Earnings roundup: Family Dollar, Schnitzer Steel

Earnings roundup: Bargain-seekers boost Family Dollar profit, Schnitzer Steel net shrinks

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NEW YORK (AP) -- Among the earnings stories for Thursday, June 28, from The Associated Press:

— Family Dollar Stores Inc.'s fiscal third-quarter profit rose 12 percent, as more people headed to its discount stores in search of bargains and spent more money on their purchases.

— Schnitzer Steel Industries Inc. said its fiscal third-quarter net income slid 66 percent as it deals with higher costs and lower selling prices in its metals recycling unit.

— American Greetings Corp.'s fiscal first-quarter net income fell 78 percent, dragged down by charges related to the bankruptcy of Britain's Clinton Cards PLC.

— Worthington Industries saw fourth-quarter net income edge upward thanks to better selling prices and strength in its cylinders unit.

— Greenbrier returned to a profit during the third-quarter as it delivered more new railcars and the higher volumes helped boost margins, but the company fell short on revenue.

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