Family Dollar Reports Q4 2010 Sales Up 8%, FY 2010 Sales Up 6.3%
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— Family Dollar reported sales for fourth quarter (Q4) period ended August 28, 2010. Quarterly Performance Net sales were up 8% to USD 1.957 billion. Comparable-store sales (comps) increased 6.1% over Q4 2009. Family Dollar noted that sales were strong in the Consumables category. During Q4 2010, Family Dollar opened 75 new stores. Yearly Performance Net sales were up 6.3% to USD 7.867 billion. Comps increased 4.8% as compared to the previous year. As of August 28, 2010, Family Dollar operated 6,785 stores. Howard Levine, Family Dollar, Chairman and Chief Executive Officer (CEO), stated: 'In fiscal 2010, we enhanced
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