TITLE

Family Dollar Experiences Challenging Quarter

AUTHOR(S)
Sanfilippo, Michele
PUB. DATE
June 2005
SOURCE
Home Textiles Today;6/27/2005, Vol. 26 Issue 41, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on financial conditions of Family Dollar Stores Inc. During a period Family Dollar Stores has dubbed its "most challenging quarter of the year," the company reported net income of $53.8 million or 25.7 percent below net income of $72.4 million for the third quarter of the prior fiscal year. Sales for the quarter were approximately $1.43 billion or 9 percent above sales of $1.31 billion in last year's third quarter. Family Dollar also plans on increasing its treasure hunt appeal in the stores and offering more branded merchandise, which both carry higher price tags.
ACCESSION #
17464470

 

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