Family Dollar Stores Inc. (FDO) reported that its fourth-quarter comparable store sales increased 6.1%. Net sales increased 8.0% to $1.957 billion from $1.811 billion in the fourth quarter ended August 29, 2009. The company had 6,785 stores as of August 28, 2010, including 75 new stores opened in the fourth quarter.
For fiscal 2010, Comparable store sales increased 4.8%. Net sales rose 6.3% to $7.867 billion.
"In fiscal 2010, we enhanced our assortment, worked to make our stores easier to shop, and expanded our operating hours to provide our customers with more convenience. These investments have delivered solid results and position us well for continued growth in fiscal 2011," said Howard Levine, Chairman and CEO.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.