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Source: news.yahoo.com --- 21 days ago
Family Dollar Stores Inc., which has 10 locations in the Wichita area, reports a 7 percent increase in earnings for its third fiscal quarter ended May 31. (FDO) ...
Source: online.wsj.com --- 21 days ago
Family Dollar Stores posted a 7.1% rise in net income and increased its earnings target for the year as federal stimulus checks boosted results. ... Source: uk.reuters.com --- 21 days ago
NEW YORK, July 2 (Reuters) - Family Dollar Stores Inc reported a higher-than-expected rise in third-quarter profit on Wednesday as the discount retailer kept tight control on expenses and inventory, and U.S. tax rebates put extra cash into the hands of its lower-income shoppers. ... Source: uk.reuters.com --- 21 days ago
NEW YORK, July 2 (Reuters) - Family Dollar Stores Inc on Wednesday reported higher-than-expected third-quarter profit as the discount retailer kept a tight control on expenses and inventory to navigate the tough environment, sending its shares up 13 percent. ... Source: triad.bizjournals.com --- 13 days ago
Family Dollar Stores Inc. says its sales increased 10.7 percent in the five weeks ended July 5. (FDO) ... Source: triad.bizjournals.com --- 21 days ago
Family Dollar Stores Inc. reports a 7 percent increase in earnings for its third fiscal quarter ended May 31. (FDO) ... Source: wichita.bizjournals.com --- 21 days ago
Family Dollar Stores Inc., which has 10 locations in the Wichita area, reports a 7 percent increase in earnings for its third fiscal quarter ended May 31. (FDO) ... Source: www.thestreet.com --- 9 days ago
... Source: www.charlotte.com --- 21 days ago
Discount retailer Family Dollar's third-quarter profit rose 7.1 percent, as the company tightened expenses and emphasized sales of necessity items such as food and detergent to adjust to the economic downturn. The Matthews-based Fortune 500 company announced today net income of $64.7 million in the quarter that ended May 31, compared with $60.4 million for the same period last year. That works out to 46 cents per diluted share, better than the 40 cents analysts had predicted. Net sales also increased, to $1.7 billion, up from $1.65 billion in 2007. Though sales at stores open a year or more, an important gauge of retail health, increased only 0.1 percent, expense and inventory control helped boost the bottom line, chairman and CEO Howard Levine said. The retailer also felt early, positive effects from the federal economic stimulus package, which should continue for the next few months, officials said in a conference call. Family Dollar expects same-store sales to increase 4 percent to 6 percent in the fourth quarter and also boosted its earnings outlook for the year to between $1.58 and $1.63 per share, up from the $1.50 to $1.60 predicted last quarter. ... Source: www.smartmoney.com --- 20 days ago
Stimulus checks helped the discounter top estimates as consumers sought deals. ... Source: www.smartmoney.com --- 21 days ago
Stimulus checks helped the discounter top estimates as consumers sought deals. ... Source: seekingalpha.com --- 21 days ago
Family Dollar Stores, Inc. (FDO) F3Q08 Earnings Call Complete Story » ... Source: www.charlotte.com --- 20 days ago
Shoppers are driving less. They're focusing on necessities more. Family Dollar can work with that. The Matthews-based retailer reported Wednesday that its third-quarter profit rose 7.1 percent, thanks in part to companywide belt-tightening and increased sales of household items such as food, paper products and detergent. The better-than-expected net income of $64.7 million, or 46 cents a share, in the quarter that ended May 31 compare with $60.4 million for the same period last year. Analysts had predicted earnings of 40 cents a share. Net sales also increased, to $1.7 billion, up from $1.65 billion in 2007. Though sales at stores open a year or more, an important gauge of retail health, increased only 0.1 percent, expense and inventory control helped boost the bottom line, chairman and CEO Howard Levine said Wednesday. Family Dollar also felt early, positive effects from the federal economic stimulus package, which should continue for the next few months, officials said in a conference call. “While we're not recession-proof, we are somewhat recession resistant,” Levine said in an interview. “In today's world, people are looking for value and convenience more than ever, and … those retailers that offer both value and convenience should do well in a difficult economy and actually gain share. All that being said, we'd like to see a strong economy.” Though Family Dollar and its chief competitor, Nashville-based Dollar General, both ha ... Source: www.zacks.com --- 15 days ago
Family Dollar Stores sees June sales up 6% despite the tough retail environment. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. ... Source: www.bloggingstocks.com --- 1 hour ago
Filed under: Products and services , Consumer experience , Family Dollar Stores (FDO) Family Dollar Stores, Inc. (NYSE: FDO ), along with the other Dollar stores, may begin to see many more non-traditional customers who are aching to save every penny in the face of increasing energy and food costs. The first strike at that concept was from Family Dollar, which reported a 7.1% increase in net income for its latest quarter. While sales grew at Family Dollar, stores that target affluent or higher-income shoppers saw flat or negative growth. This all points to one thing: customers are seeking out bargains wherever they can to offset rising prices in other areas of their lives. This sounds like it should have happened last summer as the credit freeze was beginning, but with summer in full swing and gas prices at $4 a gallon levels, the reality of the Dollar store is setting in for millions of Americans. With the typical Family Dollar customer being the "mom who makes less than $30,000 per year," it's not hard to imagine all the Dollar-type retailers starting to see increasing fortunes in the near future. Every worker in the U.S. who drives has easily seen their last performance increase fade away. In fact, many have actually experienced a large financial demotion due to high gas prices and food costs. It's hard to think of it that way for many, but that is what it is. Inflation and energy costs can wipe out that raise pretty fast, yes? With ...
