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Thursday, June 28, 2012

Earning Alert -Family Dollar (FDO): FQ3 EPS of $1.06 misses by $0.01. Revenue of $2.36B in-line- 6/28/12

Family Dollar (FDO): FQ3 EPS of $1.06 misses by $0.01. Revenue of $2.36B in-line

Family Dollar's (FDO): Comparable store sales increased 5% on strong customer traffic. SG&A expenses as a percentage of sales down to 27.4%, from 27.7% prior. Expects to open 450-500 new stores in FY12. Sees Q4 EPS of $0.71-$0.81 on comparable store sales growth of 5%-7%

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