Burlington Stores(BURL) - 2023 Q4 - Earnings Call Transcript

Michael O'Sullivan - Chief Executive Officer Operator Thank you, David. Good morning, everyone. And thank you for joining us. As I look back on these numbers, candidly, we would have liked to have done more. Let's start with new stores. In 2023, we opened 80 net new stores, but our goal over the last couple of years has been to ramp up to 100 net new stores a year. We have rigorous standards for the quality of new store locations, and over the last couple of years, this has made it difficult to hit this 100 ...