Source: hrb.bloggingstocks.com --- 17 days ago
Filed under: Earnings reports , Ford Motor (F) , Sprint Nextel Corp (S) , H and R Block (HRB) , Campbell Soup (CPB) , Kroger Co (KR) , Family Dollar Stores (FDO) Here are some highlights from this past week's earnings coverage from BloggingStocks: AeroVironment Inc. (NASDAQ: AVAV ) beat Q4 estimates on demand for unmanned aircraft. Apollo Group Inc. (NASDAQ: APOL ) beat Q3 expectations on increased enrollment and tuition collection. Campbell Soup Co. (NYSE: CPB ) predicted earnings at the high end of the previously announced range. Constellation Brands Inc. (NYSE: STZ ) posted better-than-expected Q1 earnings, sending shares up. Deutsche Bank (NYSE: DB ), in an effort to calm investors, said that it expects a Q2 profit . Family Dollar Stores Inc. (NYSE: FDO ) beat Q3 expectations and raised its Q4 guidance. H&R Block Inc. (NYSE: HRB ) posted solid Q4 and full-year results and boosted its dividend. Kroger Co. (NYSE: KR ) posted record Q1 EPS and in-line guidance, and its share buybacks continue. Nvidia Corp. (NASDAQ: NVDA ) warned of lower Q2 earnings due to slowing demand and lower prices. Robbins & Myers Inc. (NYSE: RBN ) beat Q3 expectations and raised its Q4 and full-year outlook. Thornburg Mortgage Inc. (NYSE: TMA ) 2007 results are being investigated by the SEC. UnitedHealth Group (NYSE: UNH ) cut its full-year outlook due to changing business trends. More highlights from this past week: BP, Discover, Corel, Citigroup, WD-40, MSCI ... Source: www.schaeffersresearch.com --- 21 days ago
Here are some of the contenders for today's biggest...news...of...the...day... The ADP report which suggests "companies in the U.S. cut an estimated 79,000 jobs in June..." Renewed chatter that Microsoft (MSFT) may try to takeover Yahoo (YHOO) again...A warning from UnitedHealth Group Inc (UNH)...Upbeat comments on Netflix Inc (NFLX) as it is suggested a slowing economy could be good for the company...A look into how Jarden Corp (JAH) "is busy reviving old brands..."The announcement that Starbucks Corp (SBUX) is closing stores...A look into how high gas prices are cutting into retail spending by teens...Abercrombie & Fitch Co...( Read More ) ... Source: www.myrtlebeachonline.com --- 21 days ago
Discount retailer Family Dollar's third-quarter profit rose 7.1 percent as the company tightened expenses and emphasized sales of necessity items such as food and detergent to adjust to the economic downturn. The Matthews, N.C.-based Fortune 500 company announced today a net income of $64.7 million in the quarter that ended May 31, compared with $60.4 million for the same period last year. That works out to 46 cents per diluted share, better than the 40 cents analysts had predicted. ... Find more results for Family Dollar on RSSMicro.com |
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Reuters - Family Dollar Stores Inc on Wednesday reported higher-than-expected quarterly profit as the discount retailer kept a tight control on expenses and inventory to navigate the tough environment, sending its shares up than 11 percent. ...