Third Quarter 2025 Financial Results November 5, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements contained under "Fiscal 2025 Outlook," as well as other statements related to our current beliefs and expectations regarding the performance of our in ...

Core Insights - Many individuals choose to retire at 65 when Medicare coverage begins, as it helps protect retirement savings from high medical costs [1] Healthcare Expenses Not Covered by Medicare - Common healthcare expenses that Medicare does not cover include routine dental care, vision exams, and long-term care [2][3] Dental Care - Routine dental care is not covered by Medicare, leading to potential unexpected costs for older Americans [3] - Average costs for dental services without insurance include: - Dental cleaning: $75 to $200 [4] - Filling for cavities: $50 to $150 for dental amalgam, $90 to $250 for composite resin or glass ionomer [4] - Root canal: approximately $1,165 [5] - Dentures: range from $350 to $12,450 depending on type [5] Vision Care - Medicare does not cover vision care, which can be expensive; average costs for routine eye exams are about $136 without insurance [6] - Retail chains offer lower prices, with Walmart Vision Centers starting at $75 and Sam's Club exams as low as $45 [6] - Average cost of prescription eyeglasses without insurance is around $350, varying based on frames and lenses [7] Long-term Care - Medicare does not cover long-term care costs, which may include home health aides, assisted living, or nursing homes, as these are not classified as medical services [7]

Financial Highlights - Net revenues for Q2 2025 reached $486.4 million, a 7.7% increase year-over-year[13, 24] - Adjusted comparable store sales growth was 5.9% in Q2 2025, driven by higher ticket prices[13, 24] - Adjusted operating income for Q2 2025 was $23.8 million[13] - Adjusted diluted earnings per share (EPS) for Q2 2025 was $0.18[13] - Year-to-date (YTD) net revenues reached $996.7 million, a 6.7% increase[16, 38] - YTD adjusted operating income was $65.1 million, a 35.7% increase compared to the same period in 2024[16, 41] - YTD adjusted diluted EPS was $0.52, compared to $0.44 in the same period of 2024[16, 39] Store Network - The company ended Q2 2025 with 1,240 stores, reflecting a 2.0% store count growth[29] - During Q2, 8 new America's Best stores were opened, and 5 America's Best stores were closed[29] Fiscal 2025 Outlook - The company updated its fiscal 2025 outlook, projecting net revenue between $1.934 billion and $1.970 billion[52] - Adjusted comparable store sales growth is expected to be between 3.0% and 5.0%[52] - Adjusted operating income is projected to be between $85 million and $95 million[52] - Adjusted diluted EPS is expected to be between $0.62 and $0.70, assuming approximately 80 million shares[52]