Burlington Coat Factory comps decline

Burlington, NJ — Burlington Coat Factory today reported total sales increased 1.1 percent in the fourth quarter ended May 31 to $608.1 million while comps in units opened at least one year decreased 4.1 percent. Sales during last year's fourth quarter were $601.6 million.

Net sales for the year just ended rose a total of $4.6 percent to $2.697 billion, reflecting a drop in same stores sales of 1.8 percent. For all of the previous year, sales totaled $2.577 billion.

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See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!