Home / Knowledge / News / Apparel/Garments / Burlington Coat net sales up for third quarter
Burlington Coat net sales up for third quarter
09
Mar '09
Burlington Coat Factory Warehouse Corporation announced that net sales from continuing operations for the third quarter ended February 28, 2009 were $1.022 billion compared with $987.1 million for the comparative period ended March 1, 2008, a 3.5% increase. Comparative store sales decreased 4.3% for the quarter.

Net sales from continuing operations for the nine months ended February 28, 2009 were $2.731 billion compared with $2.612 billion for the comparative period ended March 1, 2008, a 4.5% increase. These results reflect a 2.3% comparative store sales decrease for the period.

Tom Kingsbury, Chief Executive Officer, stated, “We are very pleased to report a total sales and market share increase while simultaneously executing on our cost savings and receipt management initiatives.”

During the nine months ended February 28, 2009, the Company opened thirty net new Burlington Coat Factory stores. During the remainder of the current fiscal year, the Company expects to open six additional stores. Two stores remain closed as a result of hurricane “Ike” and are expected to reopen during the fourth quarter of fiscal 2009.

As of February 28, 2009, the Company operated 427 stores in 44 states and Puerto Rico, principally under the name “Burlington Coat Factory.”

Burlington Coat Factory Warehouse Corporation


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search