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Dollar General Corporation Add to portfolio

INX:DG, Jun 06, 07:10 UTC

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Thursday, May 28


News

Dollar General (DG) Q1 Earnings and Revenues Surpass Estimates

DG

Over the last four quarters, the company has surpassed consensus EPS estimates four times. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Dollar General was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future.

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Topics:
  • Business
  • Financial

Friday, May 15


News

It's not just Amazon: Why the pandemic will make Aldi and Dollar General more dominant

DG

It's not just Amazon: Why the pandemic will make Aldi and Dollar General more dominant. Sales at discount stores are already proving to be a bright spot. For the week ending on May 10, sales in the category, which includes names like Dollar General and Dollar Tree as well as clothing chains like Marshalls, increased 53% compared with the year prior, according to Facteus, a firm that analyzes daily card transactions. Dollar General and Aldi have also increased the numbers of stores they have in the United States in recent years, and analysts say their close proximity to customers and small-size stores make them desirable to shoppers seeking convenient options. Scot Cicarrelli, analyst at RBC Capital Markets, said in an April research note that around 75% of Dollar General stores are located in towns with 20,000 people or less, a strategy that makes Dollar General "often the convenience store, grocer and big box retailer for the surrounding population."

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Topics:
  • Business
  • Financial

Thursday, May 07


News

Dollar General Corporation Announces Webcast of its First Quarter 2020 Earnings Conference Call

DG

Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2020 first quarter on May 28, 2020. In connection with the release, Todd Vasos, chief executive officer, Jeff Owen, chief operating officer, and John Garratt, chief financial officer, will host a conference call on May 28, 2020, at 9:00 a.m. CT/10:00 a.m. A replay of the conference call will be available through June 25, 2020, and will be accessible via webcast replay or by calling (877) 660-6853. In addition to high-quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo.

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Topics:
  • Business
  • Financial

Thursday, April 30


News

Dollar General Announces Additional $25 Million Investment in Employee Appreciation Bonuses

DG

"We understand the work our teams are doing every day makes a real difference in the lives of our neighbors and communities who depend on us to provide a reliable, affordable and nearby shopping experience. Our employees continue to demonstrate the strength of our mission of Serving Others and remain united every day to serve our customers." In each of Dollar General’s traditional distribution centers and cold storage facilities, enhanced cleaning protocols and social distancing measures are in place, including traffic flow patterns and additional measures in common areas such as restrooms, locker rooms and break rooms. Additionally, Dollar General continues to remind employees on a regular basis of the steps to help avoid or contain the spread of the COVID-19 virus, as well as steps they should take if they experience symptoms or have direct contact with someone who tested positive for the virus. With approximately 55 million American school children currently home during the day, the Dollar General Literacy Foundation is making a $2 million contribution to support Save the Children’s coronavirus response efforts across rural America to help ensure children continue to learn and have access to nutritious food during nationwide school closures.

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Topics:
  • Business
  • Health
  • Financial

Tuesday, April 07


News

Stock Market Wrap-Up: Carnival Keeps Climbing; Dollar General Touches New High

DG

Stock Market Wrap-Up: Carnival Keeps Climbing; Dollar General Touches New High | NASDAQ. The stock market started out on Tuesday with further gains, building on Monday's big advance. But by the end of the day, the Dow Jones Industrial Average (DJINDICES: ^DJI) found itself struggling to hold onto any gains at all, and eventually, the Dow, S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) all lost ground. That opens the door to even further dilution beyond what recent stock offerings have wrought, making it that much tougher for Carnival to get back to its past highs. Even if the cruise-ship operator gets back to business soon, further gains for shareholders could be hard to come by. Investors who remember the financial crisis in 2008 and 2009 know how well discount retailers did during the Great Recession. If we're in for a repeat of those tough economic times, then Dollar General will likely continue to outperform.

