Family Dollar (FDO) Margin Weakness Doesn't Derail Positive Thesis - MKM
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Family Dollar (FDO) CEO Blames Q1 Miss on Overzealous Sales Initiatives; Shares Sink
January 3, 2013 8:39 AM ESTDollar stores are under pressure across the board early on Thursday after Family Dollar Stores Inc. (NYSE: FDO) reported Q1 earnings. While revenue was slightly above estimates at $2.42 billion, earnings missed by 6 cents, coming in at 69 cents vs. 75 cents expected. CEO Howard Levine blamed the miss on new sales initiatives.
Levine said, Early results from our... More
Family Dollar Stores, Inc. (FDO) Misses Q1 EPS by 6c; Lowers Outlook
January 3, 2013 7:01 AM ESTFamily Dollar Stores, Inc. (NYSE: FDO) reported Q1 EPS of $0.69, $0.06 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $2.42 billion versus the consensus estimate of $2.38 billion.
Family Dollar Stores, Inc. sees FY2013 EPS of $3.95-4.25, versus prior guidance of... More
