Deutsche Bank: Street Up to Speed on Family Dollar Stores

In a research report published today by Deutsche Bank, the Street is up to speed on several factors surrounding Family Dollar Stores

. According to Deutsche Bank, these include, “(1) heavy inventory levels, (2) a slower comp pace vs. peers, (3) arguably aggressive FY12 EPS guidance, & (4) a string of very low quality EPS prints recently. While we would normally prefer this set-up on the long-side, these issues suggest downside EPS exposure - one of the few retailers we cover where such risk exists. All told, we're comfortably sidelined into the print next week (3/28) - preferring both DG and DLTR in the dollar store arena.” Deutsche Bank maintains its Hold rating and $57 PT on Family Dollar Stores, which closed yesterday at $56.41.