| Business Summary | | Family
Dollar
Stores,
Inc.
operates
a
chain
of
self-service
retail
discount
stores.
As
of
February
3,
2001,
the
Company
operated
3,875
stores.
The
Company's
stores
are
operated
on
a
self-service,
cash-and-carry
basis,
and
low
overhead
permits
the
sale
of
merchandise
at
a
relatively
moderate
markup.
The
stores
offer
a
variety
of
hardlines
and
softlines
merchandise.
Hardlines
merchandise
includes
primarily
household
chemical
and
paper
products,
health
and
beauty
aids,
candy,
snack
and
other
food,
electronics,
housewares
and
giftware,
toys,
school
supplies,
hardware
and
automotive
supplies.
Softlines
merchandise
includes
men's,
women's,
boys',
girls'
and
infants'
clothing,
shoes
and
domestic
items
such
as
blankets,
sheets
and
towels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Family
Dollar
Stores,
Inc.
operates
a
chain
of
self-service
retail
discount
stores
in
39
states
and
the
District
of
Columbia.
As
of
3/01,
the
Company
operated
3,920
stores.
For
the
nine
months
ended
6/2/01,
net
sales
rose
17%
to
$2.74
billion.
Net
income
rose
10%
to
$155.4
million.
Revenues
reflect
a
3.4%
increase
in
same
store
sales
and
the
net
addition
of
340
new
stores.
Earnings
were
partially
offset
by
costs
related
to
new
store
openings. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Leon Levine, 63 Chairman | $1.5M | -- | Howard Levine, 41 Pres,
CEO, Director | 775K | -- | R. James Kelly, 53 Vice
Chairman | 669K | -- | R. David Alexander, Jr., 43 COO,
Exec. VP, Director | 337K | $348K | George Mahoney, Jr., 58 Exec.
VP, Gen. Counsel, Sec. | 376K | 1.1M | Dollar
amounts are as of 26-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|