Jefferies (NYSE:JEF) Thinks Family Dollar (NYSE:FDO) Will Struggle to Meet Comp Store Guidance

Jefferies (NYSE:JEF) said they believe Family Dollar Stores Inc. (NYSE:FDO) will struggle to meet their comp store sales guidance in the second half of the year.

Jefferies said, "with aggressive share repurchases, we remain concerned about the company's ability to hit its 5%-7% comp store sales guidance in the back half of the year as comparisons get more challenging and as macro conditions continue to get less favorable."

While guidance is achievable for Family Dollar Stores, in the view of Jefferies, their modest growth per square foot within each store will make it difficult when including other factors.

Jefferies maintains their "Hold" rating on Family Dollar, which closed Monday at $50.28, up $0.57, or 1.15 percent. Jefferies increased their price target on them to $44.