Burlington Coat Factory Investments Holdings, Inc. and its operating subsidiaries (the "Company"), a nationwide retailer based in Burlington, New Jersey, today announced its results for the first quarter ended August 30, 2008.
The Company experienced an increase in net sales in the first quarter of Fiscal 2009. Net sales for the first quarter ended August 30, 2008 were $707.0 million, compared with $678.8 million for the comparative period ended September 1, 2007, a 4.2 % increase. This increase is primarily the result of the Company opening 33 new stores during the past twelve months and an increase in comparative store sales. Comparative store sales increased 0.2% for the three months ended August 30, 2008 compared with the three months ended September 1, 2007.
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The Company experienced an increase in net sales in the first quarter of Fiscal 2009. Net sales for the first quarter ended August 30, 2008 were $707.0 million, compared with $678.8 million for the comparative period ended September 1, 2007, a 4.2 % increase. This increase is primarily the result of the Company opening 33 new stores during the past twelve months and an increase in comparative store sales. Comparative store sales increased 0.2% for the three months ended August 30, 2008 compared with the three months ended September 1, 2007.
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