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According to data released from the Federal Reserve Bank of New York, consumers have surpassed $1 trillion dollars in credit card debt, while a Deloitte survey illustrates American shoppers as planning to spend $567 on average during Black Friday and Cyber Monday shopping events. This spending estimate is a 13% increase from last year's holiday season. More than ever, consumers are on the lookout for value as they try not to break the bank, putting certain retailers in a better position to capitalize on this trend than others. Bernstein Analyst Aneesha Sherman joins Yahoo Finance to discuss one of those retailers, Burlington Stores (BURL), and why she believes they are an "underdog" ready to pounce. "Burlington is one of the few retailers across the landscape that has seen positive [comparable] store sales, and we've seen a lot of retailers report this morning, a lot of negative comp. store sales and we've seen that for the second quarter in a row now; the third quarter for some retailers," Sherman outlines. "But, Burlington, as well as other off-price retailers — TJX (TJX) and Ross (ROST) — are all seeing positive comps for three or four quarters in a row, which suggests they are gaining share." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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Gap (GPS) soared after reporting better-than-expected third-quarter results, posting $3.77 billion in revenue versus $3.60 billion expected. Despite sales dropping to $3.77 billion, down from $4 billion last year, the stock is up 30% for the day and almost 60% year-to-date. BJ's Wholesale (BJ) reported third-quarter earnings. The warehouse club retailer's same-store sales missed estimates and cited shifts in consumer behavior and other headwinds for its weaker sales outlook. Ross Stores (ROST) third quarter results beat analyst estimates on both the bottom and top-line. The retailer also boosted its full-year guidance. During the company conference call, CEO Barbara Rentler said “we also remain confident in the resilience of the off-price sector, and our ability to operate successfully within it, especially given consumers’ heightened focus on value and convenience,” pointing to wary consumers who have been looking for value during high inflation. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

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