Fred's (FRED) Reports Flat Nov. Comps
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Fred's Inc. (NASDAQ: FRED) today reported higher sales for the four-week fiscal month of November and the 10-month year-to-date period ended November 30, 2013.
Fred's total sales for the month increased 1% to $151.5 million, slightly above sales of $150.3 million in November 2012. Comparable store sales for the month were flat versus a decline of 3.6% in the same period last year.
Fred's total sales for the year-to-date period increased 1% to $1.596 billion compared with $1.573 billion for the same period last year. On a comparable store basis, year-to-date sales increased 1% versus a decline of 1.1% in the same period last year.
Fred's total sales for the month increased 1% to $151.5 million, slightly above sales of $150.3 million in November 2012. Comparable store sales for the month were flat versus a decline of 3.6% in the same period last year.
Fred's total sales for the year-to-date period increased 1% to $1.596 billion compared with $1.573 billion for the same period last year. On a comparable store basis, year-to-date sales increased 1% versus a decline of 1.1% in the same period last year.
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