UPDATE 1-Family Dollar sees profit near upper end of range

* Q3 sales up 8.3 pct; same-store sales up 7 pct

* Sees Q3 EPS near top end of 71-76 cent range

NEW YORK, June 3 (BestGrowthStock) – Family Dollar Stores Inc
(FDO.N: ) reported a 7 percent increase in third-quarter
same-store sales on Thursday and said its earnings would come
in near the upper end of its forecast range.

Family Dollar said net sales for the quarter, ended May 30,
rose 8.4 percent to $2.00 billion, driven by strength in its
seasonal and grocery categories.

The retailer said it expects third-quarter earnings to be
near the upper end of its forecast range, which calls for
earnings of 71 to 76 cents per share. Analysts on average have
been expecting 77 cents per share, according to Thomson Reuters
I/B/E/S.

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(Reporting by Martinne Geller, editing by Gerald E.
McCormick)

UPDATE 1-Family Dollar sees profit near upper end of range