Family Dollar Losing Dollars
Retailing Today, Friday, January 4, 2013 8 AM
Despite solid sales trends at Family Dollar during the company’s first quarter ended Nov. 24, margins contracted and profits were less than expected. The company reported earnings per share of 69 cents that were at the low end of the company’s guidance range of 69 cents to 78 cents and well below analysts’ consensus forecast of 75 cents.
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