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August 16, 2012

Dollar Tree Inc. reported that profit for the quarter ended July 28 soared 26% to $119.2 million, compared with $94.9 million in the year-ago period.

Chesapeake, Va. -- Dollar Tree Inc. reported Thursday that profit for the quarter ended July 28 soared 26% to $119.2 million, compared with $94.9 million in the year-ago period.

Sales rose 10.5% to $1.7 billion, just missing Wall Street’s expected $1.71 billion. Same-store sales grew 4.5%.

However, the company’s outlook fell short of Wall Street expectations, saying that it expects revenue between $1.71 billion and $1.75 billion in the third quarter while Wall Street expects $1.77 billion.
 

January 4, 2012

A report released by the International Council of Shopping Centers and Goldman Sachs said that post-Christmas shopping surges propelled U.S. same-store sales significantly forward during the week after Christmas.

New York City -- A report released Wednesday by the International Council of Shopping Centers and Goldman Sachs said that post-Christmas shopping surges propelled U.S. same-store sales significantly forward during the week after Christmas.

November 11, 2011

Dillard’s Inc. reported Friday that profit for the quarter ended Oct. 29 soared a record 85% to $26.6 million, compared with $14.4 million in the year-ago period.

Little Rock, Ark. -- Dillard’s Inc. reported Friday that profit for the quarter ended Oct. 29 soared a record 85% to $26.6 million, compared with $14.4 million in the year-ago period. Strong comps and contained expenses propelled the strong performance.

Revenue rose to $1.38 billion, from $1.34 billion, beating Wall Street’s expected $1.36 billion in sales. Same-store sales increased 5%.