Burlington Stores BURL Impairment Charges
Impairment Charges at other companies
Other financials
Where this comes from
Reported directly by Burlington Stores in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.
The source filing: Burlington Stores’s 10-Q, filed May 28, 2026.
- Filed
- May 28, 2026, 4:16 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-245274
Impairment charges on long-lived assets were $0.8 million during the first quarter of Fiscal 2026, primarily related to impairment of assets held-for-sale at one store as well as unrecoverable assets at underperforming stores. Impairment charges on long-lived assets were $0.5 million during the first quarter of Fiscal 2025, related to unrecoverable assets at underperforming stores and relocating stores, as well as lease asset impairment charges related to one of those stores.
Item 1. Financial Statements
FAQ
- What is Burlington Stores's impairment charges?
- Burlington Stores (BURL) reported impairment charges of $800K in Q1 2026.
- How has Burlington Stores's impairment charges changed year-over-year?
- Burlington Stores's impairment charges increased by 60.0% year-over-year, from $500K to $800K.
- What is the long-term trend for Burlington Stores's impairment charges?
- Over 4 years (2021 to 2025), Burlington Stores's impairment charges has grown at a 6.2% compound annual growth rate (CAGR), from $7.75M to $9.86M.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
Ask your AI about Burlington Stores's impairment charges.
Connect your AI assistant and compare it to peers, right in your chat.
