Dollar Tree reports sales up 13 percent in second quarter

Posted to: Business Chesapeake Dollar Tree

By Philip Walzer
The Virginian-Pilot
© August 7, 2008

Dollar Tree Inc. announced Thursday that sales for the second quarter of 2008 totaled nearly $1.1 billion, up 13 percent from $971 million during the same period last year.

“Sales were strong throughout the quarter,” Bob Sasser, president and chief executive officer of the Chesapeake-based discount retailer, said in a statement. “Our stores are more relevant than ever for the times, providing extreme value every day on products that customers want and need.”

The sales increase, he said, was powered by demand for food, health and beauty care items.

Sales in comparable stores, which were open for at least 12 months, rose nearly 7 percent during the quarter.

The company plans to release its earning results for the second quarter on Aug. 27.

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Submitted by BW on Fri, 08/08/2008 at 7:44 am.

MADE IN CHINA !!

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Its no longer just fun to

Submitted by LarryNorfolkVa on Thu, 08/07/2008 at 12:17 pm.

Its no longer just fun to see what you can get for a dollar. Its now a necessary part of people's budget.

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Great! now they can..........

Submitted by nomorepub on Thu, 08/07/2008 at 10:36 am.

Wonderful I'm so glad Dollar Tree store numbers are up, maybe now they could pay my husband, who works in thier corporate headquarters, a salary we could live off of.

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