Retail Geeks digs out a disturbing note on Family Dollar's (FDO) FQ1 after dissecting the...

|About: Family Dollar Stores Inc. (FDO)|By:, SA News Editor

Retail Geeks digs out a disturbing note on Family Dollar's (FDO) FQ1 after dissecting the retailer's earnings release and conference call with analysts. The Tiburon Research Group blog notes Family Dollar's sharp decline in gross margins could have been even worse if not for a freight expense benefit that cycled in during the quarter - an item that according to the firm should have been laid out more transparently.