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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)


☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended November 1, 2025


☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission File Number 001-36107

BURLINGTON STORES, INC.

(Exact name of registrant as specified in its charter)


Delaware		80-0895227
(State or Other Jurisdiction of Incorporation or Organization)		(I.R.S. Employer Identification No.)

2006 Route 130 North Burlington, New Jersey		08016
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (609) 387-7800

Securities registered pursuant to Section 12(b) of the Act:

     Title of each class

     Trading
Symbol(s)

     Name of each exchange on which registered

     Common stock

     BURL

     New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.


Large accelerated filer	☒	Accelerated filer	☐

Non-Accelerated filer	☐	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

The registrant had 62,927,006 shares of common stock outstanding as of November 1, 2025.

BURLINGTON STORES, INC.

INDEX


		Page
Part I—Financial Information		3

Item 1. Financial Statements (unaudited)		3

Condensed Consolidated Statements of Income - Three and Nine Months Ended November 1, 2025 and November 2, 2024		3

Condensed Consolidated Statements of Comprehensive Income – Three and Nine Months Ended November 1, 2025 and November 2, 2024		4

Condensed Consolidated Balance Sheets – November 1, 2025, February 1, 2025 and November 2, 2024		5

Condensed Consolidated Statements of Cash Flows – Nine Months Ended November 1, 2025 and November 2, 2024		6

Notes to Condensed Consolidated Financial Statements		7

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations		22

Item 3. Quantitative and Qualitative Disclosures About Market Risk		36

Item 4. Controls and Procedures		37

Part II—Other Information		37

Item 1. Legal Proceedings		37

Item 1A. Risk Factors		37

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		39

Item 3. Defaults Upon Senior Securities		39

Item 4. Mine Safety Disclosures		39

Item 5. Other Information		39

Item 6. Exhibits		40

SIGNATURES		41

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements

BURLINGTON STORES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

(All amounts in thousands, except per share data)


	Three Months Ended						Nine Months Ended
	November 1,			November 2,			November 1,			November 2,
	2025			2024			2025			2024
REVENUES:
Net sales	$	2,706,003		$	2,526,174		$	7,907,104		$	7,344,685
Other revenue		4,437			4,522			12,427			13,081
Total revenue		2,710,440			2,530,696			7,919,531			7,357,766
COSTS AND EXPENSES:
Cost of sales		1,509,853			1,418,143			4,434,573			4,156,989
Selling, general and administrative expenses		947,518			893,092			2,765,507			2,582,299
Costs related to debt amendments		—			4,553			112			4,553
Depreciation and amortization		99,283			87,470			285,876			256,094
Impairment charges - long-lived assets		3,786			3,044			5,881			11,254
Other income - net		(2,309	)		(5,874	)		(9,326	)		(12,028	)
Loss on extinguishment of debt		—			1,412			—			1,412
Interest income		(4,904	)		(6,951	)		(13,737	)		(21,151	)
Interest expense		19,154			17,769			52,391			51,000
Total costs and expenses		2,572,381			2,412,658			7,521,277			7,030,422
Income before income tax expense		138,059			118,038			398,254			327,344
Income tax expense		33,309			27,441			98,487			84,473
Net income	$	104,750		$	90,597		$	299,767		$	242,871

Net income per common share:
Common stock - basic	$	1.66		$	1.43		$	4.75		$	3.81
Common stock - diluted	$	1.63		$	1.40		$	4.68		$	3.77
Weighted average number of common shares:
Common stock - basic		62,982			63,563			63,044			63,723
Common stock - diluted		64,068			64,619			64,027			64,395

See Notes to Condensed Consolidated Financial Statements.

BURLINGTON STORES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

(All amounts in thousands)


	Three Months Ended						Nine Months Ended
	November 1,			November 2,			November 1,			November 2,
	2025			2024			2025			2024

Net income	$	104,750		$	90,597		$	299,767		$	242,871
Other comprehensive income, net of tax:
Interest rate derivative contracts:
Net unrealized gain (loss) arising during the period		199			15,895			(19,389	)		14,593
Net reclassification into earnings during the period		(3,194	)		(3,476	)		(9,284	)		(10,166	)
Other comprehensive (loss) income, net of tax		(2,995	)		12,419			(28,673	)		4,427
Total comprehensive income	$	101,755		$	103,016		$	271,094		$	247,298

See Notes to Condensed Consolidated Financial Statements.

