, footwear, accessories, home furnishings, toys, gifts, and coats. Sales by major category include accessories and shoes at 28 percent of revenue, ladies apparel and home goods each at 20 percent, menswear at 17 percent, kids apparel and baby at 12 percent, and outerwear at 3 percent.

As of January 31, 2026, Burlington operated 1,212 stores across 46 states, Washington D.C., and Puerto Rico, with a total gross square footage of 52.8 million and selling square footage of 33.9 million. The company employs 83,309 associates, with 79 percent in part-time or seasonal roles, 91 percent working in stores, 6 percent in distribution centers, and 3 percent in corporate functions. The workforce is 73 percent female and 79 percent racially or ethnically diverse.

Burlington's distribution network comprises six operational distribution centers occupying 5.135 million square feet, with an additional 2.057 million square foot facility in Georgia expected to become fully operational in fiscal 2026. The company also operates five warehousing facilities totaling 2.383 million square feet. The company's core customer is aged 25 to 49 years old with annual household income between $25,000 and $100,000, residing primarily in midsize to large metropolitan areas.

The company's long-term strategic target is to operate 2,000 stores, leveraging its smaller store prototype and opportunities created by retail industry disruption. Burlington owns registered trademarks including "Burlington," "Burlington Coat Factory," and "DEALS. BRANDS. WOW!" The business model emphasizes opportunistic buying, with buyers purchasing merchandise close to need and in-season to create a "treasure hunt" shopping experience that drives frequent customer visits.