MATTHEWS, N.C. — Family Dollar Stores here on Friday said its fourth-quarter net income improved 40.7% to $53.2 million, on consumables sales increases sparked by government stimulus checks, along with internal cost controls. The discounter previously reported that sales for the fourth quarter, which ended Aug. 30, were up by 8.2% to $1.8 billion and comparable-stores sales improved by 5.6%. Gross profit as a percent of sales dipped to 32.9% from 33.1% reflecting a greater portion of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.