BURLINGTON STORES, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(All amounts in thousands, except share and per share data)


	November 1,			February 1,			November 2,
	2025			2025			2024
ASSETS
Current assets:
Cash and cash equivalents	$	584,079		$	994,698		$	857,800
Accounts receivable—net		116,223			88,079			102,872
Merchandise inventories		1,658,435			1,250,775			1,440,695
Assets held for disposal		3,364			32,193			32,444
Prepaid and other current assets		299,925			263,058			256,609
Total current assets		2,662,026			2,628,803			2,690,420
Property and equipment—net		2,938,985			2,369,720			2,109,025
Operating lease assets		3,638,825			3,386,852			3,264,632
Tradenames		238,000			238,000			238,000
Goodwill		47,064			47,064			47,064
Deferred tax assets		2,312			2,248			2,131
Other assets		69,506			97,726			91,588
Total assets	$	9,596,718		$	8,770,413		$	8,442,860

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	1,118,350		$	1,038,148		$	1,101,920
Current operating lease liabilities		405,330			406,891			401,840
Other current liabilities		659,563			656,581			626,860
Current maturities of long term debt		19,953			170,891			170,823
Total current liabilities		2,203,196			2,272,511			2,301,443
Long term debt		2,015,471			1,539,918			1,542,712
Long term operating lease liabilities		3,504,001			3,253,825			3,124,116
Other liabilities		74,303			74,402			74,091
Deferred tax liabilities		272,238			259,261			254,011
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, $0.0001 par value: authorized: 50,000,000 shares; no shares issued and outstanding		—			—			—
Common stock, $0.0001 par value:
Authorized: 500,000,000 shares
Issued: 83,320,487 shares, 82,805,353 shares and 82,781,089 shares, respectively
Outstanding: 62,927,006 shares, 63,284,385 shares, 63,481,004 shares, respectively		9			8			8
Additional paid-in-capital		2,342,978			2,237,579			2,216,224
Accumulated earnings		1,787,471			1,487,703			1,226,935
Accumulated other comprehensive income		13,849			42,522			37,960
Treasury stock, at cost		(2,616,798	)		(2,397,316	)		(2,334,640	)
Total stockholders' equity		1,527,509			1,370,496			1,146,487
Total liabilities and stockholders' equity	$	9,596,718		$	8,770,413		$	8,442,860

See Notes to Condensed Consolidated Financial Statements.

BURLINGTON STORES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(All amounts in thousands)


	Nine Months Ended
	November 1,			November 2,
	2025			2024
OPERATING ACTIVITIES
Net income	$	299,767		$	242,871
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization		285,876			256,094
Impairment charges—long-lived assets		5,881			11,254
Amortization of deferred financing costs		2,141			2,285
Accretion of long term debt instruments		1,243			732
Deferred income taxes		23,337			25,094
Loss on extinguishment of debt		—			1,412
Non-cash stock compensation expense		81,693			69,296
Non-cash lease expense		(2,687	)		(4,891	)
Cash received from landlord allowances		31,094			9,253
Changes in assets and liabilities:
Accounts receivable		(28,400	)		(29,120	)
Merchandise inventories		(407,660	)		(352,854	)
Prepaid and other current assets		(42,894	)		(40,445	)
Accounts payable		78,282			163,738
Other current liabilities		(19,690	)		(22,564	)
Other long term assets and long term liabilities		(5,153	)		376
Other operating activities		(8,966	)		(12,319	)
Net cash provided by operating activities		293,864			320,212
INVESTING ACTIVITIES
Cash paid for property and equipment		(842,195	)		(527,065	)
Lease acquisition costs		(23,338	)		(9,306	)
Net proceeds from sale of property and equipment and assets held for sale		27,720			485
Net cash used in investing activities		(837,813	)		(535,886	)
FINANCING ACTIVITIES
Proceeds from long term debt—ABL Line of Credit		150,000			—
Principal payments on long term debt—ABL Line of Credit		(150,000	)		—
Proceeds from long term debt—Term Loan Facility		495,000			605,843
Principal payments on long term debt—Term Loan Facility		(11,888	)		(299,472	)
Principal payment on long term debt— 2025 Convertible Notes		(156,158	)		—
Purchase of treasury shares		(218,199	)		(194,200	)
Proceeds from stock option exercises		23,710			28,573
Other financing activities		865			7,371
Net cash provided by financing activities		133,330			148,115
Decrease in cash and cash equivalents		(410,619	)		(67,559	)
Cash and cash equivalents at beginning of period		994,698			925,359
Cash and cash equivalents at end of period	$	584,079		$	857,800
Supplemental disclosure of cash flow information:
Interest paid	$	75,928		$	61,939
Income tax payments - net	$	141,392		$	137,484
Non-cash investing and financing activities:
Finance lease modification	$	—		$	(1,523	)
Accrued purchases of property and equipment	$	126,291		$	93,266

