Related Blog Posts from the Wikinvest Wire

Family Dollar Stores (FDO)   Subscribe to Family Dollar Stores (FDO) content from the Wikinvest Wire
 » Back to Family Dollar S… (NYSE:FDO) Stock Page

  

8/14/12Bill Ackman Sells Citi, FDO, KFT, Only Purchase Is Proctor & Gamble (Value Investing)

Bill Ackman's Pershing Square Capital is a value oriented hedge fund. Pershing has approximately $10 billion under management and is up 3.3% year to date, as we reported several days ago. Ackman holds a very concentrated portfolio. According to 13F fillings, he only has eight holdings, however, on the last stat sheet we saw from the [...]

8/3/12Family Dollar Stores ($FDO) Valuation Analysis (ValueWalk.com)

About Family Dollar Stores (FDO):  Directly from their website “For more than 50 years, Family Dollar has been providing value and convenience to customers in easy-to-shop neighborhood locations. Family Dollar’s mix of name brands and quality, private brand merchandise, appeals to shoppers in more than 7,200 stores in rural and urban settings across 45 states. Helping families [...]

7/17/12Trian Fund Sells Some Family Dollar (FDO) (market folly)

Nelson Peltz's Trian Fund Management was the largest institutional holder of Family Dollar (FDO) shares at the end of the first quarter.  However, according to a recent Form 4 filed with the SEC, Trian has sold some shares. Per the SEC filing, Trian's co-manager Ed Garden (who sits on FDO's board) sold 597,000 shares at prices between $69.75 and $70.71 on July 10th and 11th.  After these sales, Trian was left owning 9,369,201 shares.  We've posted up the firm's thoughts on FDO in Trian's...

6/15/12Family Dollar Stores (FDO) Dividend Stock Analysis (Dividend Growth Investor)

Family Dollar Stores, Inc. (FDO) operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. This dividend aristocrat has paid uninterrupted dividends on its common stock since for 36 years in a row. The company’s last dividend increase was in January 2012 when the Board of Directors approved a 16.70% increase to 21 cents/share. Family Dollar‘s largest competitors include Target (TGT), Dollar Tree (DLTR) and Big Lots...

6/13/12Today's Leading Industry (Samurai Trader)

Here are the industries with 55% or more of their stocks advancing today. Here are the industries with 10% or more of their stocks making new highs. Discount and variety stores is a defensive group, and would normally be expected to hold up better suring market weakness, but this one is strong during periods of market strength as well. There are several stocks here that are very strong right now: DG, DLTR, FDO, and WMT are current leaders, while PSMT and BIG are recent leaders.

6/8/12Family Dollar Stores Stock Analysis (The DIV-Net)

Family Dollar Stores, Inc. (FDO) operates a chain of self-service retail discount stores primarily for low and middle income consumers in the United States. This dividend aristocrat has paid uninterrupted dividends on its common stock since for 36 years in a row. The company’s last dividend increase was in January 2012 when the Board of Directors approved a 16.70% increase to 21 cents/share. Family Dollar‘s largest competitors include Target (TGT), Dollar Tree (DLTR) and Big Lots...

5/1/12Ackman sells FBHS and FDO, Einhorn Buys Oaktree (Value Investing)

Pershing Square Capital Management recently exited Fortune Brands Home & Security Inc (NYSE:FBHS) and Family Dollar Stores, Inc. (NYSE:FDO). The hedge fund’s head, activist investor, Bill Ackman said that his firm has just sold its entire stake in the two companies. The stock in both of these firms has been increasing steadily, and most analysts are of the [...]

5/1/12Pershing Square Exits Family Dollar and Fortune Brands Home & Security Positions (market folly)

Bill Ackman's hedge fund Pershing Square Capital Management just filed two separate 13G's with the SEC.  Both revealed that Pershing has completely sold out of its previous positions in Family Dollar (FDO) and Fortune Brands Home & Security (FBHS). Each stock has seen material price appreciation and so this could simply be a case of harvesting profits to allocate capital to more compelling ideas.  Pershing exited FBHS on April 27th and FDO on April 19th. For those interested, we've...

