Burlington Stores (NYSE: BURL) reported Q1 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.13 billion. Comparable store sales increased 2.7%.

Tom Kingsbury, President and Chief Executive Officer stated, “We are extremely pleased with our solid results in the first quarter as we continued to build upon our momentum from 2013 with both strong sales and bottom line performance. We achieved a comparable store sales increase of 2.7%, on top of a 3.4% increase last year, which we believe is a direct result of the continued improvement in the execution of our off-price model. We remain focused on delivering great value, brands and fresh product to our customers every day as well as executing our growth initiatives to improve comparable store sales, expand our retail store base and enhance our operating margins.”

Burlington Stores sees Q2 2014 EPS of ($0.12)-($0.09), versus the consensus of ($0.09). Comparable store sales are expected to increase 2% to 3%.

Burlington Stores sees FY2014 EPS of $1.25-$1.35, versus the consensus of $1.37. Comparable store sales to increase between 2% to 3%.

For earnings history and earnings-related data on Burlington Stores (BURL) click here.