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Fred's (FRED) March Comps Increased 1.2%

April 10, 2008 8:00 AM EDT
Fred's Inc. (NASDAQ: FRED) reports March sales came in at $178.3 million. Same store sales for the period increased 1.2%, compared to the same period last year.

On a year-to-date basis, Fred's same store sales rose 1.1% from the same period last year. Sales came in at $326.8 million so far in 2008.

Fred's, Inc. and its subsidiaries engage in the sale of general merchandise through its retail discount stores and pharmacies in the United States. [BCS]

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