- FDO posted Q2 earnings of $90.9 million, or 80 cents per share, down from $140.1 million, or $1.21 per share, a year ago.
- Revenue slid to $2.7 billion from $2.9 billion last year.
- On average, analysts expected to see earnings of 90 cents per share and $2.77 billion in revenue.
- For the third quarter, FDO expects to see adjusted earnings in the range of 85 cents to 95 cents. Analysts expect 98 cents in earnings.
- For FY2014, the company expects earnings to be between $3.05 and $3.25 per share. Analysts expect to see earnings of $3.38 per share.
- FDO also reported that it will close 370 of its underperforming stores in the second half of 2014.
Have Been Scheduled
FDO - Upcoming Dividend Payouts
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|No Upcoming Dividend Dates|
FDO - Dividend Yield & Stock Price History
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FDO - Dividend Payout History
Current Annual Payout
Dividend.com DARS Rating™ Breakdown for FDO
FDO - Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal Dividend Growth History for FDO.||18.8%||23.8%||37 years|
FDO - Historical Annual Dividend Data & Growth
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FDO - Historical Dividend Data
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Family Dollar Stores (FDO) - News
We've seen a lot of M&A activity so far in 2014. Last Monday, the largest energy merger since the Exxon Mobil merger in 1999 was announced when...
On Monday morning, reports were released that Dollar General has made an offer to acquire Family Dollar Stores, Inc. (FDO) . This offer creates...
Early on Monday morning it was announced that Dollar Tree (DLTR) and Family Dollar Stores (FDO) have entered into a definitive agreement that...
Before Thursday's opening bell, discount store Family Dollar Stores, Inc. (FDO) reported lower third quarter net income, which fell below...
Monday's Analyst Moves: Capital One, L Brands, Family Dollar, J.M. Smucker, More (COF, LB, FDO, SJM, More)Jun 9, 2014Before Monday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Family Dollar Stores, Inc. Misses Estimates; Posts Weak Outlook; WIll Close 370 Stores (FDO)Apr 10, 2014Discount retailer Family Dollar Stores, Inc. (FDO) reporter lower second quarter earnings on Thursday, which came in below analysts' estimates. FDO's Earnings in Brief
These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Silver Wheaton...
Before the opening bell on Thursday, Family Dollar Stores (FDO) announced its Q1 results, posting higher net sales while comparable store sales...
Family Dollar Q4 Earnings Rise Above Estimates; Shares Dip on Weak Outlook (FDO)Oct 9, 2013Shares of discount retailer Family Dollar Stores, Inc. (FDO) were down on Wednesday morning following the company's report of a weak outlook. The Matthews, NC-based company reported fourth quarter net income of $102.21 million, or 88 cents per share, up from $80.93 million, or 69 cents per share, a year ago. Excluding special items, earnings were 86 cents per share, compared to 75 cents per share last year. On average, analysts expected to see earnings of 84 cents per share. Total revenue for the quarter was $2.502 billion, up from $2.364 billion last year. Analysts expected to see revenue of $2.56 billion. The company noted that comparable stores sales and customer traffic were flat during the fourth quarter. The largest sales growth was in the Consumables category, which rose 8.3% Howard Levine, CEO of FDO commented: "While the environment was more challenging than expected, I am pleased with our progress. We have increased our market share, we have stabilized margins and we are increasing profitability. Our strategy is working, and we remain on course with our long-term goal to drive continued profitable growth and increase shareholder returns." Looking forward, FDO expects to see first quarter earnings between 65 cents and 75 cents per share. Comparable store sales are expected to decline in the low single-digit range. Analysts are expecting to see earnings of 76 cents per share. The company is expecting to see earnings for the 52 weeks ending August 30 to be between $3.80 and $4.15 per share. Analysts are estimating earnings of $4.13 per share. Family Dollar shares were down $2.05, or 2.95%, during pre-market trading Wednesday. The stock is up 9.5% YTD.
The Bottom LineShares of Family Dollar Stores, Inc. (FDO) have a 1.50% yield based on Tuesday's closing price of $69.45. Family Dollar Stores, Inc. (FDO) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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