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Dollar General quarterly income increases
“Dollar General’s first quarter performance marks a great start to the year. Our first quarter sales were ahead of our expectations. Our same-store sales growth of 6.7% for the quarter was on top of 13.3% growth in the first quarter of 2009,” said Rick Dreiling, chairman and chief executive officer.
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Pep Boys sales up in Q1
PHILADELPHIA (Jun. 8) The Pep Boys — Manny, Moe & Jack reported that sales for the first quarter ended May 1 increased by $13.5 million, or 2.7%, to $510 million from $496.5 million for the first quarter ended May 2, 2009. Comparable sales increased 1.4%, consisting of a 0.1% comparable service revenue increase and a 1.7% comparable-merchandise sales increase.
Net earnings for the first quarter of fiscal 2010 increased to $12 million (23 cents per share) from $10.9 million (21 cents per share) recorded in the same period last year.
