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Dollar General Corporation Add to portfolio

INX:DG, Dec 09, 08:32 UTC

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Friday, December 06


News

Bulls Praise Dollar General's Q3 Earnings

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Dollar General Corp. (NYSE: DG) reported Thursday third-quarter results which were well interpreted by two analysts. KeyBanc Capital Markets analyst Bradley Thomas maintains an Overweight rating on Dollar General with a $180 price target. Dollar General reported an EPS beat of $1.42 in the quarter due to stronger than expected sales and a lower than expected tax rate, Thomas wrote in a note. Looking forward Dollar General's "wealth of initiatives," including a focus on DG Fresh, DG Go!, and Fast Track represent catalysts that can spur growth or emphasize the retailer's defensiveness nature.

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News

Dollar General Takes a Page From Dollar Tree's Book

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I'm Mac Greer and I am joined in studio by Motley Fool analysts Emily Flippen and Ron Gross. How are we doing this Thursday? We're going to talk some Five Below and Dollar General. But we begin with United Airlines. He took over a lot of the operational expertise. And while the unfortunate incident with the doctor being dragged off the United plane was not a good look for anybody in that situation, I will say that United seems to have made some changes to the culture, made some changes to the way that they treat their customers, the way they treat their employees, that seems to have improved that experience over time. It's an interesting question. But in the last quarter, Slack said there are more than 50 customers now spending more than $1 million a year for their platform, which I think says a lot about one thing, which is the inefficiency of businesses. If there's something a business can pay for that they don't need to pay for, they'll probably pay for it.

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Thursday, December 05


News

Dollar General Books Vigorous Sales and Accelerates Planned Store Growth

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Dollar General Books Vigorous Sales and Accelerates Planned Store Growth | NASDAQ. Dollar General controlled overhead expenses during the quarter, as selling, general, and administrative expense (SG&A) declined 13 basis points as a percentage of sales, to 22.5%. The quarter was highlighted by our best customer traffic and same-store sales increases in nearly five years, as well as double-digit growth in both operating profit and diluted EPS. Dollar General is on track to complete 2,075 real estate projects in the current fiscal year, including 975 new units, 1,000 remodels of aging stores, and 100 store relocations. For fiscal 2020, management has outlined a more ambitious schedule and aims to complete 2,580 real estate projects, comprising 1,000 new stores, 1,500 renovations, and 80 store relocations.

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nasdaq.com fool.com
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News

Dollar General lifts profit forecast, tops third-quarter expectations on sales

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Dollar General lifts profit forecast, tops third-quarter expectations on sales. (Reuters) - Discount store operator Dollar General Corp <DG.N> raised its full-year profit forecast on Thursday after reporting its best quarterly same-store sales rise in nearly five years, benefiting from a wider selection of products and revamped stores. Shares of the company rose about 5% in premarket trading as the retailer raised its adjusted profit for fiscal 2019 to the range of $6.55 to $6.65 per share from $6.45 to $6.60. The upbeat forecast comes in contrast to rival Dollar Tree Inc <DLTR.O>, which cut its full-year profit forecast last month, as the discount retailer fell short in its efforts to counter the impact of latest U.S. tariffs on Chinese imports.

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Tuesday, December 03


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Dollar General Q3 Earnings on Deck: Can DG Stock Reach New Highs?

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Dollar General Q3 Earnings on Deck: Can DG Stock Reach New Highs? Dollar General DG is set to report its third quarter earnings before the market opens on Thursday, December 5. DG stock currently trades around 8% below its 52-week high of $166.98 per share and a strong quarterly report could potentially send it soaring to new highs. However, some investors are worried that Dollar General might suffer the same fate as rival discount retailer, Dollar Tree DLTR, which failed to impress Wall Street recently. Click to get this free report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report Dollar General Corporation (DG) : Free Stock Analysis Report Ross Stores, Inc. (ROST) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report Target Corporation (TGT) : Free Stock Analysis Report To read this article on Zacks.com click here.

