Burlington Stores — Nov 25, 2025 release

As of the end of the third quarter of Fiscal 2025, the Company had $444 million remaining on its current share repurchase program authorization.      Outlook For the full Fiscal Year 2025 (the 52-weeks ending January 31, 2026), the Company now expects: • Total sales to increase by approximately 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 1% 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 104 net new stores;  • Depreciation and amortization to be approximately $395 million;  • Adjusted EBIT margin to increase in the range of 60 to 70 basis points versus the 52-weeks ended February 1, 2025; excludes $34 million of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2025 and $16 million incurred in Fiscal 2024; • Net interest expense to be approximately $50 million;  • An Adjusted Effective Tax Rate of approximately 25%; and • Adjusted EPS in the range of $9.69 to $9.89, as compared to $8.35 of Adjusted EPS last year; excludes $26 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2025 and $12 million incurred in Fiscal 2024. This assumes a fully diluted share count of approximately 64 million shares. 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