General Merchandise Stores

Duckwall-ALCO Comp Sales, Excluding Fuel, Up 0.4% YoY (NASDAQ: DUCK)

According to Wedbush, Fred's (NASDAQ: FRED) March sales were a little light. Wedbush reported that it had forecasted March comps in line with guidance for 1%-3%, as the company expected the positive impact of the five-week month to be more than offset by the shift of Easter sales to April. “On...

Target Reports March Same-Store Sales Down -5.5% vs. -7.1% Est. (NYSE: TGT)

Target Corporation (NYSE: TGT) today reported that its net retail sales for the five weeks ended April 2, 2011 were $5,955 million, a decrease of 4.5 percent from $6,233 million for the five weeks ended April 3, 2010. On this same basis, March comparable-store sales decreased 5.5 percent.

Fred's Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month of March, which ended April 2, 2011. Fred's total sales for the month increased 3% to $188.8 million from $183.5 million in March 2010. Comparable store sales for the month rose 0.7% versus an increase of 3.6% in the...

Citi has issued a review of Family Dollar's (NYSE: FDO) F2Q11 EPS. According to Citi, "FDO's F2Q11 EPS were in-line with our forecast and consensus, driven by better-than-expected GM expansion and expense deleverage offset by lower share repurchases vs. our estimates. FDO's focus on developing...

According to Deutsche Bank, Family Dollar Store's (NYSE: FDO) 2Q11 quarterly results and FY11 outlook show a company delivering a strong fundamental performance despite increasingly more difficult comparisons. Deutsche Bank reported that makes it a compelling investment story. “Maintain Buy rating...

Wedbush, which raised its PT on shares of Family Dollar Stores Inc. (NYSE: FDO), is providing some color on the stock. “Previously reported, Q2 comps were up 5.1% — at the low end of guidance for 5%-6% as a result of severe winter storms in January — but early spring-like weather in February drove...

Goldman Sachs is raising its PT on shares of Family Dollar Stores Inc. (NYSE: FDO) from $54 to $55. Family Dollar Stores closed Wednesday at $52.25.

Deutsche Bank has raised the price target on Family Dollar Stores (NYSE: FDO) from $54 to $60 and maintains its Buy rating.

Wedbush Securities has raised the price target on Family Dollar Stores (NYSE: FDO) from $50 to $51 and maintains its Neutral rating.

Family Dollar (NYSE: FDO) said Wednesday it grew its fiscal second-quarter profits by a stronger-than-expected 9.8% and forecast full-year results that would exceed Wall Street's estimates. The Charlotte-based discount retailer said it earned $123.2 million, or 98 cents a share, in the quarter...

Family Dollar (NYSE: FDO) CEO says the takeover offer undervalues the company.

Shares of Family Dollar Stores Inc (NYSE: FDO) gained about 0.6% after the company reported its Q2 net income at $123.2 million, or $0.98 per share, up from $112.2 million, or $0.81 per share, in the year-earlier period. The company's sales increased 8% to $2.26 billion. However, analysts were...

Citigroup has published a research report on Family Dollar Stores (NYSE: FDO) after the company reported diluted valuation during its 2Q. In the report, Citigroup writes, "FDO's F2Q11 EPS of $0.98 per diluted share were in line with our estimate of $0.98 and consensus of $0.98, within the most...