Burlington Stores (BURL) Financials

Burlington Stores Inc (BURL) is a leading off-price retailer of high-quality, branded apparel, at everyday low prices. The company operates 761 stores in 45 states and Puerto Rico, offering a wide range of products for men, women, and children. Burlington Stores Inc (BURL) has been able to achieve consistent growth and profitability due to its strong financial performance. Let's take a closer look at the company's financials.

The income statement of Burlington Stores Inc (BURL) provides an overview of the company's revenues and expenses. As of the latest financial report, the total revenue for the company was $7.3 billion. The gross profit stood at $2.9 billion, representing a gross margin of 39.7%. The operating income, measured by EBIT (earnings before interest and taxes), was $783 million. EBITDA (earnings before interest, taxes, depreciation, and amortization) was $1 billion.

Net income from stockholders, which reflects the final profit available to shareholders, was $594 million. This represents a net profit margin of 8.1%. The balance sheet of Burlington Stores Inc (BURL) highlights the financial position of the company. The total assets amounted to $6.5 billion, with stockholders' equity of $2 billion. The total liabilities were $4.5 billion, including total debt of $2.4 billion.

The company's cash equivalents, which include cash and short-term investments, stood at $501 million. Net debt, calculated by subtracting cash equivalents from total debt, equaled $1.9 billion. Burlington Stores Inc (BURL) has been able to generate positive cash flow from its operations. The operating cash flow for the last reporting period was $895 million. This shows the company's ability to generate cash from its core business activities.

The financing cash flow, which includes activities related to borrowing, repayments, and dividends, resulted in cash outflows of $116 million. The investing cash flow, which reflects activities such as capital expenditures and acquisitions, resulted in cash outflows of $334 million. The free cash flow, calculated by subtracting capital expenditures from operating cash flow, was $561 million.

Burlington Stores Inc (BURL) remains committed to delivering value to its shareholders. The company's strong financial performance and ability to generate cash flow provide a solid foundation for future growth and expansion. With its focus on providing customers with high-quality products at affordable prices, Burlington Stores Inc (BURL) is well-positioned in the retail industry.