Family Dollar Stores, Inc.

Industry: Speciality Stores

Fortune Rank: 305

FDO operates more than 5,000 self-service retail discount stores in 43 states and the District of Columbia that are geared toward helping value-conscious families meet their basic shopping needs. For the FY ended 8/27/05, net sales rose 10% to $5.82B. Net income fell 16% to $217.5M. Results reflect increased comparable store sales and the addition of new stores opened, offset by lower gross margins and costs related to the urban initiative.

Family Dollar Stores, Inc., incorporated in 1969, operates a chain of self-service retail discount stores. As of October 1, 2004, there were 5,481 stores in 44 states and the District of Columbia. During the fiscal year ended August 28, 2004 (fiscal 2004), 500 stores were opened, 61 stores were closed, 28 stores were relocated within the same shopping center or market area, 51 stores were expanded in size and 116 stores were renovated. From August 29, 2004, through October 1, 2004, the Company opened 18 new stores, closed three stores, relocated two stores, expanded seven stores and renovated 11 stores. The stores offer a variety of hardlines and softlines merchandise.

Family Dollar Stores, Inc.

Family Dollar Stores, Inc. is a Fortune 500 company. In 2010 Family Dollar Stores, Inc. was ranked number 305 on the Fortune 500 list, making it the 305th largest company in the United States when judged by revenue.

Family Dollar Stores, Inc. achieved revenue of $7,400.60 million in 2010 and earned a profit of $291.30 million.

Family Dollar Stores, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 305th compared to 359th in 2009. This was based on its 2009 revenue of $6,984 million (a change of 1 million compared to 2010) and profits of $233 million (a change of $58 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Family Dollar Stores, Inc. would be ranked 283rd rather than 305th due to its profits of $291 in 2010.

Family Dollar Stores, Inc. Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts