Burlington, NJ – (BUSINESS WIRE) – Burlington Coat Factory Warehouse Corporation announced today that sales for the first quarter of 30th April 2011 929.100.000 $ were ended, compared to $ 894,700,000 for 1st May 2010, 3.8% increase. Comparative store sales by 0.5% for the quarter.
Tom Kingsbury, CEO, said:. “I am delighted that we are able to increase production to an increase of positive comparative sales in the first quarter of our 3.3% in the previous year, we are satisfied with the timeliness of our stocks as we in the second quarter and have continued to believe we are good for the rest of 2011 set up. “
On 30 April 2011, the Company operated 462 stores in 44 states and Puerto Rico, primarily under the names “Burlington Coat Factory”.
The statements in this press release are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) are not historical facts and involve a number of risks and uncertainties. Factors that could cause actual results to differ materially could include the following: general economic conditions, consumer demand, consumer preferences, weather conditions, competitive factors, including pricing and promotional activities of its main competitors, the availability of desirable locations in suitable conditions, the availability , selection and purchasing of attractive merchandise on favorable terms to avoid risks to import the company’s ability to control costs and expenses; computer problems in connection with sales and unexpected loss or disaster, the effects of inflation and other factors detailed in the filings of company with the Securities and Exchange Commission can be described. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes that the anticipated results or implied can not specify to be realized.
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