Seeking Alpha

What Family Dollar (FDO +4.6%) didn't say: Though the retailer's earnings were solid enough to...

What Family Dollar (FDO +4.6%) didn't say: Though the retailer's earnings were solid enough to satisfy investors, the company didn't buy back any stock during the quarter to mark the first time it resisted the urge since 2009. According to JPMorgan's Matthew Boss, this development is a tad interesting given that Nelson Peltz's standstill agreement expires in two weeks.
Comments (1)
  • This company has been juicing their earnings for years with aggressive buybacks. Now they have a negative free cash flow for the past 5 quarters.

     

    I forecasted this in my bearish article here.

     

    http://seekingalpha.co...
    11 Jul 2013, 08:14 AM Reply Like
DJIA (DIA) S&P 500 (SPY)