GREENSBORO, N.C. -- Burlington Industries Inc. has reported a net loss of $11.5 million, or 22 cents per share, for the first quarter of fiscal 2001. This compares to a net loss of $5.3 million or 10 cents per share in the first quarter a year ago. Excluding runout costs related to the company's restructuring in September 2000, the first quarter loss was $10.4 million or 20 cents per share.
Net sales for the first quarter of fiscal 2001 were $364.3 million, compared with $371.0 million in the first quarter of fiscal 2000.