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.
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