See Notes to Condensed Consolidated Financial Statements.

BURLINGTON STORES, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

November 1, 2025

(Unaudited)

1. Summary of Significant Accounting Policies

Basis of Presentation

As of November 1, 2025, Burlington Stores, Inc., a Delaware corporation (collectively with its subsidiaries, the Company), through its indirect subsidiary Burlington Coat Factory Warehouse Corporation (BCFWC), operated 1,211 retail stores.

These unaudited Condensed Consolidated Financial Statements include the accounts of Burlington Stores, Inc. and its subsidiaries. All inter-company accounts and transactions have been eliminated in consolidation. The Condensed Consolidated Financial Statements are unaudited, but in the opinion of management reflect all adjustments (which are of a normal and recurring nature) necessary for the fair presentation of the results of operations for the interim periods presented. Certain information and note disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted. These Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2025 (Fiscal 2024 10-K). The balance sheet at February 1, 2025 presented herein has been derived from the audited Consolidated Financial Statements contained in the Fiscal 2024 10-K. Because the Company’s business is seasonal in nature, the operating results for the three and nine month periods ended November 1, 2025 are not necessarily indicative of results for the fiscal year.

Accounting policies followed by the Company are described in Note 1, “Summary of Significant Accounting Policies,” included in Part II, Item 8 of the Fiscal 2024 10-K.

Fiscal Year

The Company defines its fiscal year as the 52 or 53-week period ending on the Saturday closest to January 31. Fiscal 2025 is defined as the 52-week year ending January 31, 2026, and Fiscal 2024 is defined as the 52-week year ended February 1, 2025. The first, second and third quarters of Fiscal 2025 and Fiscal 2024 each consist of 13 weeks.

Segment Reporting

The Company reports segment information in accordance with ASC Topic No. 280 “Segment Reporting,” and has one reportable segment. The Company derives all revenue in the United States and manages its business activities on a consolidated basis.

The Company is an off-price retailer that derives revenues from customers by providing a complete line of value-priced apparel, including: women’s ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts and coats. The Company’s chief operating decision maker (CODM) is the Chief Executive Officer of the Company.

The CODM assesses performance for the segment and decides how to allocate resources based on net income that also is reported on the Condensed Consolidated Statements of Income. The measure of segment assets is reported on the Condensed Consolidated Balance Sheets as total assets. Net income is used to monitor budget versus actual results, as well as actual results compared to the prior period. These comparisons are used in assessing performance of the segment and in establishing management’s allocation of resources. Below is an extract of certain disaggregated expense information that is regularly provided to the CODM.


	(in thousands)
	Three Months Ended						Nine Months Ended
	November 1,			November 2,			November 1,			November 2,
	2025			2024			2025			2024
Total revenue	$	2,710,440		$	2,530,696		$	7,919,531		$	7,357,766

Cost of sales		1,509,853			1,418,143			4,434,573			4,156,989
Product sourcing costs		213,986			209,307			619,784			583,523
Other segment expenses (a)		733,532			683,785			2,145,723			1,998,776
Costs related to debt amendments		—			4,553			112			4,553
Depreciation and amortization		99,283			87,470			285,876			256,094
Impairment charges - long-lived assets		3,786			3,044			5,881			11,254
Other income - net		(2,309	)		(5,874	)		(9,326	)		(12,028	)
Loss on extinguishment of debt		—			1,412			—			1,412
Interest income		(4,904	)		(6,951	)		(13,737	)		(21,151	)
Interest expense		19,154			17,769			52,391			51,000
Income tax expense		33,309			27,441			98,487			84,473
Net income	$	104,750		$	90,597		$	299,767		$	242,871

(a)

The other segment expenses category includes store related costs, store payroll costs, corporate costs, marketing & strategy costs, and other store & selling expenses.