4/2/12An Altogether Different Reality (Financial Armageddon)

A post at CNNMoney's Term Sheet blog, "Why Dollar Stores Are Thriving, Even Post-Recession," maintains that there is more to the recent success of the U.S. dollar store industry -- including the big three, Dollar General (DG) , Dollar Tree (DLTR), and Family Dollar (FDO) -- than meeting the needs of cash-strapped consumers. The optimists better hope that is correct. Because if it isn't, history suggests the continued strength in the group is a sign that Americans are becoming more...

2/12/12Trickle-Up Austerity (Financial Armageddon)

In the good old days before the financial crisis struck, trickle-down prosperity was the rage. But in today's new normal, as My Budget 360 reminds us in "United States of Dollar Stores," it's more a matter of what one might call "trickle-up austerity." The fastest growing segment of dollar store customers are coming from those making $70,000 a year or more.  In fact, 1 out of 5 dollar store shoppers come from this group.  Keep in mind the median household income in the US is $50,000...

10/20/11General Review On Family Dollar Stores, Inc. (NYSE:FDO). (Penny Stock DD)

ABOUT Family Dollar Stores, Inc. (NYSE:FDO): Family Dollar Stores was incorporated in 1959 and situated in Matthews, North Carolina. The company is working a chain of more than 6,800 general merchandise retail discount stores in 44 states. The FDO consumers with a selection of priced merchandise in neighborhood stores. The company’s merchandise stores provides home products, [...]

10/15/11Weekly CEO Sells Highlight: BBBY, STZ, FDO, OCZ (Wall Street Sector Selector)

By guruat. According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Bed Bath & Beyond Inc, Constellation Brands Inc CI A, Family Dollar Stores Inc and OCZ Technology Group Inc. Bed Bath & Beyond Inc. (BBBY): CEO Stev...

9/28/11Family Dollar Q4 Profit Tops Estimates, Sees Growth; To Buy Back Shares – Update (Penny Stock DD)

Retail discount stores operator Family Dollar Stores, Inc. (FDO: News ) Wednesday reported an 8 percent rise in profit for its fourth quarter that came in above Street projections. The results were boosted by strong comparable store sales, mainly in consumables and Seasonal and Electronics categories. Looking ahead, the company [...]

9/26/11Not All in the Family (Dollar) (Benzinga)

As Family Dollar Stores, Inc. (NYSE: FDO) is set to report earnings on Wednesday, September 28, the attention being afforded (pun intended) to the space recently has ramped up. The Charlotte-based company is expected to report earnings of 63 cents per share on $2.12 billion in revenues. This is up from last year, when the dollar store reported earnings of 56 cents per share on $1.96 billion in revenues. Back in May at the Ira Sohn conference, Pershing Square's Bill Ackman announced...

8/20/116 Holdings Pershing’s Bill Ackman Has Recently Increased (Investment Underground » Page not found)

Managing over $5.7 billion at Pershing Square Capital, Bill Ackman’s ability to move market

7/11/11(FDO) Family Dollar Stores 2011 Third Quarter Earnings Scorecard (Stock Blog Hub)

Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, recently posted third-quarter 2011 results. Street analysts had a week to ponder on the news. In the subsequent paragraphs, we will cover the recent earnings announcement, subsequent analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Earnings Report [...]

6/29/11(FDO) Family Dollar Stores Misses – Earnings Up (Stock Blog Hub)

Family Dollar Stores Inc. (FDO) recently posted third-quarter 2011 results. The quarterly earnings of 91 cents a share missed the Zacks Consensus Estimate of 95 cents, but jumped 18.2% from 77 cents earned in the prior-year quarter due to healthy sales witnessed in the Consumable and Home Products categories. However, the shares of Family Dollar dropped [...]

