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Fred's August same store sales fell 0.5 percent

Thursday, 31 Aug 2017 07:45am EDT

Aug 31 (Reuters) - Fred's Inc :Fred's reports August sales.August same store sales fell 0.5 percent.August sales $153 million versus $159.7 million.Fred's Inc - ‍comparable store sales for August negatively impacted by continued increase in generic dispensing rate.Fred's Inc - ‍comparable store sales for August negatively impacted also by 0.5% impact from sale of low productive discontinued inventory versus last year​.Fred's Inc- for August, decrease in total sales is related primarily to closure of 39 underperforming stores in Q1.

Dollar Tree reports Q2 EPS $0.98

Thursday, 24 Aug 2017 07:30am EDT

Aug 24 (Reuters) - Dollar Tree Inc :Dollar Tree reports results for the second quarter fiscal 2017.Sees FY 2017 earnings per share $4.44 to $4.60.Sees Q3 2017 sales $5.2 billion to $5.29 billion.Sees FY 2017 sales $22.07 billion to $22.28 billion.Q2 sales $5.28 billion versus I/B/E/S view $5.24 billion.Q2 same store sales rose 3.9 percent.Sees Q3 2017 earnings per share $0.83 to $0.90.Q2 earnings per share $0.98.Q2 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.Qtrly ‍same-store sales by segment: dollar tree +3.9 pct, family dollar +1.0 pct​.‍During quarter , co recorded $2.6 million, or $0.01 per diluted share, of impairment charges related to its receivable from Dollar Express​.Sees Q3 ‍ low single-digit increase in same-store sales for combined enterprise​.‍During quarter, company opened 133 stores, expanded or relocated 31 stores, and closed 34 stores​.Sees ‍FY low single-digit increase in same-store sales​.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.79 -- Thomson Reuters I/B/E/S.

Burlington Stores Q2 earnings per share $0.66

Thursday, 24 Aug 2017 06:45am EDT

Aug 24 (Reuters) - Burlington Stores Inc :Burlington Stores Inc reports second quarter 2017 results above guidance.Sees Q3 2017 adjusted earnings per share $0.58 to $0.61.Sees FY 2017 adjusted earnings per share $4.11 to $4.18.Q2 earnings per share $0.66.Sees FY 2017 sales up 8.4 to 8.9 percent.Sees Q3 2017 sales up 6.7 to 7.7 percent.Q2 sales $1.363 billion versus I/B/E/S view $1.35 billion.Q2 adjusted earnings per share $0.72.Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.59, revenue view $1.45 billion -- Thomson Reuters I/B/E/S.For FY17, comparable store sales to increase in range of 2% to 3% on top of a 3.7% increase during q3 of fiscal 2016.Qtrly merchandise inventories were $727 million versus $745 million last year.FY2017 earnings per share view $3.16, revenue view $5.54 billion -- Thomson Reuters I/B/E/S.For FY 2017 co expects to open 37 net new stores, and invest net capital expenditures of approximately $210-215 million.

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