Burlington Stores' stock surged 5.07% in pre-market trading on Thursday, following the release of its fourth-quarter financial results.

The company reported quarterly adjusted earnings of $4.99 per share, beating analyst estimates of $4.75 by 5.14%. This represents a 20.82% increase compared to earnings of $4.13 per share from the same period last year. Additionally, Burlington posted quarterly sales of $3.647 billion, surpassing the consensus estimate of $3.571 billion by 2.12% and marking an 11.29% year-over-year increase.

The strong performance was accompanied by positive forward guidance, with the company forecasting first-quarter adjusted EPS in the range of $1.60 to $1.75 and full-year adjusted EPS between $10.95 and $11.45. Burlington also expects total sales to increase 8% to 10% for the upcoming fiscal year, building on the 9% growth achieved in the previous year.