US stock market surge | Q2 financial report exceeds expectations, Burlington Stores (BURL.US) up over 6%

date
29/08/2025
According to the Wise Finance app, on Thursday, Burlington Stores (BURL.US) surged over 6%, reaching a new high in nearly four years, at $298.46. In terms of news, the company released its second-quarter financial report for the 2025 fiscal year on August 28th, with revenue of $2.705 billion, a 10% increase year-on-year, surpassing market expectations of $2.652 billion; comparable store sales increased by 5%, adjusted earnings per share were $1.72, significantly exceeding expectations of $1.29-1.32. Burlington raised its adjusted earnings per share guidance for the 2025 fiscal year to $9.19-9.59, higher than the previous expectation of $8.70-9.30, and expects total sales to increase by 7-8% year-on-year.