Fred's Inc. (FRED) Reports December Comp Sales Down 0.4%
Tweet
Share
E-mailGet Alerts FRED Hot Sheet
Join SI Premium – FREE
Fred's Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month and 11-month year-to-date period ended December 31, 2011.
Fred's total sales for the month increased 1% to $213.0 million from $210.5 million in December 2010. Comparable store sales for the month declined 0.4% compared with an increase of 0.2% in the same period last year.
Fred's total sales for the year-to-date period increased 2% to $1.747 billion compared with $1.713 billion in the same period last year. On a comparable store basis, year-to-date sales increased 0.7% on top of an increase of 2.2% in the same period last year.
Fred's total sales for the month increased 1% to $213.0 million from $210.5 million in December 2010. Comparable store sales for the month declined 0.4% compared with an increase of 0.2% in the same period last year.
Fred's total sales for the year-to-date period increased 2% to $1.747 billion compared with $1.713 billion in the same period last year. On a comparable store basis, year-to-date sales increased 0.7% on top of an increase of 2.2% in the same period last year.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Z Squared outlines AI power strategy and Paradox Data acquisition
- Faeth Therapeutics names two SVPs ahead of clinical milestones
- Evogene chairman to address dissident shareholders on results call
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
