Family Dollar Boosts Same-Store Sales 5.1 Percent in Q2



MATTHEWS, N.C.–Same-store sales for Family Dollar rose 5.1 percent in its fiscal second quarter, which ended Feb. 26.

A statement from the discount retailer said a strong February, which delivered springlike weather in many of its locations, helped offset a January in which sales took a hit from the winter storms throughout the nation. Consumables and seasonal products delivered the strongest performance among all of Family Dollar’s merchandise.

Howard Levine, chairman and chief executive officer, said the retailer is benefiting from corporate strategies geared toward speeding up revenue growth, expanding operating margins and improving the shopping experience at the stores.

Posted in News, Retail.

Last updated: March 14, 2011