Family Dollar Stores (FDO) Tops Q2 EPS by 1c; Guides Q3, Narrows FY11 Outlook

March 30, 2011 7:00 AM EDT
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Price: $79.39 --0%

Financial Fact:
Net income: 79.94M

Today's EPS Names:
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Family Dollar Stores Inc (NYSE: FDO) reported Q2 EPS of $0.98, $0.01 better than the analyst estimate of $0.97. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.27 billion.

Same-store sales were up 5.1%.

Sees Q3 EPS of 92-97c, vs. the consensus of 94c. Sees comps up 5-7%.

Narrows its FY11 ESP guidance from $3.08-$3.23 to $3.13-$3.23, vs. the consensus of $3.12.

UPDATE: Click here to see some highlights from Family Dollar's Q2 conference call.


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