Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Deutsche Bank Keeps 'Buy' on Family Dollar

Deutsche Bank reiterates buy on Family Dollar Stores (FDO).

Analyst Michael Baker says the 33 cents first quarter earnings per share was a penny ahead of both his and the Street's estimates. The upside was driven by strong gross margin. As suspected, comparison sales for the month of December are progressing at the low end of management's 3%-5% plan, but Baker notes this could be viewed upon favorably by the market as some on Wall Street suspected that December comparison sales were at a below-plan level.

Baker says recent weakness to below-trend comparison sales creates a buying opportunity. He says Family Dollar remains his favorite idea. Baker reiterates his $34 target.

blog comments powered by Disqus