6/29/11(FDO) Family Dollar Stores 2011 Third Quarter Earnings Preview (Stock Blog Hub)

Family Dollar Stores Inc. (FDO), the operator of the self-service retail discount store chain, is slated to report its third-quarter 2011 financial results on Wednesday, June 29, 2011. The current Zacks Consensus Estimate for the quarter is 94 cents a share and the Zacks Consensus Revenue Estimate is $2,164 million. Second-Quarter 2011, a Synopsis Family Dollar’s quarterly [...]

6/14/11Bill Ackman's Presentation on Family Dollar (FDO) (market folly)

At the recent Ira Sohn Conference, Pershing Square Capital's Bill Ackman presented Family Dollar (FDO) as his investment idea under the notion that it is a prime target for a leveraged buyout (LBO). While we've presented notes from the hedge fund conference, today we present Ackman's actual presentation (powerpoint slides) from the event. His presentation highlighted that the dollar store chain is like Walmart (WMT), but with more room to grow. Ackman points to the company's return on...

6/10/11Bill Ackman Buys More Family Dollar (FDO) & Fortune Brands (FO) (market folly)

Bill Ackman's hedge fund Pershing Square Capital Management has been on a buying spree this week. Fortune Brands (FO) First, they scooped up shares of Fortune Brands (FO) on June 6th and 7th (and last week as well). In total, Pershing purchased 501,397 shares of FO at prices of $62.87 and $63 per share. After said purchases, the hedge fund now owns 17,170,033 shares of Fortune Brands. This is an activist position for Ackman and we covered his initial 13D filing last year. The thesis...

6/9/11Ackman takes largest stake in Family Dollar Stores (Penny Stock DD)

Activist investor William Ackman has acquired the largest single stake in discount store operator Family Dollar Stores Inc., according to documents filed Thursday with the Securities and Exchange Commission. Ackman and his hedge fund, Pershing Square Capital Management LP, took an 8.9 percent stake in the Matthews, N.C., retailer. As of March 31, Pershing Square had [...]

6/7/11The El Cheapo Plays (Wall Street Sector Selector)

__________________________ Many of the dollar stores and pawn shops going online (Hat Tip to the @wallstreetbean guys) are looking great for an “El Cheapo” trading thesis. Note that these plays also have the added bonus of being defensive ...

5/27/11Bill Ackman Discloses Size of Family Dollar (FDO) Position (market folly)

Two days ago at the Ira Sohn Conference, Pershing Square's Bill Ackman pitched shares of Family Dollar (FDO) as an attractive investment. At the time, however, no one knew the exact size of his wager. Now, we do. In an amended 13F filed with the SEC, Pershing Square Capital Management disclosed ownership of 5,764,187 shares of FDO. At current prices of around $55.50, that translates into almost a $320 million investment. Compared to the rest of Pershing's disclosed holdings, this...

5/26/112011-05-26 – puddles trades (Robert Weinstein Trading Blog)

9:33 LONG FDO 56.03 STOP 55.85 TGT 56.39 - standard morning gap play.. - SPY gap down but wants to close - FDO gap up - long the break of the round # - given how strong FDO was i adjusted the tgt based on my actual entry to get a pure 2:1 trade - out +0.36 9:47 LONG LVS 41.71 STOP 41.56 TGT 42.00 - [...]

5/25/11Bill Ackman’s New Favorite Unsexy Stock Pick (Wall Street Sector Selector)

Hedge fund managers became extremely bullish about dollar stores since the beginning of this year. Pershing Square’s Bill Ackman joins Nelson Peltz recommending Family Dollar Stores (FDO). In February Trian Partners’ Nelson Peltz disclosed an ac...

