The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Bryan Hinmon dissect the hardest-hitting investing stories of the day.
Family Dollar has reported third-quarter results, and the numbers look good. The discount retail chain was able to increase its sales by 9% and comps by 3%. Despite the good quarter, however, Jason and Bryan see troubled times ahead for the company. Without something to differentiate Family Dollar from its competitors or inspire brand loyalty in its customers, continual erosion of its market share both from big-name retailers such as Amazon.com or Wal-Mart, as well as from other discount retailers such as Dollar Tree, remains a constant looming threat.
Also, our guys discuss why OpenTable, Hewlett-Packard, Rackspace Hosting, and Apple made moves on the market today, and Jason and Bryan each discuss one stock they'll be watching in the coming week ahead, as earnings season rolls on.
