Home / Knowledge / News / Apparel/Garments / Net sales up at Burlington Coat Factory
Net sales up at Burlington Coat Factory
06
Jun '09
Burlington Coat Factory Warehouse Corporation announced that net sales from continuing operations for the fourth quarter ended May 30, 2009 were $811.5 million compared with $780.9 million for the comparative period ended May 31, 2008, a 3.9% increase. Comparative store sales decreased 3.1% for the period.

Net sales from continuing operations for the twelve months ended May 30, 2009 were $3.542 billion compared with $3.393 billion for the comparative period ended May 31, 2008, a 4.4% increase. These results reflect a 2.5% comparative store sales decrease for the year.

Tom Kingsbury, Chief Executive Officer, stated, “We are very pleased to continue to report a total sales and market share increase. In addition, the ongoing success of our cost reduction initiative has enabled us to end the year with a more current inventory position as we move into the 2010 fiscal year.”

During the twelve months ended May 30, 2009, the Company opened thirty–six net new Burlington Coat Factory stores. Two stores closed as a result of hurricane “Ike” were reopened during the fourth quarter of fiscal 2009.

As of May 30, 2009, the Company operated 433 stores in 44 states and Puerto Rico, principally under the name “Burlington Coat Factory”.

Burlington Coat Factory Warehouse Corporation

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar
Label Ritu Kumar

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search