Family Dollar (FDO) Reports Q2 2015 Results

Family Dollar Stores Inc. (FDO) shares are down $0.13 to $79.00 in pre-market trading Wednesday after the company reported its second quarter earnings results.

The discount retailer reported earnings of $0.74 per share on revenues of $2.80 billion, up 3.0% from a year ago. Analysts were expecting EPS of $0.73 on revenues of $2.79 billion. Comparable store sales for the 13-week period increased 0.5%, missing the Street’s consensus of 1.7% growth, as a rise in the number of customer transactions was partially offset by a decline in the average customer transaction value.

Sales were strongest in the consumables category, which increased 4.6%. Consumables sales represented 72.3% of total net sales for the quarter.

On valuation measures, Family Dollar Stores Inc. shares, which currently have an average 3-month trading volume of 989K shares, trade at a trailing-12 P/E of 36.48, a forward P/E of 26.46 and a P/E to growth ratio of 9.78. The median Wall Street price target on the name is $76.00 with a high target of $98.00. Currently ticker has zero ‘Buy’ endorsements vs. 18 ‘Holds’ and 2 ‘Sell’.

Profitability-wise, FDO has a t-12 profit and operating margin of 2.35% and 4.55%, respectively. The $9.06 billion market cap company reported $167.48 million in cash in its most recent quarter.

FDO currently prints a one year return of about 37.50% and a year-to-date loss of 0.10%.

The chart below shows where the equity has traded over the last 52 weeks.

Family Dollar Stores Inc. operates as a chain of general merchandise retail discount stores primarily for low and middle-income consumers in the United States. The company was founded in 1959 and is headquartered in Matthews, North Carolina.

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