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Family Dollar FY net income of 26.6%
MATTHEWS, N.C. - Family Dollar Stores reported that net income per diluted share for the year ended Aug. 28, increased 26.6% to $2.62 compared with $2.07 for the year ended August 29, 2009. Net income for the year increased 23% to $358.1 million compared with net income of $291.3 million in fiscal 2009.
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Holley named Walmart CFO
BENTONVILLE, Ark. - Veteran finance executive Charles Holley was named to replace Tom Schoewe as CFO of Wal-Mart Stores Inc., the company announced late Wednesday. Holley joined Walmart in 1994 and most recently served as EVP finance and treasurer. Schoewe joined Walmart in 2000 as CFO.
Walmart CEO Mike Duke called Holley a talented strategist who thoroughly understands the details of Walmart’s business and the financial markets.