Family Dollar Stores (FDO) Remain Flat In October

Family Dollar Stores Inc. (NYSE: FDO) said same-store sales were flat in October. Analysts surveyed by Thomson Financial, on average, were looking for same-store sales to rise 1%. The Matthews, N.C., discount-store chain said total sales for the four weeks ended Nov. 3 rose 3.3% to $509.5 million from $493.2 million a year earlier. Family Dollar said it expects same-store sales for November will increase 1% to 3%. End of Story

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