Fred's Reports May Comp Store Sales Up 1.3%
Fred's Inc. (NASDAQ: FRED) today reported sales for the four-week fiscal month of May, which ended May 26, 2012. Fred's total sales for the month increased 6% to $152.1 million from $143.6 million in May 2011. Comparable store sales for the month rose 1.3% compared with an increase of 0.2% in the same period last year.
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