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In 1970, Family Dollar's stock went public for the first time, at $14.50 per share. [12] In 1971, the chain's 100th store opened, followed by their 200th in 1974 and their 300th in 1978. Also in 1974, a distribution center was opened in Matthews, North Carolina. In 1979, Family Dollar stock began trading at the New York Stock Exchange.
In contrast to Dollar General, Dollar Tree continued its share repurchase program in its latest quarter, spending $91 million to repurchase 750,000 shares at an average price of $120 per share.
Consequently, same-store sales rose in the second quarter (ended Aug. 3) by only 0.7% across the enterprise, rising 1.3% at Dollar Tree and falling 0.1% at Family Dollar. Also, its sales activity ...
Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies. [2]
As of November 2, Dollar Tree operated 16,590 stores across 48 states and five provinces in Canada under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada. Family Dollar generated ...
A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
In particular, Family Dollar's stock rose by more than 20% in 2008, as customers discovered the even-bigger bargains that Family Dollar and peers Dollar Tree (NAS: DLTR) and 99 Cents Only (NYS ...
Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger. Family Dollar is up ...