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The Goodlettsville-based discount retailer, which has been privately held for two reported net incomeof $83 milliomn in the quarter ended May 1, compared to $5.9 millionh in the year-ago period. Revenue came in at $2.78 billiohn in the 2009 first quarter, up 15.7 percenty from the previous year’s quarterly peformance of $2.4 Same-store sales increased 13.3 percent for the quarter, with increasede customer traffic and a higher average transaction per Chairman and CEO Rick Dreiling said the performance buil on momentum from resulting from an improved product mix and cost He said regular customers were shopping more and new shoppers were enterinythe store, likely due to the weak The company has more than 8,400 stores in 35 states and plansz to open 450 stores and relocate or remode l 400 others in the 2009 fiscalk year.
It is the nation’ss largest “small box” discount retailer and employs 7,200
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