Burlington Coat factory reports higher sales

24/08/2005
Burlington Coat Factory Warehouse Corporation has reported increased sales for its fourth quarter and year ended May 28, 2005. For the three months ended May 28, 2005, net income was $15.3 million compared with $21.6 million last year. Net sales for the fourth quarter were $756.9 million compared with $678.1 million for the fourth quarter ended May 29, 2004, an increase of 11.6%.

For the year ended May 28, 2005, net income was $105.0 million. This compares with net income of $68.0 million for the year ended May 29, 2004.

As of May 28, 2005, Burlington Coat Factory operated 362 stores in 42 states principally under the name "Burlington Coat Factory."