Burlington Coat Factory makes progress

Retail Editor 3, Brent Felgner, September 13, 2013

Burlington, NJ - A strong same-store sales performance during the second quarter helped narrow the net loss for Burlington Coat Factory during the period.
Net loss for the quarter ended Aug. 3 was $19.5 compared to a net loss of $31.3 million in the comparative period. Sales rose 11.5% to $963.7 million, with comps up 7.8%.
Year-to-date, net loss fell to $20.2 million compared to $35.2 million in the year-ago period. Sales increased 9.9% to $2.0 billion, with comps up 5.5%.

Featured Video

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT digital edition

See the June 2017 issue of Home & Textiles Today. In this issue, we discuss how U.S, ports are gearing up for the future, and what to expect from second half trade shows. See details!