US discount retailer Family Dollar Stores has posted a 6% rise in third-quarter like-for-like sales.

The company yesterday (4 June) reported that comparable-store sales increased by 6.2% during the three months to the end of May.

Revenue was up 8.2% to US$1.84bn, Family Dollar said.

“Sales of consumable merchandise continued to be strong, increasing approximately 13% during the quarter. Notably, sales trends in several discretionary categories improved from what we saw in the second quarter,” said chairman and CEO Howard Levine.

Family Dollar’s store network numbers 6.654 outlets after opening 26 new stores during the quarter.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.