Family Dollar Increase Reported
MATTHEWS, N.C. -- Family Dollar Stores, Inc. here said sales for August increased 9.4 percent, to approximately $444.2 million, from $406.1 million for the four weeks ended August 28, 2004.
Comps for the month were up 1.8 percent. The chain opened 101 new stores in August 2005, bringing the total number of new stores opened in fiscal 2005 to 500. There were 5,898 stores in operation as of August 27, the chain said.
The discounter added that it expects same-store sales for the five-week period ending October 1, 2005, will be flat to 2 percent higher compared to the similar period year ago period.
Comps for the month were up 1.8 percent. The chain opened 101 new stores in August 2005, bringing the total number of new stores opened in fiscal 2005 to 500. There were 5,898 stores in operation as of August 27, the chain said.
The discounter added that it expects same-store sales for the five-week period ending October 1, 2005, will be flat to 2 percent higher compared to the similar period year ago period.