FDO Reports January Same-Store Sales

Family Dollar Stores, Inc. (NYSE: FDO) reported sales for the four week period ended January 29, 2005, of approximately $385.8 million, or 13.5% above sales of $339.8 million for the similar period in the prior fiscal year. Sales in existing stores for the four week period ended January 29, 2005, increased approximately 5.2% above existing store sales for the similar period in the prior fiscal year, including increases of approximately 6.1% in sales of hardlines and approximately 2.1% in sales of softlines.

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