Burlington Stores — Nov 25, 2025 release

For the fourth quarter of Fiscal 2025 (the 13 weeks ending January 31, 2026), the Company now expects: • Total sales to increase in the range of 7% to 9%; this assumes comparable store sales will increase in the range of 0% to 2% versus the fourth quarter of Fiscal 2024; • Adjusted EBIT margin to increase 30 to 50 basis points versus the fourth quarter of Fiscal 2024; excludes approximately $7 million of anticipated expenses associated with bankruptcy acquired leases in the fourth quarter of Fiscal 2025 and $5 million incurred in the prior period; • An effective tax rate of approximately 26%; and  • Adjusted EPS in the range of $4.50 to $4.70, as compared to $4.13 in Adjusted EPS last year; excludes $5 million of anticipated expenses, net of tax, associated with bankruptcy acquired leases in the fourth quarter of Fiscal 2025 and $4 million incurred in the prior period. 3     The Company has not presented a quantitative reconciliation of the forward-looking non-GAAP financial measures set out above to their most comparable GAAP financial measures because it would require the Company to create estimated ranges on a GAAP basis, which would entail unreasonable effort. Adjustments required to reconcile forward-looking non-GAAP measures cannot be predicted with reasonable certainty but may include, among others, costs related to debt amendments, loss on extinguishment of debt, and impairment charges, as well as the tax effect of such items. Some or all of those adjustments could be significant. Note Regarding Non-GAAP Financial Measures The foregoing discussion of the Company’s operating results includes references to Adjusted SG&A, Adjusted EBITDA, Adjusted Net Income, Adjusted Earnings per Share (or Adjusted EPS), Adjusted EBIT (or Adjusted Operating Income), Adju