Family Dollar (FDO) June Comp Store Sales Increase 8.0%

Family Dollar Stores (NYSE: FDO) reported that net sales for the five weeks ended July 5, 2008, increased 10.7% to $715.0 million compared with $645.8 million for the five-week period ended July 7, 2007. Comparable store sales for the June period increased 8.0%. The Company had 6,562 stores as of July 5, 2008, including 24 new stores which opened in the June period.

Family Dollar expects that comparable store sales in the July period will increase 3% to 5%.
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