Family Dollar Posts Sales, Earnings Gains in Q4

MATTHEWS, N.C. — Increased store traffic and demand for low-priced basics helped sales at Family Dollar Stores improve by 2.6% to $1.8 billion in the fiscal fourth quarter ended Aug. 29.

MATTHEWS, N.C. — Increased store traffic and demand for low-priced basics helped sales at Family Dollar Stores here improve by 2.6% to $1.8 billion in the fiscal fourth quarter ended Aug. 29.

Comparable-store sales increased by 1%, despite the anniversary of stimulus checks that boosted sales figures by 5.6% in the same period last year, officials said. Family Dollar also boosted quarterly net earnings by 13.2% to $60.1 million, primarily driven by lower freight expenses, reduc

Register to view the full article

Already a member? .