Burlington Coat Factory Warehouse Corporation announced that net sales for the third quarter ended October 29, 2011 were $ 898.5 million compared with $ 858.2 million for the comparative period ended October 30, 2010, a 4.7% increase. Comparative store sales increased 1.5% for the quarter.
Net sales for the nine months ended October 29, 2011 were $2.621 billion compared with $2.482 billion for the comparative period ended October 30, 2010, a 5.6% increase. These results reflect a 1.9% comparative store sales increase for the period.
Tom Kingsbury, Chief Executive Officer, stated, “I am pleased that we were able to achieve a 1.5% comparative store sales increase in the third quarter. This is the fourth consecutive quarter, and the sixth out of the last seven quarters, that the company has experienced a positive same store sales increase. We believe that the wide range of our merchandise assortments and the currency of our inventory have us well positioned for the important holiday season.”
As of October 29, 2011, the Company operated 472 stores in 44 states and Puerto Rico, principally under the name “Burlington Coat Factory.”
Burlington Coat Factory is a nationally recognized retailer of high-quality, branded apparel at everyday low prices. The Company currently serves its customers through its 462 stores in 44 states and Puerto Rico.
Burlington Coat Factory Warehouse Corporation
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