MATTHEWS, N.C. — Stock in Family Dollar Stores was trading down nearly 7% Friday after the discounter said sales and margins were lighter than expected during its fiscal first quarter. Family Dollar said net income for the quarter, which ended Nov. 26, increased 8.1% to $80.4 million on $2.1 billion in sales, a 7.6% increase. Comparable-store sales improved by 4.1% as consumable sales increased but discretionary categories suffered. As a result, higher markdowns and increased ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

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 complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.