SOURCE: The Bedford Report

The Bedford Report

October 13, 2010 08:46 ET

Discount Retailers Seemingly Immune to Economic Turbulence

The Bedford Report Provides Analyst Research on Wal-Mart and Family Dollar Stores

NEW YORK, NY--(Marketwire - October 13, 2010) -  Discount variety stores have fared better than other retailers during the employment crisis. With unemployment rates remaining high and economic turbulence continuing, shoppers are still looking to save on purchases. Consumers are staying away from non-essential purchases but for the most part, stores offering dry goods and other essential items have been doing well. The Bedford Report examines the outlook for companies in the Discount, Variety Stores Industry and provides research reports on Wal-Mart Stores, Inc. (NYSE: WMT) and Family Dollar Stores, Inc. (NYSE: FDO). Access to the full company reports can be found at:

Family Dollar Stores has been reporting better than expected year-on-year gains in 2010. For its fiscal fourth quarter the variety store posted earnings of 56 cents a share up 30.2% from 43 cents earned in the prior-year quarter. In late September, the company announced that it expects growth from 8% to 10% in net sales and an increase of 13% to 20% in earnings per share in fiscal 2011.

The Bedford Report releases regular market updates on the Discount, Variety Stores Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at and get exclusive access to our numerous analyst reports and industry newsletters.

Surprisingly, Wal-Mart has not been able to share in the uptrend most discount variety stores have seen in recent months as the company continues to find the US markets challenging. In Wal-Mart's second quarter earnings call, the company stated that third-quarter comparable store sales in the U.S. would range from a 2 percent drop to a 1 percent gain.

Wal-Mart has already begun setting a game plan in motion for this year's holiday season. Wal-Mart has announced it plans to have 2,300 stores selling Apple's hugely popular iPad by mid-November.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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