Founded in 1924, Burlington Stores is an American discount retailer specializing in ready-to-wear clothing, outerwear, and footwear. Despite overall retail pressure in 2018, the company achieved growth against the trend, joining T.J. Maxx and Ross Stores as a leading discount retailer. Fourth-quarter 2023 financial data showed both profit and sales exceeding expectations, driving its stock price up over 7% in a single day.
Burlington 2.0, a strategically optimized product portfolio, has resulted in multiple price target increases for the company in 2025. Analysts predict a 19% compound annual growth rate in EPS over the next five years. Bain Capital acquired the company for $2.06 billion in 2006 and added it to its consumer investment portfolio.

Burlington Stores, Inc. (Burl), also known as Burlington Stores, Inc. (NYSE: BURL), was founded in 1924 by Monroe Milstein as the Burlington Coat Factory Warehouse Store in Burlington Township, New Jersey, USA.
In 2006, it was acquired by Bain Capital for US$2.06 billion (HK$15.9 billion). The company sells clothing, outerwear, footwear, and babywear in the United States. Its CEO is Thomas A. Kingsbury.
The company was relisted on the New York Stock Exchange on October 1, 2013. The IPO price was US$17 (HK$130), and the placement of 13.3 million shares raised US$226.7 million (HK$1.8 billion).
Company Name: Burlington Corporation.
Official Domain: burlingtoninvestors.com.
Domain Created:
Country: United States.
Headquartered in Burlington, USA.
Founded on August 22, 2013.