Family Dollar may still benefit from move into groceries, WSJ reports

theflyonthewall.com

While earnings day at Family Dollar Stores (FDO) may not be rosy, investors should still show up, according to the Wall Street Journal's "Ahead of the Tape." The question is whether the discounter has gained traction with its recent move into groceries. While those sales have been strong, they haven't been impressive enough to lift weak margins overall. But there's reason to expect improvement, especially among low-income consumers.

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