Home / Knowledge / News / Apparel/Garments / Burlington Coat Factory sales up 7.2% in FY'13
Burlington Coat Factory sales up 7.2% in FY'13
Apr '13
Burlington Coat Factory Investments Holdings, Inc. and its operating subsidiaries (the Company), a nationwide retailer based in Burlington, New Jersey, announced its operating results for the fiscal year ended February 2, 2013 (Fiscal 2012).


-Comparative store sales for the 52 week comparable period increased 1.2% during Fiscal 2012.
-Total Sales during the fourth quarter and full Fiscal 2012 increased 6.8% and 7.2%, respectively.
-Adjusted EBITDA for Fiscal 2012 increased $2.1 million to $352.1 million.
-Comparable store inventories decreased 13% at year end which contributed to a 16% faster inventory turnover during Fiscal 2012.

Operating Results For Fiscal 2012

Net sales for the 53 week fiscal year increased 7.2% to $4,131.4 million during Fiscal 2012 compared with $3,854.1 million during Fiscal 2011. Comparative store sales for the year on a 52 week basis increased 1.2%. Adjusted EBITDA of $352.1 million represents an increase of $2.1 million, or 0.6%, during Fiscal 2012 compared with the prior year.

Tom Kingsbury, President and Chief Executive Officer stated, “We are very proud of our achievements in 2012, which included: celebrating our 40th anniversary, opening our 500th store and exceeding $4 billion in total sales. In addition, for the second year in a row, we delivered both a comparative store sales and Adjusted EBITDA increase. We are very excited about 2013 based on the increased tenure of our merchandising organization, our level of both buying and financial liquidity and the outstanding support we are receiving from the vendor community.”

Burlington Coat Factory

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search