Last $62.15 USD
Change Today -1.97 / -3.07%
Volume 2.3M
FDO On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

family dollar stores (FDO) Snapshot

Open
$63.94
Previous Close
$64.12
Day High
$63.98
Day Low
$61.84
52 Week High
09/19/13 - $75.29
52 Week Low
05/21/14 - $55.64
Market Cap
7.1B
Average Volume 10 Days
2.2M
EPS TTM
$3.18
Shares Outstanding
113.9M
EX-Date
06/11/14
P/E TM
19.5x
Dividend
$1.24
Dividend Yield
1.83%
Current Stock Chart for FAMILY DOLLAR STORES (FDO)

family dollar stores (FDO) Details

Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment includes consumables, such as household chemicals, paper products, food products, health and beauty aids, hardware and automotive supplies, pet food and supplies, and tobacco; and home products comprising blankets, sheets, towels, housewares, giftware, and home décor products. The company also provides apparel and accessories consisting of men’s and women’s clothing products, boys’ and girls’ clothing products, infants’ clothing products, shoes, and fashion accessories; and seasonal and electronic products, such as toys, stationery and school supplies, and seasonal goods, as well as personal electronics, including pre-paid cellular phones and services. As of April 10, 2014, it operated approximately 8,100 stores in 46 states. The company was founded in 1959 and is headquartered in Matthews, North Carolina.

34,000 Employees
Last Reported Date: 10/28/13
Founded in 1959

family dollar stores (FDO) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $1.1M
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $493.0K
Executive Vice President of Store Operations
Total Annual Compensation: $425.1K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $400.4K
Compensation as of Fiscal Year 2013.

family dollar stores (FDO) Key Developments

Family Dollar Stores Inc. Plans to Close Approximately 370 Underperforming Stores in the Second Half of Fiscal 2014; Plans to Open 350 to 400 New Stores in Fiscal 2015

Family Dollar Stores Inc. plans to close approximately 370 underperforming stores in the second half of fiscal 2014. The company also plans to slow new store growth beginning in fiscal 2015. The company now expects to open 350 to 400 new stores in fiscal 2015, down from approximately 525 new stores in fiscal 2014.

Family Dollar Stores Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 31, 2014; Provides Earnings Guidance for the Fourth Quarter and Year of 2014

Family Dollar Stores Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2014. For the quarter, the company reported net sales of $2,658,964,000 compared to $2,573,506,000 a year ago. Operating profit was $120,808,000 compared to $188,420,000 a year ago. Income before income taxes was $121,307,000 compared to $189,636,000 a year ago. Net income was $81,147,000 or $0.71 per diluted common share compared to $120,938,000 or $1.05 per diluted common share a year ago. Adjusted operating profit was $145,290,000 compared to $188,420,000 a year ago. Adjusted net income was $96,502,000 or $0.85 diluted per share compared to $120,938,000 or $1.05 diluted per share a year ago. Comparable store sales decreased 1.8% as a result of fewer customer transactions, partially offset by an increase in the average customer transaction value. Sales in the third quarter of fiscal 2014 were strongest in the Consumables category, driven primarily by strong growth in refrigerated/frozen food and tobacco. For the nine months, the company reported net sales of $7,875,276,000 compared to $7,889,191,000 a year ago. Operating profit was $381,384,000 compared to $532,366,000 a year ago. Income before income taxes was $382,624,000 compared to $533,657,000 a year ago. Net income was $250,043,000 or $2.19 per diluted common share compared to $341,362,000 or $2.95 per diluted common share a year ago. Cash flows from operating activities were $253,001,000 compared to $325,351,000 a year ago. Capital expenditures were $307,183,000 compared to $599,685,000 a year ago. Adjusted operating profit was $405,866,000 compared to $532,366,000 a year ago. Adjusted net income was $265,398,000 or $2.32 diluted per share compared to $341,362,000 or $2.95 diluted per share a year ago. The company provided earnings guidance for the fourth quarter and year of 2014. For the quarter, expects that comparable store sales will be approximately flat and that earnings per diluted share will be between $0.75 and $0.85, excluding approximately $0.37 related to restructuring charges. Including the restructuring charges, the company expects earnings per diluted share will be between $0.38 and $0.48. For the year, the company expects that earnings per diluted share will be between $3.07 and $3.17, excluding approximately $0.51 per share related to restructuring charges. Including the restructuring charges, the company expects earnings per diluted share will be between $2.56 and $2.66. Effective income tax rate between 34.5% and 35.0% and capital expenditures of between $450 million and $500 million.

Family Dollar to Close 30 Stores in the Carolinas

Family Dollar Stores Inc. will close 30 stores in the Carolinas as part of a companywide effort to improve financial performance. The company would close 370 underperforming stores, slow new-store growth and take other strategic actions, including job cuts. That list of underperforming stores includes 19 in North Carolina and 11 in South Carolina. Three Charlotte region stores in Concord, Bessemer City and Oakboro will close.

 

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FDO:US $62.15 USD -1.97

FDO Competitors

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Industry Analysis

FDO

Industry Average

Valuation FDO Industry Range
Price/Earnings 18.2x
Price/Sales 0.7x
Price/Book 4.4x
Price/Cash Flow 18.1x
TEV/Sales 0.6x
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