Currencies

Family Dollar 3Q Same-store Sales Rise

Stock quotes in this article: FDO  

Family Dollar said it now says it expects earnings per share to be at or above the upper end of its earlier estimate of 54 and 58 cents. Analysts predict it will earn 57 cents per share, according to Thomson Reuters.

Family Dollar is scheduled to report quarterly results on July 8. The company operated 6,654 stores at the end of May, with 26 new stores opening during the quarter.

Shares of Family Dollar fell $1.57, or 4.9 percent, to $30.83 in morning trading.

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