Home / Knowledge / News / Fashion / Burlington Coat Factory Q4 sales jump 9.6%

Burlington Coat Factory Q4 sales jump 9.6%

08
Jun '06
Burlington Coat Factory Warehouse Corporation has announced that net sales from continuing operations for the fourth quarter ended June 3rd 2006 (14 weeks), were $829.4 million compared with $756.9 million for the fiscal quarter ended May 28th 2005 (13 weeks), a 9.6 percent increase.

The net sales for the fourteenth week amounted to $53.3 million. Total sales for the quarter, excluding the extra week, increased 2.5 percent. These results reflect a 0.6 percent comparative store sales increase for the quarter. March comparative store sales decreased 6.8 percent, April comparative store sales increased 11.5 percent and May comparative store sales increased 0.4 percent (5 weeks) as compared with the comparative 14-week period of the prior fiscal year.

Net sales from continuing operations for the fiscal year ended June 3rd 2006 (53 weeks), were $3.449 billion compared with $3.171 billion for the fiscal year ended May 28th 2005 (52 weeks), an 8.8 percent increase. Net sales, excluding the extra week this year, increased 7.1 percent. These results reflect a 4.3 percent comparative store sales increase for the twelve month period.

During the twelve months ended June 3rd 2006 (53 weeks), the company opened nine Burlington Coat Factory stores and three free standing MJM Designer Shoe stores. An additional six Burlington Coat Factory stores were relocated during the twelve months ended June 3rd 2006 to locations within the same trading market. Four Burlington Coat Factory stores and two Luxury Linens stores were closed during the twelve months ended June 3rd 2006.


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 6th Jul 2020

UK, Kenya agree to start post-Brexit trade negotiations

The UK and Kenya agreed to start talks on a post-Brexit trade pact in ...

Pic: ICAC

Textiles | On 6th Jul 2020

China to be largest importer of cotton lint in 2019-20

Despite a 12 per cent decrease from the previous season attributed to ...

Pic: Beyond Leather Materials,

Textiles | On 6th Jul 2020

Danish company generates €1.1 M for plant-based leather

Beyond Leather Materials, a company that produces plant based,...

Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

Quality should be the #1 priority

Textile Industry, Head honchos

Textile Industry
Head honchos

Consumer sentiment will be conservative after lockdown

Textile Industry, Head honchos

Textile Industry
Head honchos

Estimate loss of $8-$10 billion in turnover

Matthias Eilert,

Matthias Eilert

Germany-based Forbo Movement Systems division is a global leader in...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Abhishek Ralli,

Abhishek Ralli

Guide group is a government recognised manufacturing house engaged in the...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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


July 2020

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


Advanced Search