Family Dollar Stores Inc Issues FY 2014 EPS Outlook; Revenue Outlook Below Estimates; Issues Q1 2014 EPS Outlook Below Estimates; Comments On Q1, FY 2014 Comparable Store Sales Outlook

Wednesday, 9 Oct 2013 07:00am EDT 

Family Dollar Stores Inc announced that for fiscal 2014, it expects earnings per diluted share (EPS) will be between $3.80 and $4.15. The Company's outlook for fiscal 2014 is based on the following assumptions which may or may not prove valid: A mid-single-digit increase in total net sales; A low-single-digit increase in comparable store sales. For first quarter of 2014, it expects comparable store sales will decline in the low-single-digit range and that diluted earnings per share will be between $0.65 and $0.75 per share. The Company reported revenue of $10.391 billion in fiscal 2013. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $11.148 billion and EPS of $4.12 for fiscal 2014; EPS of $0.76 for first quarter of 2014. 

Company Quote

0.13 +0.17%
27 Feb 2015