MATTHEWS, N.C. — Increased store traffic and demand for low-priced basics helped sales at Family Dollar Stores here improve by 2.6% to $1.8 billion in the fiscal fourth quarter ended Aug. 29. Comparable-store sales increased by 1%, despite the anniversary of stimulus checks that boosted sales figures by 5.6% in the same period last year, officials said. Family Dollar also boosted quarterly net earnings by 13.2% to $60.1 million, primarily driven by lower freight expenses, reduced shrinkage ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.