Burlington Coat Factory Warehouse Corporation announced that net sales from continuing operations for the first quarter ended August 30, 2008 were $707.1 million compared with $678.8 million for the first quarter ended September 1, 2007, a 4.2% increase. These results reflect a 0.2% comparative store sales increase for the quarter.
Mark A. Nesci, Chief Executive Officer, 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.”
During the three months ended August 30, 2008, the Company opened twenty and relocated two Burlington Coat Factory stores. During the remainder of the current fiscal year the Company expects to open an additional 20 stores.
As of August 30, 2008, the Company operated 417 stores in 44 states, principally under the name “Burlington Coat Factory”.
Burlington Coat Factory Warehouse Corporation
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