Family Dollar updates fiscal 2008 earnings guidance
06 Dec '07
2 min read
The National Retail Federation (NRF) monthly sales reporting calendar followed by the Company and widely used in the retail industry included a non-comparable fifth week in the January period of fiscal 2007. Consequently, the sum of monthly sales for fiscal 2007 reported in monthly sales releases will differ from the Company's reported sales for its fiscal 2007 quarterly periods.
December Sales Outlook: The Company currently anticipates that comparable store sales for the December period ending January 5, 2008, will be flat or decline slightly.