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More on Family Dollar's (FDO) Q3: Comparable sales rose 2.9% during the quarter as sales of...

More on Family Dollar's (FDO) Q3: Comparable sales rose 2.9% during the quarter as sales of consumables outpaced sales of discretionary items. Sales growth was influenced by both higher average customer transaction value and increased customer traffic. SG&A expenses as a percentage of total sales declined 20 bps to 27.4%. The company forecasts Q4 comparable sales will rise 2% vs. prior guidance of 2%-4% and sees EPS falling in a range of $0.82 to $0.87. (PR)
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