Burlington Coat Factory Making Progress

BURLINGTON, N.J. - Burlington Coat Factory reported its consecutive year of growth for EBITDA (earnings before interest, tax, depreciation and amortization.
     For the fiscal year ended Feb. 2, adjusted EBITDA rose 0.6% to $352.1 million.
     Sales for the 53-week fiscal year climbed 7.2% to $4.1 billion. Comps, on a 52-week comparative bases, increased 1.2%.
     Home was not among the categories executives identified as top performers during the fourth quarter, which was impacted by Super storm Sandy. The storm knocked 130 Burlington Coat Factory Stores off line for some period of time.
During the year, the retailer opened 25 new stores and closed two. Total store count at yearend was 500 units - which includes Burlington's online operation. The company remains on course to open 20 to 25 stores each year.
     New stores are now titled "Burlington," but the company does not plan to change the signage on stores that carry the coat factory name.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

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


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!