Family Dollar 2003 Annual Report Download - page 4

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Celebrating the Opening of
Our 5,000th Store
On August 28, 2003, in Jacksonville, Florida,
Family Dollar opened the 5,000th store in
the chain. While we celebrate this milestone,
it’s not our final destination. Through
improvements in our stores’ standards and
“shopability,” upgrades in the quality of our
merchandise, and investments in our people
and supply chain, we are building the foun-
dation for continued profitable growth.
Family Dollar’s low overhead, self-service,
small store format draws an ever growing
base of value-conscious consumers looking
for great values on low cost, basic family
and home merchandise. Family Dollar is
taking the right steps to ensure we still have
a long way to grow!
1,428 1,547
1,715
1,995
2,362
2,751
3,133
3,665
4,163
4,750
’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03
Net Sales
(millions of dollars)
63* 58 61
75
103
140
172
190
217
247
’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03
Net Income
(millions of dollars)
rel Health and Beauty Aids Automotive Paper
nt Pets Home Cleaning Aids Laundry and Storage
Toys Seasonal Stationery and Greeting Cards
rel Health and Beauty Aids Automotive Paper
nt Pets Home Cleaning Aids Laundry and Storage
Toys Seasonal Stationery and Greeting Cards
*After cumulative effect of accounting change