Burlington Swings to a Loss
May 5, 2012-- Home Textiles Today,
Burlington Coat Factory posted a net loss of $6.27 million for the fiscal year ended Jan. 28, compared to net income of $22.1 million in the previous fiscal year.
Sales rose 5.0% to $3.85 billion. Comps rose 0.7%. Home was among the departments that outperformed the company average.