Contact Us

Contact us.htm

Contact Us

Contact us.htm

Dollar Store Merchandise was Last modified: July 12, 2017;
Merchandise suppliers with 52 Product Categories with 452 Sub Categories with 76,156 dollar products on our website for your
Dollar Store, Dollar Plus Store, Discount merchandise store or 123  Dollar Store, Call us to Set up your Dollar Store.

 

Dollar Stores Up Despite Fred's and Family Dollar Missing Analyst Expectations

NEW YORK (Associated Press) - Shares of dollar store operators rose Thursday despite reports from Fred's Inc. and Family Dollar Stores Inc. of September same-store sales weaker than analysts had expected.

Family Dollar's same-store sales increased 0.5 percent for the five weeks ended Oct. 6, while analysts polled by Thomson Financial expected 0.9 percent growth. Total sales rose 3.9 percent to $614.2 million from $591.3 million a year earlier. The company said sales of food, seasonal and prepaid services were strong, while sales of apparel were softer.

Same-store sales, or sales at locations open at least a year, is a key indicator of retailer performance since it measures growth at existing stores rather than newly opened ones.

Shares of the Family Dollar, which forecasts October same-store sales growth in the range of flat to up 2 percent, rose 16 cents to $28.41 in late morning trading Thursday.

Analysts expect Family Dollar to earn 45 cents per share for the quarter ending Nov. 30, according to a poll by Thomson Financial.

Fred's said its same-store sales grew 1 percent for the period, while analysts expected them to grow 1.5 percent. Total sales rose 2 percent to $161.4 million from $158.7 million in September, which the company blamed on unusually warm weather and disruptions from updating 98 stores.

Fred's shares rose 15 cents to $10.83 in late-morning trading Thursday.

Morgan Keegan analyst L. Calvin Sheppard said the July increase in the federal minimum wage should help improve same-store sales, and maintained his "Outperform" or "Buy" rating.

Analysts expect Fred's to earn 16 cents per share for the quarter ending Oct. 31, according to a poll by Thomson Financial.

Elsewhere in the sector, shares of 99 Cents Only Stores Inc. gained 13 cents to $12.05, shares of Dollar Tree Stores rose 53 cents to $42.06 and Big Lots Inc.'s stock grew by 44 cents to $29.88.
 

 

Do you want to open your own Dollar Store at COST? click here

More on : Dollar Store Merchandise > Cell Accessories > dollar store phone accessories

52 Product Categories with 452 Sub Categories with 76,158 products on our website for your Dollar Stores, Dollar Plus Store, Ten and Below, Dollar
Discount Merchandise Store or $1 $2 $3 Dollar Store, 1 to 5 Dollar Stores, Five and Under, Ten and Under, Dollar and More; Call us toll free 1-877-549-5210 to setup your Store with Merchandise, we are Wholesale Suppliers.

Minimum quantities required; Wholesale only.

Copyright© 1997-2014 Buckstore Inc. / Copyright © 2000-2014 Dollar Store Merchandise.com
Last modified: July 12, 2017