The Smart Money at Family Dollar
By Rick Aristotle Munarriz April 8, 2009
Family Dollar stores recently hit a 52-week high in stocks this past quarter. The stores sales have risen 8.7% to about $2 billion during their second fiscal year. That is not bad considering that the economy is in a recession. But the recession is actually helping the retailer in profit margins and gross profit. The retail chain is offering unbeatable deals and bargains to consumers by having lower markdowns, freight expense savings, better inventory management, and generally higher markups. Customers shop for lower-margin consumable merchandise while at Family Dollar. Family Dollar is and will weather the economic storm and stick around for years to come.
http://www.fool.com/investing/value/2009/04/08/the-smart-money-at-family-dollar.aspx
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