SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 13, 1998
FAMILY DOLLAR STORES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-6807 56-0942963
(State or other juris- (Commission File (I.R.S. Employer
diction of incorpora- Number) Identification No.)
tion)
P. O. Box 1017, 10401 Old Monroe Road
Charlotte, North Carolina 28201-1017
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 704-847-6961
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits filed herewith:
(99) Press release dated July 9, 1998, regarding change
in fiscal year.
Item 8. CHANGE IN FISCAL YEAR
The Executive Committee of the Board of Directors of Family Dollar
Stores, Inc. (the "Company") ratified and approved on July 13, 1998, a
change in the Company's fiscal reporting calendar to a more commonly
used "Retail" calendar. The Company's fiscal year 1998 will now end on
August 29, 1998, and the fourth quarter and fiscal year 1998 will have
two less days than it otherwise would have. No transition report is
required to be filed. The report on Form 10-K for the fiscal year
ending on August 29, 1998, will be the first form to be reported using
the new fiscal year-end.
The Company's future fiscal years will now generally end on the
Saturday closest to August 31, but may deviate from this convention
during certain years by one week in order to coincide with the standard
"Retail" calendar. Previously, the Company's fiscal year consisted of
12 calendar months ending August 31.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
FAMILY DOLLAR STORES, INC.
(Registrant)
Date: July 13, 1998 /s/ C. MARTIN SOWERS
C. MARTIN SOWERS
Senior Vice President
EXHIBIT 99
CONTACT:
George R. Mahoney, Jr.
Executive Vice President
(704) 814-3252
http://www.familydollar.com
For Immediate Release
FAMILY DOLLAR REPORTS SALES
FOR THE MONTH OF JUNE 1998
MATTHEWS, NC, July 9, 1998 - Family Dollar Stores, Inc. (NYSE
symbol FDO), a discount store chain operating 2,982 stores
in 38 states, reported sales for the month of June 1998 of
approximately $194.5 million, or 20.1% above sales of $161.9
million for the month of June 1997. Sales in comparable stores
for the month of June 1998 increased approximately 11.0% above
comparable store sales for the month of June 1997.
For the ten months ended June 30, 1998, sales were
approximately $1,958.9 million, or 19.1% above sales of $1,645.4
million for the first ten months of the prior fiscal year. Sales
in comparable stores for the ten months ended June 30, 1998,
increased approximately 9.6% above comparable store sales for
the first ten months of the prior fiscal year.
The Company also announced a change in its fiscal
reporting calendar to a more commonly used "Retail" calendar.
The Company's fiscal year 1998 will now end on August 29, 1998,
and the fourth quarter and fiscal year 1998 will have two less
days than it otherwise would have. Previously, the Company's
fiscal year consisted of 12 calendar months ending August 31.
7/9/98