USA: Burlington Reports First Quarter Sales and Net Loss
Burlington Coat Factory Warehouse Corporation (NYSE-BCF) today reported its net loss and sales for the first quarter ended September 2, 2000. For the three months ended September 2, 2000, the net loss was $13,536,000 or $.30 per share before an extraordinary loss from early extinguishment of debt. Including an after tax extraordinary loss from early extinguishment of debt of $815,000, the net loss was $14,351,000 or $.32 per share. This compares with a net loss of $8,678,000 or $.19 per share before the cumulative effect of an accounting change for the corresponding period ended August 28, 1999 last year. Including an after tax loss from cumulative effect of an accounting change of $1,356,000, the net loss was $10,034,000 or $.22 per share for the corresponding period ended August 28, 1999. Sales for the three months ended September 2, 2000 were $415,671,000 compared with sales of $374,789,000 during the corresponding period ended August 28, 1999 last year. Comparative store sales for the quarter increased 1.4 per cent. Total sales for the 13 comparable weeks ended September 4, 1999 were $378,900,000. Total sales for the comparable calendar weeks increased 9.7 per cent
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Under Armour Lighthouse will disrupt production
- Will new Vietnam wage hinder competitiveness?
- How TAL Apparel is staying ahead of the game
- Ethiopia violence undermines sourcing strategies
- Where next for retailers in a saturated market?
- Marks & Spencer top for modern slavery reporting
- Bangladesh garment workers rally for higher wages
- H&M CEO named sustainability leader
- MAS Holdings shares commitment to sustainability
- Inventory risk shifts in favour of retailers
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020