Operating Expenses

Lease Costs

Burlington Stores Lease Costs increased by 1.9% to $251.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $233.37M to $251.03M.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 28, 2026

How to read this metric

Increasing lease costs may indicate expansion or a shift toward an asset-light strategy, while decreasing costs could signal consolidation or a shift toward asset ownership.

Detailed definition

This metric aggregates the total expenses incurred from leasing arrangements, including operating lease payments, variab...

Peer comparison

Standard across all sectors; peers report this under operating expenses, often broken down in lease-specific disclosures.

Metric ID: wfc_lease_costs

Historical Data

18 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$159.86M$163.86M$171.21M$169.12M$176.52M$182.06M$186.80M$191.24M$194.39M$198.08M$207.52M$213.32M$219.45M$222.78M$233.37M$238.27M$246.23M$251.03M
QoQ Change+2.5%+4.5%-1.2%+4.4%+3.1%+2.6%+2.4%+1.6%+1.9%+4.8%+2.8%+2.9%+1.5%+4.8%+2.1%+3.3%+1.9%
YoY Change+10.4%+11.1%+9.1%+13.1%+10.1%+8.8%+11.1%+9.7%+10.8%+7.4%+9.4%+8.6%+10.5%+7.6%
Range$159.86M$251.03M
CAGR+11.2%
Avg YoY Growth+9.8%
Median YoY Growth+9.9%
Current Streak14 quarters growth

Frequently Asked Questions

What is Burlington Stores's lease costs?
Burlington Stores (BURL) reported lease costs of $251.03M in Q1 2026.
How has Burlington Stores's lease costs changed year-over-year?
Burlington Stores's lease costs increased by 7.6% year-over-year, from $233.37M to $251.03M.
What does lease costs mean?
The total expense recognized for renting or leasing assets.