Burlington Coat Factory Warehouse Corporation reported its net income and sales for the fourth quarter ended June 2, 2001.

For the three months ended June 2, 2001, net income was $1,759,000 or $.04 per share compared with net income of $6,971,000 or $.16 per share for last year's fourth quarter.

Net sales for the fourth quarter ended June 2, 2001 (13 weeks) were $526,643,000 compared with sales of $526,205,000 for the prior year's fourth quarter ended June 3, 2000 (14 weeks).

Total sales for the quarter just ended, when compared with the thirteen comparative weeks of the prior fiscal year's fourth quarter increased 7.5 per cent. During the fourth quarter, comparative store sales increased 0.7 per cent (exclusive of the prior year's extra week).

Included in the results for the fourth quarter ended June 2, 2001 is a charge of $2,400,000 for costs related to the planned closing of five stores.

Sales for the 52 weeks ended June 2, 2001 were $2,400,289,000 compared with $2,198,696,000 for the prior 53-week period ended June 3, 2000.

Total sales for the year ended June 2, 2001, excluding the non-comparative week of the prior year, increased 10.7 per cent. Comparative store sales for the year ended June 2, 2001, excluding the fifty-third week of the prior year, increased 3.0 per cent.