Apollo Group, Family Dollar Rise
Jul 03, 1:32 AM EDT |
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| Apollo Group reported better than expected earnings and sales growth. Family Dollar net income rose 7% on 2% rise in sales. |
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| Apollo Group reported third quarter revenue rose 14% to $835 million and net income increased 5% to $139.1 million from a year ago. The University of Phoenix, an online educations services provider said instruction cost and services fell to 41.6% from 43.8% from a year ago. Separately general merchandise retailer, Family Dollar reported sales increase of 2.9% to $1.702 billion and net income increased 7% to $64.7 million. |
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