Family Dollar Stock Quote and Recent Market Trends

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Family Dollar has been a staple in many communities, with over 8,000 locations across the US.

Their stock, traded under the ticker symbol FDO, has been publicly traded since 1968.

Family Dollar's revenue has consistently grown over the years, with a significant increase in 2015.

The company's market capitalization is around $4 billion, a testament to its enduring presence in the retail industry.

Family Dollar Stock Information

Family Dollar Stores Inc. is a top pick, having beaten its earnings and narrowed its focus for the future.

This company is the 2nd largest retailer in the discount space, with 7000 locations in the US.

Family Stores Inc

Family Dollar Stores Inc is the 2nd largest retailer in the discount space. It has a strong presence with 7000 locations in the US.

The company was recommended as a Top Pick by an expert on August 9, 2012. This recommendation was based on their impressive earnings beat and focus on narrowing their business.

Credit: youtube.com, Family Dollar, Dollar General, Dollar Tree Stocks

Family Dollar Stores Inc is well positioned to expand its growth profile. This is due to its ability to continue growing despite consumers deleveraging and curbing their spending habits.

The stock is trading with a 15% growth rate of EPS. This is a significant indicator of the company's financial health.

Rating

Family Dollar's stock rating is calculated based on the signals from stock experts. A high score indicates that experts mostly recommend buying the stock, while a low score means they mostly recommend selling.

The rating is calculated to provide a clear indication of the stock's performance potential. Family Dollar's stock is listed under the symbol FDO-N on the OTC market.

Family Stores Inc. Stock Drop

Family Dollar Stores Inc. stock can drop due to earnings reports or recent company news.

Earnings reports can be a major factor in a stock price drop.

Recent company news can also cause investors to sell their shares, leading to a decrease in stock value.

You can get expert advice on whether to buy, sell, or hold the stock by reading stock experts' recommendations.

Recent Events and Acquisitions

Credit: youtube.com, What Family Dollar Closures Reveal About Dollar Stores | WSJ What Went Wrong

Family Dollar has undergone significant changes in recent years.

In 2012, the company beat its earnings and narrowed its focus, leading to an 8.52% increase in stock value.

The company has a strong presence in the discount space, with 7000 locations in the US, making it the 2nd largest retailer in this sector.

In 2014, Family Dollar announced it would close 370 stores and slash prices on nearly 1,000 basic store items, a move aimed at improving its financial performance.

Dollar Tree has acquired Family Dollar in a cash and stock transaction worth approximately $8.5 billion, with a 23% premium over Family Dollar's closing stock price on July 25.

The acquisition is expected to close by early 2015 and will enable Dollar Tree to offer both fixed-price and multi-price point store formats with an expanded product assortment.

Family Dollar's CEO, Howard Levine, will remain with the company and report directly to Dollar Tree's CEO, Bob Sasser.

Frequently Asked Questions

Who is Family Dollar merging with?

Family Dollar is merging with Dollar Tree in an $8.5 billion deal. The two discount retailers are combining their operations to create a larger, more competitive company.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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