Burlington Coat Factory Sales Rise 11.5 Percent in Q2

Burlington Coat FactoryBURLINGTON, N.J.-Second-quarter net sales for Burlington Coat Factory totaled $963.7 million, up 11.5 percent from the second quarter of last year, according to a preliminary report.

Same-store sales in the quarter, which ended on Aug. 3, increased 7.8 percent. For the first half of Burlington Coat Factory's fiscal year, net sales gained 9.8 percent and same-store sales were up 5.5 percent.

Tom Kingsbury, the retailer's CEO, attributed the increases to gains in "a broad range of products, categories and regions." Kingsbury noted that, in last year's second quarter, same-store sales increased 2.9 percent.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

  • Von Tobel Cites Brass Textures Among Top Trends

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017

    HFN's DIGITAL EDITION

    September 2017


    COVER STORY:

    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    ALSO IN THIS ISSUE:

    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.