Family Dollar declines on weak quarter

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SymbolPriceChange
FDO64.30-0.16
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Earnings, Revenue Miss

Family Dollar reported third-quarter profit of $1.06 a share, missing the $1.07 average analyst forecast. Sales were $2.36 billion, also less than the $2.37 billion estimate. Guidance implied a slight miss of full-year consensus, as well. FDO drops more than 7 percent before the bell on my tradeMONSTER platform.

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