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Burlington Stores, Inc.
8/27/2026
Good morning and welcome to Burlington Stores, Inc. 2Q2026 earnings webcast. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. If you would like to ask a question during this time, just press star followed by the number 1 on your telephone keypad. And if you would like to withdraw your question, just press star 1 again. And please limit to one question and one follow-up. Please note that this event is being recorded. I would now like to turn the conference over to David Glick. Group Senior Vice President. Please go ahead.
Thank you, Operator, and good morning, everyone. We appreciate everyone's participation in today's conference call to discuss Burlington's fiscal 2026 second quarter operating results. 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 September 3rd, 2026. 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 and in our other filings with the SEC, all of which are expressly incorporated herein by reference. Please note that the financial results and expectations we discussed today are on a continuing operations basis. Reconciliations of the non-GAAP measures we discussed today to GAAP measures are included in today's press release. As a reminder, as indicated in this morning's press release, all historical and forward-looking profitability metrics discussed on this call exclude costs associated with bankruptcy-acquired leases. These pre-tax costs amounted to $4 million and $11 million during the fiscal year. second quarters of 2026 and 2025, respectively, and $16 million and $35 million for the full fiscal years 2026 and 2025, respectively.
Now here's Michael.
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