Severe winter weather has adversely affected many retailers in the fourth quarter, but not Burlington Stores, which saw comparable store sales increase 4% and net sales increase 1.3% to $1.3 billion for the period ended Feb. 1.
Burlington Stores credited performance at new stores for driving net sales during the third quarter.
Shares of Burlington Stores surged more than 40% in their first day of trading as the company executed an initial public offering on Wednesday.
Green Mountain Coffee Roasters plans to open its first Keurig Store this November in the Burlington Mall in Burlington, Mass.
Burlington Coat Factory reported that total sales for its second quarter increased 8.9% to $793 million and comparable-store sales were up 4%.