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Shares of Family Dollar (FDO) fall 8.5% premarket after the retailer puts in a dismal quarter...

Shares of Family Dollar (FDO) fall 8.5% premarket after the retailer puts in a dismal quarter and slides its estimates for FQ2 lower. An emphasis by the company on lower margin items such as cigarettes and soft drinks put a serious crimp on its ability to turn a profit. Peers premarket: DG -3.8%, DLTR -2.9%.
Comments (1)
  • june1234
    , contributor
    Comments (2499) | Send Message
     
    Thats because everybody went shopping at Tiffianys.
    3 Jan 2013, 10:08 AM Reply Like
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