SAN FRANCISCO, Feb 10 – Family Dollar Stores Inc (FDO.N) said on Wednesday that it expects to roll out expanded hours to substantially all of its 6,600 stores by the end of the month, a move the company says will help boost earnings.
The retailer’s chief financial officer, Kenneth Smith, made the comment at a Deutsche Bank conference, which was broadcast over the Internet.
When Family Dollar reported quarterly results in January, it said it had tested expanded hours in 15 percent of its stores. Based on the response from customers, Family Dollar, which sells most of its merchandise for $10 and below, said it would roll out longer hours across the chain.
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