date:Jul 15, 2013
Family Dollar Stores Inc. said Wednesday that its fiscal third-quarter net income fell 3% as expenses rose. But the earnings topped analysts' estimates, and its shares climbed in premarket trading.
Dollar stores have continued to see a steady stream of shoppers since the recession as consumers look for bargains on everyday goods and other items.
Chairman and CEO Howard Levine said in a statement that sales of consumable items like food did well during the quarter, but that sales of discretiona