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.

If you liked this article you might like

Nordstrom Is Reportedly Going Private and Department Store Stocks Spiked

Nordstrom Is Reportedly Going Private and Department Store Stocks Spiked

Jim Cramer: The Surprising Stock Market Winners That Investors Are Chasing

Jim Cramer: The Surprising Stock Market Winners That Investors Are Chasing

Jim Cramer: Is Something Bigger Going on in Retail?

Jim Cramer: Is Something Bigger Going on in Retail?

Cramer: This Is a Healthy Market

Cramer: This Is a Healthy Market

Good Signs for Retail and Energy Stocks Are All Over the Place

Good Signs for Retail and Energy Stocks Are All Over the Place