Why Burlington Stores (BURL) Stock Is Surging Today

NEW YORK (TheStreet) -- Shares of Burlington Stores, Inc. (BURL) are surging 10.09% to $31.87 after the company raised its comparable store sales guidance to increase between 3% and 4% for the second quarter for the weeks ending August 2, versus the 13 weeks ended August 3, 2013. 

Also, the discount retailer announced the launch of a debt refinancing transaction.

Must Read
: Warren Buffett's 25 Favorite Growth Stocks

BURL Chart
BURL data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers