Fred's (FRED) Reports Comparable Store Sales for the Month Increase 4.3%
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Fred's Inc. (NASDAQ: FRED) reported sales for the four-week fiscal month of April, which ended May 3, 2008.
Fred's total sales for the month rose 8% to $137.5 million from $126.8 million in April 2007. Comparable store sales for the month increased 4.3% excluding the impact of 67 stores that have been or will be closed under the Company's previously announced strategic plan. Last year comparable store sales declined 2.5% in the same period. [jt]
Fred's total sales for the month rose 8% to $137.5 million from $126.8 million in April 2007. Comparable store sales for the month increased 4.3% excluding the impact of 67 stores that have been or will be closed under the Company's previously announced strategic plan. Last year comparable store sales declined 2.5% in the same period. [jt]
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