Burlington Stores — Mar 6, 2025 release

  Outlook For Fiscal Year 2025 (the 52-weeks ending January 31, 2026), the Company expects: • Total sales to increase in the range of 6% to 8% on top of the 11% increase for the 52-weeks ended February 1, 2025; this assumes comparable store sales will increase in the range of 0% to 2%, on top of the 4% increase for the 52-weeks ended February 1, 2025; • Capital expenditures, net of landlord allowances, to be approximately $950 million; • To open approximately 100 net new stores; • Depreciation and amortization to be approximately $385 million; 3     • Adjusted EBIT margin to increase in the range of 0 to 30 basis points versus the 52 weeks ended February 1, 2025; excludes $13 million of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2025 vs. $16 million in Fiscal 2024; • Net interest expense to be approximately $57 million; • An Adjusted Effective Tax Rate of approximately 25%; and • Adjusted EPS in the range of $8.70 to $9.30, as compared to $8.35 of Adjusted EPS last year; excludes $10 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2025 vs. $12 million in Fiscal 2024. This assumes a fully diluted share count of approximately 65 million shares. For the first quarter of Fiscal 2025 (the 13-weeks ending May 3, 2025), the Company expects: • Total sales to increase in the range of 5% to 7%; this assumes comparable store sales will be flattish versus the first quarter of Fiscal 2024; • Adjusted EBIT margin to decrease 50 to 90 basis points versus the first quarter of Fiscal 2024; excludes approximately $6 million of anticipated expenses associated with bankruptcy acquired leases vs. the same amount in the first quarter of Fiscal 2024; • An effective tax rate of approximately 23%; and • Adjusted EPS in the