4/10/11(FDO) Family Dollar Stores Second Quarter 2011 Earnings Scorecard (Stock Blog Hub)

Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, recently posted second-quarter 2011 results. Street analysts had nearly a week to ponder on the news. In the subsequent paragraphs, we will cover the recent earnings announcement, subsequent analysts’ estimate revisions as well as the Zacks Rank and long-term recommendation on the stock. Earnings [...]

4/4/11(FDO) Family Dollar Stores Risk-Reward Balances (Stock Blog Hub)

Family Dollar Stores Inc.’s (FDO) strategic initiatives to improve merchandising, marketing and store operations have resulted in sustained growth in the top and bottom lines. Management now expects a growth of 8% to 10% in net sales, 5% to 7% in comparable-store sales and 19.5% to 23.3% in earnings per share for fiscal 2011. We believe [...]

3/31/11(FDO) Family Dollar Stores Second Quarter 2011 Earnings Preview (Stock Blog Hub)

Family Dollar Stores Inc. (FDO), the operator of the self-service retail discount store chain, is slated to report its second-quarter 2011 financial results before the bell on Wednesday, March 30, 2011. The current Zacks Consensus Estimate for the quarter is 98 cents a share. For the quarter to be reported, the Zacks Consensus Estimate for [...]

3/30/11Story Stocks: Family Dollar Stores (NYSE:FDO), Google (NASDAQ:GOOG), Apple (NASDAQ:AAPL), Sirius ... (Jutia Group)

Family Dollar Stores (NYSE:FDO) said its second-quarter net income increased to $123.2 million, or 98 cents a share, from $112.2 million, or 81 cents a share, in the year-ago period. The Matthews, N.C., retailer's sales rose 8% to $2.26 billion, from $2.1 billion. Wall Street analyts expected [...]

3/30/11Earnings Roundup: FDO, SIG, JOSB (Stock Wizard)

Family Dollar Stores Inc. (NYSE: FDO) reported Wednesday that its second-quarter net income rose to $123.2 million, or 98 cents a share, from $112.2 million, or 81 cents a share, in the year-earlier quarter. Revenue grew 8% to $2.26 billion from $2.1 billion. Analysts, on average, expect the company to report earnings of 97 cents per share on revenue of $2.27 billion. Signet Jewelers Limited (NYSE: SIG) said that its fourth-quarter net income dropped to $105.4 million or 1.21 per...

3/29/11Family Dollar Stores Inc. (NYSE: FDO): Q2 Earnings Preview 2011 (Stock Wizard)

Family Dollar Stores Inc. (NYSE: FDO) is scheduled to release its fiscal second-quarter earnings before the opening bell on Wednesday, March 30, 2011. Analysts, on average, expect the company to report earnings of $0.97 per share on revenue of $2.27 billion. In the year ago quarter, the company reported earnings of $0.81 per share on revenue of $2.09 billion. Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income...

3/14/11Market Update: Family Dollar Stores (NYSE:FDO), Apple (NASDAQ:AAPL), IBM (NYSE:IBM) (Jutia Group)

Family Dollar Stores (NYSE:FDO) said Monday its second-quarter sales at stores open at least one year rose 5.1%, while net sales increased 8.3% to $2.26 billion. "Although January sales were negatively impacted by winter storms, February sales benefited from early spring-like weather," the Matthews, [...]

3/10/11Today’s Winning Trade: The Impoverished Consumer Returns (WMT, MCD, DG, DLTR, FDO) (Wall Street Sector Selector)

On a day when lower oil has not prevented a triple-digit drop in the DJIA and a larger 1.7% drop in the S&P 500, we wanted to see what was working out there.  There are select single-story gainers out there but the most obvious standout winners ar...

3/3/11Discount Retail Stocks Pop As Family Dollar Takeover Heats Up (FDO, COST, BIG, TGT, WMT) (tickerspy.com)

Discount retailers are getting some attention today due in part to a couple of solid earnings reports, but the real news that may be helping the Discount Retail Stocks Index move higher by 1.1% is a takeover battle turned contentious. Shares of Family Dollar Stores (FDO) are fractionally higher after the company rejected a takeover offer [...]

