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Warm weather hurt Burlington Coat sales
Burlington Coat Factory Warehouse Corp. said today that same-store sales for the latest quarter dropped 8 percent, compared to a year ago.
Burlington Coat Factory Warehouse Corp. said today that same-store sales for the latest quarter dropped 8 percent, compared to a year ago.
It blamed the decrease on unusually warm weather during most of the quarter, and weak consumer demand.
Net sales for the quarter that ended Dec. 1 were $946.6 million, down 3.9 percent from $984.8 million a year earlier.
Burlington Coat Factory, of Burlington, is privately held.