Burlington Coat Factory 4Q comps up 1.2%
BURLINGTON, N.J. -- Burlington Coat Factory Warehouse Corp. announced that net sales for the fourth quarter ended Jan. 29, 2011 were $1.188 billion compared with $1.12 billion for the comparative period ended Jan. 30, 2010, a 6.1% increase. Comparative-store sales increased 1.2% for the quarter.
Tom Kingsbury, Chief Executive Officer, stated, “I am pleased that we were able to produce a positive comparative-store increase in the fourth quarter as temperatures returned to normal seasonal levels. I would like to thank our store and corporate teams for their hard work during this all important period. In addition, I would like to thank our vendor community for their outstanding support and involvement. As we enter 2011, we remain focused on continuing to execute on our top three priorities: merchandise content, the store experience and receipt management.”