Today, discount retailer, Family Dollar Inc. (NYSE:FDO), announced high 3Q earnings for the period ending May 31, bolstered by consumer seeking bargains amid a stressed economic atmosphere. Net income rose 7.1% to $64.67 million, or $0.46 per share, from $60.37 million, or $0.40 per share, in the year-ago period. Revenue increased to $1.7 billion from $1.65 billion a year ago. The company predicts 4Q of between $0.30 and $0.35, compared to last year's earnings of $0.26. FDO also expects 2008 fiscal year earnings of between $1.58 and $1.63 compared to $1.62 last year.

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html