New Accounting Pronouncements

There were no new accounting standards that had a material impact on the Company’s Condensed Consolidated Financial Statements and notes thereto during the three and nine month periods ended November 1, 2025.

In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topics 740): Improvements to Income Tax Disclosures" (ASU 2023-09) to expand the disclosure requirements for income taxes, specifically related to the rate reconciliation and income taxes paid. ASU 2023-09 is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted and can be applied on either a prospective or retroactive basis. The Company is currently evaluating the impact of ASU 2023-09 on its disclosures in the consolidated financial statements.

In November 2024, the FASB issued ASU 2024-03, "Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of income statement expenses" (ASU 2024-03), which requires disaggregated disclosure of income statement expenses for public business entities. ASU 2024-03 is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of ASU 2024-03 on its disclosures in the consolidated financial statements.

In September 2025, the FASB issued ASU 2025-06, "Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40)" (ASU 2025-06), which amends certain aspects of the accounting for and disclosure of software costs under ASC 350-40. ASU 2025-06 is effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods, with early adoption permitted. The Company is currently evaluating the impact of ASU 2025-06 on its disclosures in the consolidated financial statements.

2. Stockholders’ Equity

Activity for the three and nine month periods ended November 1, 2025 and November 2, 2024 in the Company’s stockholders’ equity is summarized below:


	(in thousands, except share data)
	Common Stock				Additional Paid-in			Accumulated		Accumulated Other Comprehensive			Treasury Stock
	Shares		Amount		Capital			Earnings		Income (Loss)			Shares			Amount			Total
Balance at February 1, 2025		82,805,353	$	8	$	2,237,579		$	1,487,703	$	42,522			(19,520,968	)	$	(2,397,316	)	$	1,370,496
Net income		—		—		—			100,833		—			—			—			100,833
Stock options exercised		20,536		—		2,766			—		—			—			—			2,766
Shares used for tax withholding		—		—		—			—		—			(96,295	)		(22,347	)		(22,347	)
Shares issued as part of convertible debt settlement		57,149		1		(5	)		—		—			—			—			(4	)
Shares purchased as part of publicly announced program, inclusive of $0.6 million related to excise tax		—		—		—			—		—			(445,285	)		(105,851	)		(105,851	)
Vesting of restricted shares		266,170		—		—			—		—			—			—			—
Stock based compensation		—		—		21,817			—		—			—			—			21,817
Unrealized losses on interest rate derivative contracts, net of related taxes of $4.5 million		—		—		—			—		(12,532	)		—			—			(12,532	)
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.1 million		—		—		—			—		(2,981	)		—			—			(2,981	)
Balance at May 3, 2025		83,149,208		9		2,262,157			1,588,536		27,009			(20,062,548	)		(2,525,514	)		1,352,197
Net income		—		—		—			94,185		—			—			—			94,185
Stock options exercised		31,490		—		5,664			—		—			—			—			5,664
Shares used for tax withholding		—		—		—			—		—			(5,634	)		(1,451	)		(1,451	)
Shares purchased as part of publicly announced program, inclusive of $0.2 million related to excise tax		—		—		—			—		—			(102,474	)		(26,061	)		(26,061	)
Vesting of restricted shares		24,974		—		—			—		—			—			—			—
Stock based compensation		—		—		32,448			—		—			—			—			32,448
Unrealized losses on interest rate derivative contracts, net of related taxes of $2.6 million		—		—		—			—		(7,055	)		—			—			(7,055	)
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.1 million		—		—		—			—		(3,110	)		—			—			(3,110	)
Balance at August 2, 2025		83,205,672		9		2,300,269			1,682,721		16,844			(20,170,656	)		(2,553,026	)		1,446,817
Net income		—		—		—			104,750		—			—			—			104,750
Stock options exercised		90,043		—		15,280			—		—			—			—			15,280
Shares used for tax withholding		—		—		—			—		—			(8,853	)		(2,446	)		(2,446	)
Shares purchased as part of publicly announced program, inclusive of $0.5 million related to excise tax		—		—		—			—		—			(213,972	)		(61,326	)		(61,326	)
Vesting of restricted shares		24,772		—		—			—		—			—			—			—
Stock based compensation		—		—		27,429			—		—			—			—			27,429
Unrealized gains on interest rate derivative contracts, net of related taxes of $0.1 million		—		—		—			—		199			—			—			199
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.2 million		—		—		—			—		(3,194	)		—			—			(3,194	)
Balance at November 1, 2025		83,320,487	$	9	$	2,342,978		$	1,787,471	$	13,849			(20,393,481	)	$	(2,616,798	)	$	1,527,509


