Burlington Stores posts strong Q1 with 6% sales rise and EPS beat, raises full-year outlook.

Burlington Stores reported strong first-quarter results with a 6% increase in comparable store sales and earnings per share exceeding expectations by $0.30. The company raised its full-year earnings guidance to a range of $11.45 to $11.80, driven by robust EPS growth and margin expansion. Burlington plans to open 115 net new stores by 2026 and is gaining market share from competitors TJX and Ross Stores. The stock remains attractively valued with a 30x price-to-earnings ratio, suggesting over 20% upside potential, supported by positive technical indicators.