Overview
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Burkes Outlets Stores is a privately-held company, rich in tradition, owned by the founding family and its employees. It operates more than 650 retail stores. Customers can find brand name, apparel, and accessories for the entire family at up to 70% off other stores prices daily. Most stores carry shoes, home furnishings, gifts, and toys. Its stores are designed to serve customers of all ages and income levels. The company was founded in 1915. Burkes
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Read More Outlet and Bealls Outlet will rebrand under the Bealls name by the end of 2023.
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Read More Outlet and Bealls Outlet will rebrand under the Bealls name by the end of 2023.
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Michael L Glazer
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Clothing and Clothing Accessories Retailers
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Shoe Retailers
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Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
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Retail Trade
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Family clothing stores
See All Industries Shoe stores
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See All Industries Shoe stores
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Automobile Dealers
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Automotive Parts, Accessories, and Tire Retailers
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Beer, Wine, and Liquor Retailers
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Book Retailers and News Dealers
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Building Material and Supplies Dealers
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Department Stores
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Electronics and Appliance Retailers
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Florists
View more , Fuel Dealers , Furniture and Home Furnishings Retailers , Gasoline Stations , Grocery and Convenience Retailers , Health and Personal Care Retailers , Jewelry, Luggage, and Leather Goods Retailers , Lawn and Garden Equipment and Supplies Retailers , Office Supplies, Stationery, and Gift Retailers , Other Miscellaneous Retailers , Other Motor Vehicle Dealers , Shoe Retailers , Specialty Food Retailers , Sporting Goods, Hobby, and Musical Instrument Retailers , Used Merchandise Retailers Warehouse Clubs, Supercenters, and Other General Merchandise Retailers
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View more , Fuel Dealers , Furniture and Home Furnishings Retailers , Gasoline Stations , Grocery and Convenience Retailers , Health and Personal Care Retailers , Jewelry, Luggage, and Leather Goods Retailers , Lawn and Garden Equipment and Supplies Retailers , Office Supplies, Stationery, and Gift Retailers , Other Miscellaneous Retailers , Other Motor Vehicle Dealers , Shoe Retailers , Specialty Food Retailers , Sporting Goods, Hobby, and Musical Instrument Retailers , Used Merchandise Retailers Warehouse Clubs, Supercenters, and Other General Merchandise Retailers
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Contacts
Get in Touch with 5 Principals* and 504 Contacts
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Michael L GlazerPresident and Chief Executive Officer
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Financial Data
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Financial data as of ? (12 month period) in USD
Annual Revenue
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USD
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All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2019 | 2018 | 2017 |
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Net Operating Cash | -$44 | $75 | $84 |
Net Investing Cash | -$25 | -$72 | -$73 |
Net Financing Cash | $64 | $4 | -$14 |
Net Change in Cash | -$5 | $7 | -$3 |
Cash at Beginning of Period | $21 | $14 | $16 |
Cash at End of Period | $16 | $21 | $14 |
Capital Expenditure | -$31 | -$39 | -$74 |
Assets (mil) | 2019 | 2018 | 2017 |
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Current Assets | |||
Cash and Cash Equivalents | $16 | $21 | $14 |
Accounts Receivable | $ | $ | $ |
Inventories | $425 | $438 | $409 |
Other Current Assets | $53 | $52 | $42 |
Asset Summary | |||
Total Current Assets | $493 | $512 | $465 |
Tangible Fixed Assets | $225 | $253 | $284 |
Intangible Assets | $2 | $17 | $15 |
Total Assets | $744 | $806 | $787 |
Liabilities (mil) | 2019 | 2018 | 2017 |
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Current Liabilities | |||
Accounts Payable | $107 | $146 | $102 |
Short-Term Debt | $5 | $3 | $6 |
Other Current Liabilities | $66 | $64 | $60 |
Liability Summary | |||
Total Current Liabilities | $177 | $213 | $169 |
Long-Term Debt | $250 | $180 | $164 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $490 | $462 | $407 |
Stakeholder's Equity (mil) | 2019 | 2018 | 2017 |
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Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | -$120 | -$26 | $18 |
Equity Summary | |||
Total Equity | $255 | $344 | $380 |
Shares Outstanding | 28,294,000 | 27,631,000 | 27,165,000 |