MATTHEWS, N.C. — Stock in Family Dollar Stores was up more than 12% Wednesday after the retailer said its annual earnings would exceed initial forecasts after a strong third quarter. Net earnings for the fiscal third quarter ended May 30 increased 35.5% to $87.7 million on strong sales, particularly of food and consumables, as well as gross profit increases stemming from lower freight expenses, reduced shrinkage and higher purchase mark-ups. The chain previously reported a quarterly sales ...
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