How many shares of Family Dollar did president James Kelly sell?”
“She’s coming to our store, but she’s not shopping the whole store,” said James Kelly, president and chief operating officer, of Family Dollar’s higher-income shoppers. Family Dollar sees growth in new stores, new shoppers Focused on getting middle-income shoppers to spend more * Will renovate older stores * Shares down 2 pct By Nicole Maestri NEW YORK, Nov 3 (Reuters) – Family Dollar Stores Inc (FDO.N) will expand its business by opening new stores, renovating older locations and selling more to the middle- income consumers who are looking for bargains. The retailer, which sells most of its merchandise for $10 or less, outlined the plans at its analyst meeting on Tuesday, which was broadcast over the Internet. Family Dollar’s core lower-income shoppers have household incomes below $40,000, but the retailer has said it is attracting more shoppers with household incomes of up to $70,000 as unemployment rises and credit remains tight. “She’s coming to our store, but she’s not shopping th
Family Dollar Stores Inc. (FDO) President and COO R James Kelly sells 95,000 Shares President and COO of Family Dollar Stores Inc. (FDO) R James Kelly sells 95,000 shares of FDO on 11/09/2009 at an average price of $29 a share. Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. The merchandising concept responsible for this growth provides consumers with good values in low cost, basicmerchandise for family and home needs. The merchandise is sold at everyday low prices in a no frills, low overhead, self-service environment. Most merchandise is priced under $10.00. Stores generally range in size from 6,000 to 8,000 square feet and most are operated under leases. Family Dollar Stores Inc. has a market cap of $4.11 billion; its shares were traded at around $29.6 with a P/E ratio of 14.3 and P/S ratio of 0.6. The dividend yield of Family Dollar Stores Inc. stocks is 1.8%. Family Dollar Stores Inc. had an annual average earning growth of 9.2%
President and COO of Family Dollar Stores Inc. (FDO) R James Kelly sells 95,000 shares of FDO on 11/09/2009 at an average price of $29 a share. Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. The merchandising concept responsible for this growth provides consumers with good values in low cost, basicmerchandise for family and home needs. The merchandise is sold at everyday low prices in a no frills, low overhead, self-service environment. Most merchandise is priced under $10.00. Stores generally range in size from 6,000 to 8,000 square feet and most are operated under leases. Family Dollar Stores Inc. has a market cap of $4.11 billion; its shares were traded at around $29.6 with a P/E ratio of 14.3 and P/S ratio of 0.6. The dividend yield of Family Dollar Stores Inc. stocks is 1.8%.