	(in thousands, except share data)
	Common Stock				Additional Paid-in		Accumulated		Accumulated Other Comprehensive			Treasury Stock
	Shares		Amount		Capital		Earnings		Income (Loss)			Shares			Amount			Total
Balance at February 3, 2024		82,399,577	$	8	$	2,118,356	$	984,064	$	33,533			(18,435,206	)	$	(2,139,029	)	$	996,932
Net income		—		—		—		78,514		—			—			—			78,514
Stock options exercised		55,688		—		8,472		—		—			—			—			8,472
Shares used for tax withholding		—		—		—		—		—			(63,407	)		(12,222	)		(12,222	)
Shares purchased as part of publicly announced program, inclusive of $0.4 million related to excise tax		—		—		—		—		—			(312,238	)		(63,769	)		(63,769	)
Vesting of restricted shares		181,607		—		—		—		—			—			—			—
Stock based compensation		—		—		19,107		—		—			—			—			19,107
Unrealized gains on interest rate derivative contracts, net of related taxes of $2.8 million		—		—		—		—		7,735			—			—			7,735
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.2 million		—		—		—		—		(3,343	)		—			—			(3,343	)
Balance at May 4, 2024		82,636,872		8		2,145,935		1,062,578		37,925			(18,810,851	)		(2,215,020	)		1,031,426
Net income		—		—		—		73,760		—			—			—			73,760
Stock options exercised		89,961		—		15,393		—		—			—			—			15,393
Shares used for tax withholding		—		—		—		—		—			(3,790	)		(916	)		(916	)
Shares purchased as part of publicly announced program, inclusive of $0.5 million related to excise tax		—		—		—		—		—			(269,508	)		(61,721	)		(61,721	)
Vesting of restricted shares		19,674		—		—		—		—			—			—			—
Stock based compensation		—		—		24,779		—		—			—			—			24,779
Unrealized gains on interest rate derivative contracts, net of related taxes of $3.3 million		—		—		—		—		(9,037	)		—			—			(9,037	)
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.2 million		—		—		—		—		(3,347	)		—			—			(3,347	)
Balance at August 3, 2024		82,746,507		8		2,186,107		1,136,338		25,541			(19,084,149	)		(2,277,657	)		1,070,337
Net income		—		—		—		90,597		—			—			—			90,597
Stock options exercised		26,519		—		4,707		—		—			—			—			4,707
Shares used for tax withholding		—		—		—		—		—			(2,564	)		(601	)		(601	)
Shares purchased as part of publicly announced program, inclusive of $0.5 million related to excise tax		—		—		—		—		—			(213,372	)		(56,382	)		(56,382	)
Vesting of restricted shares		8,063		—		—		—		—			—			—			—
Stock based compensation		—		—		25,410		—		—			—			—			25,410
Unrealized gains on interest rate derivative contracts, net of related taxes of $5.8 million		—		—		—		—		15,895			—			—			15,895
Amount reclassified from accumulated other comprehensive income into earnings, net of related taxes of $1.3 million		—		—		—		—		(3,476	)		—			—			(3,476	)
Balance at November 2, 2024		82,781,089	$	8	$	2,216,224	$	1,226,935	$	37,960			(19,300,085	)	$	(2,334,640	)	$	1,146,487

3. Lease Commitments

The Company’s leases primarily consist of stores, distribution facilities and office space under operating and finance leases that will expire principally during the next 30 years. The leases typically include renewal options at five-year intervals and escalation clauses. Lease renewals are only included in the lease liability to the extent that they are reasonably assured of being exercised. The Company’s leases typically provide for contingent rentals based on a percentage of gross sales. Contingent rentals are not included in the lease liability, and they are recognized as variable lease cost when incurred.

The following is a schedule of the Company’s future lease payments:


	(in thousands)
Fiscal Year	Operating Leases		Finance Leases
2025 (remainder)	$	149,477		907
2026		665,516		3,640
2027		700,539		3,640
2028		660,332

Burlington Stores, Inc. 10-Q