Daily Stocks News » FDO

Family Dollar FY 2014 Outlook Cautious

Warren Paige — Wed, 09 Oct 2013 16:04:19 +0000

Discount retailer, Family Dollar Stores Inc. said on Wednesday that it is bracing for a tough new fiscal year as shoppers are spending money only on essentials even as it handed better-than-expected fiscal fourth quarter profit, thanks to its costs cutting measures. However, sales in the latest period were weaker-than-expected and same-store-sales came in flat. [...]

Major Movers on July 10; NBR, PCYC, NUS, HELE, FDO

Warren Paige — Wed, 10 Jul 2013 17:52:22 +0000

Shares of Nabors Industries Ltd. (NYSE: NBR) plunged about 5.50% by afternoon trade.Late on Tuesday, the drilling contractor said that fiscal second quarter operating earnings will miss analysts’ expectation, citing weak performance in its rig, completion and production services businesses.

While lower sales and drop in rental activities impacted Nabors’ rig business, bad weather [...]

Family Dollar’s Q3 Earnings Beat Estimate (FDO)

Warren Paige — Wed, 10 Jul 2013 15:39:46 +0000

Discount retailer, Family Dollar Stores Inc. (NYSE: FDO) said on Wednesday that its fiscal third-quarter net income slipped 3% as lower gross margin offset higher same-store-sales. However, adjusted earnings edged past expectation while revenue was in-line with Street’s estimate.

Shares were gaining about 3.15% in early trading hours as the company’s guidance for the [...]

Major Movers on January 3; FDO, RIG, MLNX, HRL, MASI, LXK

Warren Paige — Thu, 03 Jan 2013 21:06:19 +0000

Shares of Family Dollar Stores Inc. (NYSE: FDO), a Matthews, North Carolina-based company operating a chain of over 7,400 general merchandise retail discount stores in 45 states, are sinking in trading today. At last check, FDO shares were trading 11.96% lower at $56.38 on above average volume of 11.88 million. The stock hit an intra-day [...]

Family Dollar Stores Posts Stronger Profits, Higher Same-Store Sales (FDO)

Warren Paige — Wed, 03 Oct 2012 13:27:25 +0000

Discount retailing chain, Family Dollar Stores Inc. (NYSE: FDO) edged up in premarket hours on Wednesday after the company announced 1.4% increase in its fiscal fourth-quarter profits thanks to 10.8% jump in sales of food and other basic commodities in the wake of higher same-store sales even as margins continued to face the pressure.

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