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

  • Patti Carpenter Talks Color and its Importance in the Home

    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 August 2017 cover

    HFN's DIGITAL EDITION

    August 2017


    COVER STORY: Sharpening the Focus on Millennials

    Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.


    ALSO IN THIS ISSUE:

    • Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
    •  Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.