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News

Dollar General Should Avoid Dollar Tree's Fate in Q3

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Dollar General Should Avoid Dollar Tree's Fate in Q3 | NASDAQ. When Dollar General(NYSE: DG) reports third-quarter earnings this week, it's not likely to get the same drubbing suffered by rival Dollar Tree(NASDAQ: DLTR), which missed analyst expectations even though its turnaround efforts at Family Dollar continue to show gains. Dollar General doesn't have the drag of trying to right a listing ship, as its own business has been operating at peak levels. Dollar General expects to be shipping from four distribution centers to 5,000 stores by the end of the year, and it's looking for the investment to be accretive to earnings beginning in early 2020. Through Fast Track, Dollar General is streamlining the process of getting goods onto store shelves, reducing the amount of out-of-stock items it has by optimizing how trucks are loaded at warehouses and unloaded at store locations, as well as having shelf-ready packaging. If employees aren't wasting time deciding where product needs to go and then having to unbox it, shelves can be filled quicker.

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Monday, December 02


News

Buy Dollar General (DG) Stock Ahead of Earnings Amid Retail Strength?

DG WMT +1 more DG WMT AMZN

Buy Dollar General (DG) Stock Ahead of Earnings Amid Retail Strength? Dollar General DG shares have surged 45% in 2019, and retail titans from Target TGT to Walmart WMT have already posted strong Q3 results. So, let’s take a look at what’s going on with Dollar General and what to expect from its upcoming third-quarter earnings report to see if investors should consider buying the discount retailer’s stock. Overall, Q3 U.S. GDP growth was recently revised up and U.S. unemployment rests near its 50-year lows. And holiday season retail sales are projected to climb between 3.8% and 4.2%, which would mark strong improvement from last year’s 2.1% growth, according to the National Retail Federation. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Nordstrom, Inc. (JWN) : Free Stock Analysis Report Best Buy Co., Inc. (BBY) : Free Stock Analysis Report Dollar General Corporation (DG) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report The TJX Companies, Inc. (TJX) : Free Stock Analysis Report Ross Stores, Inc. (ROST) : Free Stock Analysis Report Target Corporation (TGT) : Free Stock Analysis Report Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report Macy's, Inc. (M) : Free Stock Analysis Report To read this article on Zacks.com click here.

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News

Dollar General's (DG) Q3 Earnings Likely to Rise: Here's Why

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Dollar General Corporation DG is scheduled to report third-quarter fiscal 2019 results on Dec 5. Additionally, the expansion of cooler facilities has been aiding the sale of perishable items.Management’s two transformational strategic initiatives, DG Fresh, designed to enable self-distribution of fresh and frozen products, and Fast Track, an in-store labor productivity and customer convenience initiative have been aiding the results. As part of its non-consumable initiative, the company has been focusing on categories namely home, domestics, housewares, party and occasion.Backed by the aforementioned tailwinds, Dollar General boasts an impressive same-store sales trend. Dollar General Corporation price-consensus-eps-surprise-chart | Dollar General Corporation Quote. What the Zacks Model UnveilsOur proven model predicts an earnings beat for Dollar General this time around. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Dollar General has a Zacks Rank #2 and an Earnings ESP of +1.23%.3 More Stocks With Favorable CombinationHere are three more companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:G-III Apparel Group GIII has an Earnings ESP of +0.94% and a Zacks Rank #3.

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Thursday, November 28


News

Dollar General Corporation (DG): Hedge Funds Are Snapping Up Again

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That's why we believe it isn't a waste of time to check out hedge fund sentiment before you invest in a stock like Dollar General Corporation (NYSE:DG). In the eyes of most stock holders, hedge funds are viewed as slow, old investment vehicles of years past. While there are more than 8000 funds trading at the moment, We look at the top tier of this group, approximately 750 funds. Unlike the largest US hedge funds that are convinced Dow will soar past 40,000 or the world's most bearish hedge fund that's more convinced than ever that a crash is coming, our long-short investment strategy doesn't rely on bull or bear markets to deliver double digit returns. Unfortunately DG wasn't nearly as popular as these 20 stocks and hedge funds that were betting on DG were disappointed as the stock returned 0.7% during the fourth quarter (through 11/22) and underperformed the market. If you are interested in investing in large cap stocks with huge upside potential, you should check out the top 20 most popular stocks among hedge funds as many of these stocks already outperformed the market so far this year.

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Tuesday, November 26


News

Dollar General (DG) Upgraded to Buy: What Does It Mean for the Stock?

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Dollar General (DG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

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