Family Dollar Comps Up, But Outlook Weaker

MATTHEWS, N.C. — Family Dollar Stores here said comparable-store sales for the fiscal first quarter rose 6.9% — its best first-quarter comps in more than 12 years — but investors shunned the stock after the company disappointed with its earnings and outlook.

MATTHEWS, N.C. — Family Dollar Stores here said comparable-store sales for the fiscal first quarter rose 6.9% — its best first-quarter comps in more than 12 years — but investors shunned the stock after the company disappointed with its earnings and outlook.

The discounter attributed the jump in comp sales to increased customer traffic, as measured by the number of register transactions, although average t

Register to view the full article

test - Advanced Registered User

Already a member? .