By Mecklenburg Times staff reports
Published: January 26,2011
Matthews-based Family Dollar Stores said today that is has priced $300 million of senior unsecured notes due in 2021 with a 5 percent coupon. The offering marks the first time the company has accessed public debt markets, the company said. FDS plans to use the net proceeds of the offering toward funding its $750 million share-repurchase program [...]
By Mecklenburg Times staff reports
Published: January 25,2011
Matthews-based Family Dollar Stores said it is recalling remote-controlled toy tanks that can overheat and melt, posing a burn hazard. There are about 67,000 of the Authentic Heroes Target Practice Tank play sets. The company said it has received five reports of the toys melting, but no injuries have been reported. The toys, which were made in China, [...]
By Mecklenburg Times staff reports
Published: January 5,2011
Family Dollar Stores said Wednesday it had net income of $74.3 million, or 58 cents per diluted share, in the first quarter of fiscal 2011, an increase of 9.9 percent from net income of $67.6 million, or 49 cents per diluted share, for the first quarter of fiscal 2010. The Matthews-based company’s first quarter for fiscal 2011 ended [...]
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