Burlington Coat Factory comps decline
June 11, 2003-- Home Textiles Today,
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.