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Enter Symbol:
 
Family Dollar Stores, Inc. (FDO) [hlAlert]

Rating:
Underperform
FDO
down 14.28 %

Family Dollar Stores, Inc. (FDO) rated Underperform by BofA/Merrill

Posted on: Thursday,  Jul 12, 2012  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Family Dollar Stores, Inc. (NYSE: FDO) on 07/12/2012, when the stock price was $67.97. Since
then, Family Dollar Stores, Inc. has gained 16.67% as of 07/06/2016's recent price of $79.30.
If you would have followed this BofA/Merrill's recommendation on FDO, you would have lost 14.28% of your investment in 1455 days.

Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 6,600 general merchandise retail discount stores in 44 states, providing consumers with a selection of merchandise in neighborhood stores. The Company?s merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics. The Company?s products include health and beauty aids, packaged food and refrigerated products, home cleaning supplies, housewares, stationery, seasonal goods, apparel and domestics. During the fiscal year ended August 30, 2009 (fiscal 2009), the Company opened 180 stores, closed 96 stores, relocated 10 stores within the same shopping center or market area, and expanded or renovated 41 stores. During fiscal 2009, approximately 20% of the Company?s stores were located in large urban markets (markets with populations above 200,000), and approximately 26% of the Company?s stores were located in small urban markets or suburban areas.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/12/2012 8:25 AM Sell
None
67.97
as of 12/31/2012
1 Week down  -0.92 %
1 Month up  10.94 %
3 Months up  4.35 %
1 YTD up  6.70 %

(*) Stock Price at the time of the recommendation.
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