How many burlington stores are there

Industries to Invest In. Getting Started. Planning for Retirement. Retired: What Now? Personal Finance. Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Sep 21, at AM. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on Twitter for the latest news and commentary on the airline industry!

Follow AdamLLW. We do not undertake to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied in such statements will not be realized. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.

For each of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of , as amended.

Adjusted Net Income Loss is defined as net income loss , exclusive of the following items, if applicable: i net favorable lease costs; ii costs related to debt issuances and amendments; iii loss on extinguishment of debt; iv impairment charges; v amounts related to certain litigation matters; vi non-cash interest expense on convertible notes; vii costs related to closing the e-commerce store; and viii other unusual, non-recurring or extraordinary expenses, losses, charges or gains, all of which are tax effected to arrive at Adjusted Net Income Loss.

Adjusted EPS is defined as Adjusted Net Income Loss divided by the diluted weighted average shares outstanding, as defined in the table below. Adjusted EBITDA is defined as net income loss , exclusive of the following items, if applicable: i interest expense; ii interest income; iii loss on extinguishment of debt; iv income tax expense; v depreciation and amortization; vi impairment charges; vii costs related to debt issuances and amendments; viii amounts related to certain litigation matters; ix costs related to closing the e-commerce store; and x other unusual, non-recurring or extraordinary expenses, losses, charges or gains.

Adjusted EBIT or Adjusted Operating Margin is defined as net income loss , exclusive of the following items, if applicable: i interest expense; ii interest income; iii loss on extinguishment of debt; iv income tax expense; v impairment charges; vi net favorable lease costs; vii costs related to debt issuances and amendments; viii amounts related to certain litigation matters; ix costs related to closing the e-commerce store; and x other unusual, non-recurring or extraordinary expenses, losses, charges or gains.

Gross margin rate was Product sourcing costs include the costs of processing goods through our supply chain and buying costs. The effective tax rate was The Adjusted Effective Tax Rate was Fully diluted shares outstanding amounted to Given the volatility in Fiscal results caused by COVID and to assist with comparability, all first quarter Fiscal comparisons are made versus the first quarter of Fiscal Prior to adoption, the convertible notes were separated into debt and equity components, and our income statement reflected an effective interest rate of 8.

Following adoption of the new guidance, we are now showing the entire principal amount as debt on the balance sheet, and the income statement reflects an effective interest rate of 2. We decided to adopt this guidance early, because we believe it brings our financial statements more in-line with the actual terms of the notes.

Outlook Given the uncertainty surrounding the pace of the recovery of consumer demand and the ongoing COVID pandemic, the Company is not providing sales or earnings guidance for Fiscal the weeks ending January 29, at this time. About Burlington Stores, Inc. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

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