Burlington Coat Factory posts 1Q comps growth
BURLINGTON, N.J. Burlington Coat Factory Warehouse announced that net sales from continuing operations for the first quarter ended Aug. 30 were $707.1 million compared with $678.8 million for the first quarter ended Sept. 1, 2007, a 4.2% increase. These results reflect a 0.2% comparative-store sales increase for the quarter.
Mark Nesci, ceo, stated, “We are pleased that in a tough economic environment, the dedication and hard work of our store and corporate team resulted in a positive comparative increase for the quarter.”