2/23/11When WalMart Is In Trouble... (Phil's Favorites)

Courtesy of Karl Denninger, The Market Ticker  ... you know the end is approaching. The world's largest retailer has struggled with pricing as it has lost customers to dollar stores while it also is still recovering from a poorly executed decision, since reversed, to pare down the number of items it offered. Lost customers to dollar stores? You mean to tell me that the price ramps that everyone sees are real, and they're hurting people to the point that they can't afford to...

2/22/11When WalMart Is In Trouble… (Wall Street Sector Selector)

Courtesy of Karl Denninger, The Market Ticker  … you know the end is approaching. The world’s largest retailer has struggled with pricing as it has lost customers to dollar stores while it also is still recovering from a poorly executed decision, since reversed, to pare down the number of items it offered. Lost customers to dollar stores? You mean to tell me that the price ramps that everyone sees are real, and they’re hurting people to the point that they can’t afford...

2/17/11NYSE Major Bulls of the Day: (LZB, FDO, KV.A, AAN, AHD) (Penny Stock DD)

La-Z-Boy Incorporated (NYSE:LZB) went up by 28.74% to close at $10.66 with overall traded volume of 5.72 million shares in the last trading day. Its outstanding shares stood at 51.86 million and its total market capitalization ended at $552.83 million. Family Dollar Stores, Inc. (NYSE:FDO) jumped up by 21.13% and closed at $53.25 whereas total traded [...]

2/17/11(FDO) Family Dollar Stores Gets Buyout Offer (Stock Blog Hub)

Family Dollar Stores Inc. (FDO), the operator of self-service retail discount store chains, recently acknowledged that it has received a voluntary offer from Trian Group, led by Nelson Peltz, to acquire the company. Trian Group, the largest shareholder of the company with approximately 8.0% stake, has offered $55.0 to $60.0 per share or approximately $7.0 billion [...]

1/7/11(FDO) Family Dollar Deleted From Barchart Van Meerten New High Portfolio (Stock Blog Hub)

Sometimes you have to let the numbers overrule your heart. Family Dollar (FDO) was deleted from the Barchart Van Meerten New High portfolio for recent negative price trends: 60% Barchart short term sell signal 48% Barchart overall sell signal Trend Spotter (tm) sell signal Trading below its 20, 50 and 100 day moving average Dropped 12.90% off its recent [...]

1/5/11Jobs Number Provides Modest Lift (FDO, UNF, SONC, MOS, PANL) (tickerspy.com)

It wasn't exactly a groundswell, but the private job report from ADP Employer Services that showed a larger than expected rise in U.S. payrolls, was enough to give stocks a modest lift today. Next up will be the government's employment report on Friday. The action this week has been a bit choppy but we [...]

12/23/10Family Dollar Stores (NYSE: FDO): Q1 Earnings Preview (Stock Wizard)

Family Dollar Stores Inc. (NYSE: FDO) is scheduled to release its fiscal first-quarter earnings before the opening bell on Wednesday, January 5, 2011. Analysts, on average, expect the company to report earnings of 61 cents per share on revenue of $1.98 billion. In the year ago quarter, the company reported earnings of 49 per share on revenue of $1.82 billion. Family Dollar Stores, Inc. operates a chain of self-service retail discount stores primarily for low and middle income...

12/5/10Dollar Stores Are Taking Walmart’s Lunch Money (Penny Stock DD)

By MERCEDES CARDONA Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart (WMT) for the tighter aisles of their local dollar stores. Chains such as Dollar Tree (DLTR), Family Dollar Stores (FDO) and Dollar General (DG) are hitting the world's largest retailer where it hurts -- in the [...]

