Fred’s (FRED) Reports Flat Comps in August
Tweet
Share
E-mailGet Alerts FRED Hot Sheet
Join SI Premium – FREE
Fred’s Inc. (Nasdaq: FRED) reported sales for the four-week fiscal month and seven-month year-to-date period ended August 31, 2013.
Fred’s total sales for the month were largely unchanged at $140.0 million compared with $139.9 million in August 2012. Comparable store sales for the month were approximately flat versus a decline of 2.8% in the same period last year.
Fred’s total sales for the year-to-date period increased 1% to $1.124 billion compared with $1.111 billion for the same period last year. On a comparable store basis, year-to-date sales increased 0.5% versus a decline of 0.8% in the same period last year.
Fred’s total sales for the month were largely unchanged at $140.0 million compared with $139.9 million in August 2012. Comparable store sales for the month were approximately flat versus a decline of 2.8% in the same period last year.
Fred’s total sales for the year-to-date period increased 1% to $1.124 billion compared with $1.111 billion for the same period last year. On a comparable store basis, year-to-date sales increased 0.5% versus a decline of 0.8% in the same period last year.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Polar Power adds two directors with defense and business experience
- ONE Nuclear Energy names CFO and nominates new board director
- Tonix Pharma CEO named interim chief medical officer
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!
