Family Dollar Cites Q3 Margin Pressures

MATTHEWS, N.C. — Family Dollar Stores here said third-quarter sales and gross margins were weaker than expected, although expense controls offset some pressures on profitability.

For the quarter, which ended May 28, net income was up 6.5%, to $111.1 million. Sales rose 7.8%, to $2.15 billion. Comparable-store sales were up 4.7%, driven by both increased traffic and

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