Family Dollar Stores (NYSE: FDO ) reported earnings on July 10. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 1 (Q3), Family Dollar Stores met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. GAAP earnings per share shrank.
Margins shrank across the board.
Family Dollar Stores notched revenue of $2.57 billion. The 25 analysts polled by S&P Capital IQ predicted revenue of $2.57 billion on the same basis. GAAP reported sales were 9.0% higher than the prior-year quarter's $2.36 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.05. The 25 earnings estimates compiled by S&P Capital IQ predicted $1.02 per share. GAAP EPS of $1.05 for Q3 were 0.9% lower than the prior-year quarter's $1.06 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 34.7%, 110 basis points worse than the prior-year quarter. Operating margin was 7.3%, 110 basis points worse than the prior-year quarter. Net margin was 4.7%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $2.59 billion. On the bottom line, the average EPS estimate is $0.85.
Next year's average estimate for revenue is $10.47 billion. The average EPS estimate is $3.78.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 571 members out of 624 rating the stock outperform, and 53 members rating it underperform. Among 195 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 184 give Family Dollar Stores a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Family Dollar Stores is hold, with an average price target of $63.40.
Is Family Dollar Stores the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.
- Add Family Dollar Stores to My Watchlist.