Family Dollar Analyst Day Preview

Family Dollar

recently entered its new fiscal year and the company announced new strategic initiatives that include capital allocation plans, and financial targets for the coming year when it reported F4Q10 results on 9/29/10. FDO is holding a meeting with the investment community in New York City this Wednesday, 10/6. At the conference, management will discuss various business initiatives and expectations for fiscal 2011. FDO plans to reaccelerate new store growth and to launch an aggressive store renovation program in fiscal 2011. FDO's Board of Directors authorized a new $750 million share buyback program that it plans to execute over the next 12 months. Family Dollar closed Monday at $44.37