Higher sales and reduced costs allowed Burlington Coat Factory Investments Holdings Inc. to reduce its fourth-quarter losses despite higher impairment charges.
In the three months ended May 30, the Burlington, N.J.-based off-price retailer reported a net loss of $26.4 million versus red ink of $48.5 million in the year-ago quarter. Pretax impairment charges and restructuring and separation costs totaled $25.4 million in the most recent period versus $17.4 million in its 2008 counterpart.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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