Burlington Stores — Mar 5, 2026 release

As of the end of the fourth quarter of Fiscal 2025, the Company had $385 million remaining on its current share repurchase program authorization.      Outlook For Fiscal Year 2026 (the 52-weeks ending January 30, 2027), the Company expects: • Total sales to increase in the range of 8% to 10% on top of the 9% increase for the 52-weeks ended January 31, 2026; this assumes comparable store sales will increase in the range of 1% to 3%, on top of the 2% increase for the 52-weeks ended January 31, 2026; • Capital expenditures, net of landlord allowances, to be approximately $875 million; • To open 110 net new stores, as well as a new distribution center in Savannah, GA; • Depreciation and amortization to be approximately $465 million;  • Adjusted EBIT margin to increase in the range of 0 to 20 basis points versus the 52-weeks ended January 31, 2026; excludes $8 million of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2026 vs. $35 million incurred in Fiscal 2025; • Net interest expense to be approximately $60 million;  • An Adjusted Effective Tax Rate of approximately 25%; and • Adjusted EPS in the range of $10.95 to $11.45, as compared to $10.17 of Adjusted EPS in Fiscal 2025; excludes $6 million, net of tax, of anticipated expenses associated with bankruptcy acquired leases in Fiscal 2026 vs. $26 million incurred in Fiscal 2025. This assumes a fully diluted share count of approximately 64 million shares. For the First Quarter of Fiscal 2026 (the 13 weeks ending May 2, 2026), the Company expects: • Total sales to increase in the range of 9% to 11%; this assumes comparable store sales will increase in the range of 2% to 4% versus the first quarter of Fiscal 2025; • Adjusted EBIT margin to decrease 60 to 100 basis points versus the first quarter of Fiscal 2025; excludes approximately $6 million of anticipated expenses associated with bankruptcy acquired leases in the first quarter of Fiscal 2026 vs. $6 million incurred in the prior period; • An Adjusted Effective Tax Rate of approximately 19%; and  • Adjusted EPS in the range of $1.60 to $1.75, as compared to $1.67 in Adjusted EPS in the first quarter of Fiscal 2025; excludes $5 million, net of tax, of anticipated expenses associated with 3     bankruptcy acquired leases in the first quarter