Home / Knowledge / News / Textiles / Family Dollar sees strongest growth in apparel for Jan

Family Dollar sees strongest growth in apparel for Jan

Feb '07
Family Dollar Stores Inc reported that net sales for the five weeks ended February 3, 2007, increased 38.2% to approximately $585.3 million from $423.4 million for the four week period ended January 28, 2006.

For the five-week period ended February 3, 2007, compared with the similar five week period last year, total sales increased 4.0% and comparable store sales increased approximately 0.1%. Sales increases for the five week January period were the strongest in apparel and electronics; sales of home products and basic consumables were soft.

The National Retail Federation monthly sales reporting calendar followed by the Company and widely used in the retail industry includes a non-comparative fifth week in the January period this year.

Excluding the non-comparative week, net sales for the four weeks ended January 27, 2007, increased 5.7% and comparable store sales increased 1.7% when compared with sales for the similar four week period last year.

As previously announced, this year the Company plans to expand its core food assortment in approximately 2,000 stores. The Company expects to initiate these and additional changes in other highly consumable categories in February.

While these assortment changes are expected to contribute to accelerated sales growth in the second half of fiscal 2007, the Company believes that the transition period may temporarily disrupt sales.

Consequently, the Company expects that comparable store sales for the February period will be approximately flat. The Company continues to expect that earnings per share for the second quarter of fiscal 2007 will be between $0.58 and $0.64.

Family Dollar Stores Inc

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 24th Sep 2021

UK competition watchdog to crack down on green fashion claims

To help businesses understand how to communicate their green...

Pic: Shutterstock/​​Sorbis

Retail | On 24th Sep 2021

Revenues from Chinese apparel retail sales reach $132.44 bn in Jan-Aug

China's retail sales of consumer goods went up by 2.5 per cent year...

Pic: Kontoor Brands

Apparel/Garments | On 24th Sep 2021

US firm Kontoor Brands to finalise GHG emissions targets in 2022

Kontoor Brands, an American lifestyle apparel company, has announced...

Interviews View All

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Asif Rahman, MIP

Asif Rahman

MIP is a manufacturer and distributor of high-performance textiles and...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search