10/11/10(FDO) Family Dollar Stores – Flurry of Estimate Revisions (Stock Blog Hub)

Family Dollar Stores (FDO) has received a flurry of estimate revisions following its earnings announcement last week. Company Description Family Dollar Stores operates almost 7,000 stores across the U.S. The retailers offer a variety of items ranging from clothing to hardware, food to house wares. Family Dollar provides steep discounts appealing to lower income homes and those [...]

10/7/10Citigroup Reiterates Buy Rating on Family Dollar Stores (FDO) (Benzinga)

Citigroup is out with a research report this morning, where it reiterates its Buy rating on Family Dollar Stores (NYSE: FDO); it has a $54.00 price target on the stock. The analysts said that, after slowing square footage growth and focusing on making “foundational investments” such as Project Accelerate, Store of the Future, and Concept Renewal in recent years, FDO is now well-positioned to leverage these investments to drive topline growth in F2011 and beyond through a combination of...

10/7/10Goldman Discusses Family Dollar After Analyst Meeting (FDO) (Benzinga)

Goldman Sachs is out with a research report on Family Dollar Stores, Inc. (NYSE: FDO), after the company held an analyst day yesterday. It has a Neutral rating and a $46 price target on shares. In the research note, Goldman writes, "Mgmt plans include new layout, new signage, redesigned checkout areas, and the doubling of freezers/coolers from 5 to 10. With strong early reads, the company plans to touch the entire chain within the next four years." Goldman went on to note, "3) Expanding...

10/6/10Family Dollar Announces $250 Million Share Repurchase (Benzinga)

Family Dollar Stores, Inc. (NYSE: FDO) announced today it entered into an accelerated share repurchase agreement with Wells Fargo Bank, N.A. under which the Company will repurchase shares of its common stock. The Company is repurchasing shares under the agreement as part of its previously announced $750 million share repurchase authorization. Under the accelerated share repurchase agreement, the Company will pay an aggregate of $250 million to the bank on October 7, 2010, for a number of...

10/5/10Family Dollar Analyst Day Preview (Benzinga)

Family Dollar (NYSE: FDO) recently entered its new fiscal year and the company announced new strategic initiatives that include capital allocation plans, and financial targets for the coming year when it reported F4Q10 results on 9/29/10. FDO is holding a meeting with the investment community in New York City this Wednesday, 10/6. At the conference, management will discuss various business initiatives and expectations for fiscal 2011. FDO plans to reaccelerate new store growth and to...

10/4/10Family Dollar To Host Analyst Day This Week (Benzinga)

Family Dollar (NYSE: FDO) will host an analyst day this week on October 6th. In advance of the analyst day Deutsche Bank is publishing a Baker's Dozen list of questions to focus on. FDO remains one of our favorite investments driven by secular benefits as well as company specific initiatives. This is driving above-average sales and EPS growth as well as strong cash generation, and these underpin its Buy rating. Discuss your decision to open more new stores. Where are you finding...

9/30/10Piper Jaffray Reiterates Underweight Rating on Family Dollar (FDO) (Benzinga)

Piper Jaffray is out with a research report this morning, where it reiterates its Underweight rating on Family Dollar Stores Inc. (NYSE: FDO); it has a $37.00 price target on the stock, up from $34.00. The PJ analysts cited FDO's recent earnings report, which missed the consensus estimate. Additionally, the initial F11 EPS guidance of $2.95-$3.15 appears aggressive in their view. Management stated they expect DD comp growth from the remodeled stores. The store remodels are expected to...

9/30/10Investors Get Their Money's Worth With Family Dollar (Benzinga)

Deutsche Bank has published a research report for Family Dollar Stores, Inc. (NYSE FDO). In the report, Deutsche Bank writes "We believe that FDO took an aggressive stance to close the performance gap with industry leaders with a strong focus on improving sales productivity. This includes an aggressive store remodel program and continued merchandise mix and quality improvements. In addition, FDO is ramping up its square footage growth in 2011 with further increases beyond this year, and...


Your blog posts can appear here by joining the Wikinvest Wire
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki