date:Jul 15, 2013
ry items continued to come under pressure as shoppers watched their spending.
The chain narrowed its full-year earnings forecast, raising the low-end of the range and cutting the high-end of the range.
For the period ended June 1, the discounter earned $120.9 million, or $1.05 per share, down from $124.5 million, or $1.06 per share, a year earlier.
Analysts polled by FactSet forecast earnings of $1.03 per share.
Selling, general and administrative expenses increased to $704 million from $652