Family Dollar Sales Rise, Stock Falls

Family Dollar Stores posted third-quarter sales and earnings gains, but investors sent the stock tumbling about 8% after the company reduced its earnings guidance for the year.

MATTHEWS, N.C. — Family Dollar Stores here Wednesday posted third-quarter sales and earnings gains, but investors sent the stock tumbling about 8% after the company reduced its earnings guidance for the year.

"The environment remains challenging for consumers, and projecting short-term financial performance within this context remains difficult," said Kenneth T. Smith, senior v

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