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Earnings preview: Family Dollar continues to cash in on frugal consumers

Posted Jul 7th 2009 5:20PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Family Dollar Stores (FDO)

Family Dollar Stores Inc. (NYSE: FDO), the operator of the nation's number two dollar-store chain, is scheduled to discuss its fiscal third quarter 2009 results tomorrow morning in a conference call at 10:00 AM ET. You can catch the live webcast of the call on the company's website.

For the quarter in which Family Dollar saw a new global sourcing executive and declared a quarterly dividend, analysts surveyed by Thomson Reuters expect the North Carolina company to report that earnings rose 22.0% to $0.59 per share, a bit higher than Family Dollar's guidance. Revenue for the quarter is expected to be 8.3% higher to $1.8 billion. Earnings have met or topped estimates in the five past quarters.

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