Family Dollar Pockets $87.7 Million

In these trying times, families are looking to save a dollar -- and, lo and behold, there is Family Dollar Stores (FDO Quote), which announced today that is profiting handsomely during the downturn.

The discount chain, which sells most of its products for under $10, posted a 36% jump in third-quarter profit and forecast fourth quarter earnings in line or even above analysts' estimates.

The company earned $87.7 million during the quarter, or 62 cents per share, compared with $64.7 million, or 46 cents per share, a year ago. Analysts expected earnings of 59 cents. ...