Citi Reports FDO EPS Estimates

Citi has reported their estimates for Family Dollar Stores' FDO F2Q11. According to the report, "We believe FDO will report above-consensus F2Q11 results when it reports earnings next Wednesday (3/30/11), driven by strong SSS and operating margin improvement. We have a favorable outlook on the dollar store sector and believe FDO is well-positioned to drive topline growth in F2011 and beyond." FDO has a Buy Rating and a $60.00 Price Target. FDO closed at $51.77 a share yesterday.