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FAMILY DOLLAR REPORTS SALES FOR THE MONTH OF JANUARY 1993

 MATTHEWS, N.C., Feb. 4 /PRNewswire/ -- Family Dollar Stores, Inc. (NYSE: FDO), a discount store chain operating 1,921 stores in 31 states, reported sales for the month of January 1993 of approximately $76.7 million, or approximately 2 percent above sales of $75.3 million for the month of January 1992. Sales in comparable stores for the month of January 1993 decreased approximately 5 percent from comparable store sales for the month of January 1992.
 For the two months ended January 31, 1993, sales were approximately $269.5 million, or approximately 17 percent above sales of $229.9 million for the first two months of the prior second quarter. Sales in comparable stores for the two months ended January 31, 1993, increased approximately 8.5 percent above comparable store sales for the first two months of the prior second quarter. Such sales are on the Company's sales plan for the two months ended January 31, 1993. The Company had an aggressive plan in December 1992 when total sales increased 24.5 percent and sales in comparable stores increased 15.5 percent. No increase in sales in comparable stores was planned in January 1993 in view of the difficult sales comparison with January 1992 when comparable store sales increased 17 percent. The difficult comparison will continue in February 1993 as sales in comparable stores in February 1992, including an extra Saturday in that leap year month, increased 30 percent.
 For the five months ended January 31, 1993, sales were approximately $574.1 million, or approximately 16 percent above sales of $493.8 million for the first five months of the prior fiscal year. Sales in comparable stores for the five months ended January 31, 1993, increased approximately 8 percent above comparable store sales for the first five months of the prior fiscal year.
 -0- 2/4/93
 /CONTACT: George R. Mahoney, Jr., Executive Vice President, Family Dollar Stores, Inc., 704-847-6961/
 (FDO)


CO: Family Dollar Stores, Inc. ST: North Carolina IN: REA SU:

SB -- CH002 -- 2814 02/04/93 09:24 EST
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Publication:PR Newswire
Date:Feb 4, 1993
Words:341
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