Burlington’s sales rise on faster turns and higher tickets - Home Furnishings News
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Burlington’s sales rise on faster turns and higher tickets - Home Furnishings News
Burlington, N.J. – Although traffic was flat in the second quarter, Burlington Stores Inc. shoppers were spending a little more freely. Sales of $2.7 billion were up 10% – on top of a 13% increase in last year’s Q2. Same-store sales rose 5% on top of a 5% increase in the year-ago quarter, with AUR up in the mid-single digits. The top line also got a lift from new stores and better-than-expected performance from locations that are now beginning t…
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