Fred's Reports 10% Higher May Sales
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Fred's (FRED) May Comps Rose 0.3%
June 4, 2015 7:45 AM EDTFred's (NASDAQ: FRED) reported sales for the four-week month of May, which ended May 30, 2015.
Fred's total sales for the month of May increased 10% to $166.9 million from $151.4 million in May 2014, reflecting the first full month sales contribution from the Company's recent acquisition of the EntrustRx specialty pharmacy operations. Excluding $6.1 million from last year's May sales for 56 closed locations, total sales increased 15% for the month. Comparable store sales for the... More

