Family Dollar Reports Q2 EPS of $0.98 vs. $0.97; Revenues $2.26B vs. $2.26B

Family Dollar Stores, Inc. FDO today reported that net income for the second quarter of fiscal 2011 ended February 26, 2011, increased 9.8% to $123.2 million compared with net income of $112.2 million for the second quarter of fiscal 2010. Net income per diluted share for the quarter increased 21.0% to $0.98 compared with $0.81 for the second quarter of fiscal 2010 ended February 27, 2010. Sales for the second quarter of fiscal 2011 were approximately $2.263 billion