What Burlington Stores, Inc. told the SEC could break it.

Though merchandise is bought from US-based vendors, production is primarily overseas, so Burlington was impacted by 2025 tariff volatility and retaliatory tariffs; a Feb 2026 Supreme Court IEEPA ruling adds uncertainty over recovering previously paid tariffs.

“Although we source the majority of our merchandise from third party vendors located in the U.S., the production of that merchandise occurs primarily overseas. As a result, we have been impacted by the volatility in effective tariffs, including new tariffs that commenced in 2025, retaliatory tariffs and other restrictions on trade that have resulted and may result in the future.”

Extreme weather in areas of high store concentration, or affecting the six distribution centers (three in NJ, three in CA), could damage stores/DCs and disrupt operations.

“Extreme weather conditions in the areas in which our stores or distribution centers are located - especially in areas with a high concentration of our stores - could have a material adverse effect on our business, financial condition and results of operations.”