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home / news releases / BURL - Burlington Stores Inc. (BURL) Q4 2023 Earnings Call Transcript


BURL - Burlington Stores Inc. (BURL) Q4 2023 Earnings Call Transcript

2024-03-07 13:29:06 ET

Burlington Stores, Inc. (BURL)

Q4 2023 Results Earnings Conference Call

March 7, 2024, 08:30 AM ET

Company Participants

David Glick - Group Senior Vice President, Investor Relations and Treasurer

Michael O'Sullivan - Chief Executive Officer

Kristin Wolfe - Executive Vice President and Chief Financial Officer

Conference Call Participants

Matthew Boss - J.P. Morgan

Ike Boruchow - Wells Fargo Securities

Lorraine Hutchinson - Bank of America Global Research

John Kernan - TD Cowen

Brooke Roach - Goldman Sachs

Alex Straton - Morgan Stanley

Adrienne Yih - Barclays Capital

Mark Altschwager - Robert W. Baird

Dana Telsey - Telsey Advisory Group

Presentation

Operator

Good morning. My name is Krista and I'll be your conference operator today. At this time, I would like to welcome everyone to the Burlington Stores Fourth Quarter 2023 Earnings Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. [Operator Instructions].

I would now like to turn the conference over to David Glick, Group Senior Vice President. David, you may begin your conference.

David Glick

Thank you, operator. And good morning, everyone. We appreciate everyone's participation in today's conference call to discuss Burlington's fiscal 2023 fourth quarter operating results.

Unless otherwise indicated, our discussion and results for the 2023 fourth quarter and full year are on a 13 or 52-week adjusted basis and exclude the impact of certain expenses associated with the acquisition of Bed Bath & Beyond leases.

Our presenters today are Michael O'Sullivan, our Chief Executive Officer, and Kristin Wolfe, our EVP and Chief Financial Officer.

Before I turn the call over to Michael, I would like to inform listeners that this call may not be transcribed, recorded or broadcast without our express permission. A replay of the call will be available until March 14, 2024. We take no responsibility for inaccuracies that may appear in transcripts of this call by third parties. Our remarks and the Q&A that follows are copyrighted today by Burlington Stores.

Remarks made on this call concerning future expectations, events, strategies, objectives, trends or projected financial results are subject to certain risks and uncertainties. Actual results may differ materially from those that are projected in such forward-looking statements. Such risks and uncertainties include those that are described in the company's 10-K for fiscal 2022 and in other filings with the SEC, all of which are expressly incorporated herein by reference.

Please note that the financial results and expectations we discuss today are on a continuing operations basis. Reconciliations of the non-GAAP measures we discuss today to GAAP measures are included in today's press release. ...

For further details see:

Burlington Stores, Inc. (BURL) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Burlington Stores Inc.
Stock Symbol: BURL
Market: NYSE
Website: burlingtoninvestors.com

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