Content about Family Dollar Stores Inc.

January 3, 2013

Family Dollar posts lower profit in Q1; 500 stores planned

Family Dollar Stores Inc. reported a profit of $80.3 million for the quarter ended Nov. 24, compared with $80.4 million in the year-ago period.

Matthews, N.C. -- Family Dollar Stores Inc. reported Thursday a profit of $80.3 million for the quarter ended Nov. 24, compared with $80.4 million in the year-ago period.

The company said that higher sales on everyday items like cigarettes and soft drinks put pressure on margins.

Net sales increased 12.7% to $2.42 billion in the period, and same-store sales grew 6.6%.

June 28, 2012

Family Dollar Q3 profit up 12%; on track for 450-500 stores in 2012

Family Dollar Stores Inc. reported that profit for the quarter ended May 26 rose 12.1% to $124.5 million, compared with $111.1 million in the year-ago period.

Matthews, N.C. -- Family Dollar Stores Inc. reported Thursday that profit for the quarter ended May 26 rose 12.1% to $124.5 million, compared with $111.1 million in the year-ago period.

Sales increased 9.6% to $2.36 billion, just missing Wall Street’s forecasts of $2.37 billion in sales. Same-store sales climbed 5%.

March 28, 2012

Family Dollar tops estimates as Q2 profit jumps 10.7%; on track to open 450 to 500 stores

Family Dollar Stores Inc.'s second-quarter earnings rose 10.7% as increased customer traffic fueled higher sales.

Matthews, N.C. -- Family Dollar Stores Inc.'s second-quarter earnings rose 10.7% as increased customer traffic fueled higher sales. Its results topped analysts’ expectations.

The discounter said its net profit rose to $136.4 million for its fiscal second quarter ended Feb. 25, 2012, from $123.2 million a year earlier.

January 6, 2012

Family Dollar Q1 profit up 8%, revenue misses Street

Family Dollar Stores Inc. reported that its first quarter profit rose 8% to $80.4 million, compared with $74.3 million in the year-ago period.

Matthews, N.C. -- Family Dollar Stores Inc. reported Thursday that its first quarter profit rose 8% to $80.4 million, compared with $74.3 million in the year-ago period.

Sales for the period ended Nov. 26, 2011, rose to $2.15 billion from $2 billion in the year-ago period, missing Wall Street’s expected $2.17 billion in revenue. Same-store sales rose 4.1%.

December 14, 2008

Family Dollar CEO Pay Valued at $4.1 Million

Howard R. Levine, the chairman and chief executive of Family Dollar Stores Inc., received compensation...

September 29, 2008

Discounters Fare Well on Consumable Sales

Discount retailers fared well during the third quarter, despite a slowdown in consumer spending and...

October 30, 2007

Family Dollar in Three-Year Pact With NPD Group

Charlotte, N.C., Family...

October 14, 2007

Family Dollar Names Executive VP

Charlotte, N.C., Family...