3Q sales up 11.6% at Dollar Tree

CHESAPEAKE, Va. Dollar Tree reported third-quarter sales of $1.11 billion, an 11.6% increase from $997.8 million in 2007. Comparable-store sales increased 6.2%.

"Sales were consistently strong throughout the quarter," stated president and ceo Bob Sasser. "Dollar Tree continued to demonstrate its relevance to consumers with our expanded selection of basic products, great seasonal merchandise for back-to-school through Halloween and surprising values across all categories in our stores. Customers responded with increased traffic and larger average transaction size."