Burlington Stores (NYSE: BURL) saw its stock surge 5.62% in pre-market trading on Thursday following the release of its first-quarter earnings report, which exceeded analyst expectations. The off-price retailer demonstrated resilience in a challenging retail environment, posting strong results and providing an optimistic outlook for the future.

The company reported adjusted earnings per share of $1.67 for the first quarter, significantly surpassing the analyst consensus estimate of $1.41. This represents an impressive 18.52% increase from the $1.35 per share reported in the same period last year. While quarterly sales of $2.50 billion slightly missed the analyst estimate of $2.52 billion, it still marked a 6.01% increase compared to the previous year's $2.36 billion.

Looking ahead, Burlington Stores provided a positive outlook for both the second quarter and the full fiscal year 2025. The company expects Q2 adjusted EPS in the range of $1.20 to $1.30, with comparable store sales projected to increase between 0% and 2%. For the full year, Burlington anticipates adjusted EPS between $8.70 and $9.30, with total sales growth of 6-8%. Despite concerns about tariff pressures on merchandise margins, the company expressed confidence in its ability to offset these challenges, provided tariffs do not increase from current levels.