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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Family Dollar Reports Quarterly And Full-Year Results 0 comments
    Oct 9, 2013 10:37 AM | about stocks: FDO

    Originally published at

    Family Dollar Stores Inc. (NYSE:FDO) announced its fourth quarter and full fiscal year 2013 financial results, reporting positive growth in revenue and sales. Fourth quarter net sales improved 5.8% to $2.5B, up from $2.4B the previous year. When excluding certain one-time charges, earnings per share were up from $0.75 a year ago to $0.86 this quarter. For the entire fiscal year 2013, sales increased 11.4% from $9.3B to $10.4B, while comparable store sales increased 3.0%. Net income improved 5.1% from $422.2M a year ago to $443.6M with earnings per share increasing 4.4% to $3.80. Chairman and CEO Howard Levine commented that the company posted record sales and earnings for both the quarter and full year and intends to continue its drive to continued growth, value, and profitability.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FDO
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