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Burlington Stores Stock Soars on Impressive First-Quarter Earnings

Burlington Stores Stock Soars on Impressive First-Quarter Earnings

Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5. The off-price retailer generated net sales of $1.52 billion, exceeding analysts’ expectation of $1.49 billion. Burlington Stores’ sales grew 12.8% on a year-over-year basis.