| Business Summary | | Burlington
Coat
Factory
Warehouse
Corporation
and
its
subsidiaries
operate
a
chain
of
value-oriented
department
stores
which
offer
a
broad
range
of
moderate
to
higher-priced,
current
brand
name
merchandise
for
men,
women
and
children
at
prices
substantially
below
traditional
full
retail
prices
generally
charged
by
other
department
and
specialty
stores.
Burlington
Coat
offers
customers
a
complete
line
of
men's,
women's
and
children's
wear
and
accessories
(such
as
handbags,
belts,
perfume,
watches,
etc.)
as
well
as
a
linens,
bath
shop
items,
gifts
and
luggage
department
in
certain
of
its
stores,
a
children's
furniture
department
in
certain
of
its
stores,
and
a
shoe
department
in
certain
of
its
stores.
The
Company
has
two
major
product
categories,
apparel
and
non-apparel.
Apparel
includes
all
clothing
items
for
men,
women
and
children.
Non-apparel
includes
linens,
home
furnishings,
gifts,
baby
furniture,
and
baby
furnishings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Burlington
Coat
Factory
operates
a
chain
of
293
off-price
apparel
stores
which
offer
a
broad
range
of
current
brand
name
merchandise
for
men,
women
and
children
at
prices
below
traditional
retail
prices.
For
the
fiscal
year
ended
6/2/01,
total
revenues
rose
9%
to
$2.43
billion.
Net
income
before
extraordinary
item
and
acct.
change
rose
15%
to
$71.8
million.
Results
reflect
higher
comparable
store
sales,
sales
from
new
stores
and
improved
gross
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Monroe Milstein, 73 Pres,
CEO, Director | $333K | -- | Mark Nesci, 44 Exec.
VP, COO, Director | 304K | $227K | Stephen Milstein, 44 Exec.
VP, Gen. Merchandise Mang. | 211K | -- | Henrietta Milstein, 71 Exec.
VP, Sec., Director | -- | -- | Andrew Milstein, 47 Exec.
VP, Assistant Sec., Exec. Merchandise Mang., Director | 205K | -- | Dollar amounts are as of 3-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|