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Story Sources

nasdaq.com fool.com
Topics:
  • Business
  • Financial

Wednesday, April 01


News

Dollar General Corporation Announces Pricing of $1.5 Billion of Senior Notes

DG

Dollar General Corporation (NYSE:DG) ("Dollar General" or the "Company") today announced the pricing of an offering (the "Offering") of $1.0 billion of its 3.500% Senior Notes due 2030 (the "2030 Notes") and $500.0 million of its 4.125% Senior Notes due 2050 (the "2050 Notes" and, together with the 2030 Notes, the "Notes"). BBVA Securities, Inc., BB&T Capital Markets, a division of BB&T Securities LLC, Fifth Third Securities, Inc., PNC Capital Markets LLC, Regions Securities LLC, BNP Paribas Securities Corp., KeyBanc Capital Markets Inc. and Capital One, N.A. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. In addition to high-quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo.

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Topics:
  • Business
  • Financial

Friday, March 20


News

Dollar General Closing Early, Hiring Workers to Meet Coronavirus Demand

DG

Dollar General Closing Early, Hiring Workers to Meet Coronavirus Demand | NASDAQ. Dollar General (NYSE: DG) has been on the front lines of keeping Americans supplied during the coronavirus pandemic. It's also well positioned to help a lot of people, since, "approximately 75% of the American population [lives] within five miles of a Dollar General," according to a letter from CEO Todd Vasos. These aren't major moves, but they're important ones for the chain to be able to keep serving its customers. For some people, Dollar General will be a lifeline because of many of its stores being located in areas that are underserved by traditional supermarket and grocery chains.

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Story Sources

nasdaq.com fool.com
Topics:
  • Business
  • Health
  • Financial

Tuesday, March 17


News

Dollar General Corporation Appoints Debra A. Sandler to Board of Directors; Increases Board Size From Eight to Nine Directors

DG

"We are confident that Debra’s numerous leadership roles and extensive experience will provide considerable insights and contributions to support Dollar General." Sandler’s addition to the Company’s Board of Directors will increase the total number of directors from eight to nine, increase its female board representation to one-third and bring its blended gender and racial diversity rate to 44 percent. Sandler currently serves as President and Chief Executive Officer of La Grenade Group, LLC, a marketing consultancy that serves packaged goods to companies operating in the health and wellness space, a role she has held since September 2015. Since April 2018, Sandler has also served as Chief Executive Officer of Mavis Foods, LLC, a startup she founded that makes and sells Caribbean sauces and marinades. Sandler has also served on the boards of Gannett Co., Inc. since June 2015 and Archer Daniels Midland Company since May 2016. For additional information, photographs or items to supplement a story, please visit the Dollar General Newsroom or contact the Media Relations Department at 1-877-944-DGPR (3477) or via email at dgpr@dg.com.

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Topics:
  • Business
  • Financial

Monday, March 16


News

Dollar General Says First Hour Of Operations Dedicated To Senior Customers

DG

Dollar General Says First Hour Of Operations Dedicated To Senior Customers | NASDAQ. (RTTNews) - Dollar General Corp. (DG) said it plans to dedicate the first hour of each shopping day to senior shoppers, as well as amend store operating hours beginning tomorrow, March 17, 2020. The company is encouraging that the first hour of operations each day be dedicated solely for the shopping needs of senior customers, who are one of the groups most vulnerable to the COVID-19 or coronavirus. In keeping with the Company's mission of Serving Others, Dollar General wants to provide these at-risk customers with the ability to purchase the items they need and want at the beginning of each day to avoid busier and more crowded shopping periods.

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Topics:
  • Business
  • Financial
  • Science
News

Dollar General Announces 1st Hour Of Operations To Be Dedicated To Senior Customers - Chattanoogan.com

DG

Dollar General Corporation (NYSE: DG) announced plans to dedicate the first hour of each shopping day to senior shoppers, as well as amend store operating hours beginning tomorrow, March 17, 2020. In keeping with the company’s mission of Serving Others, Dollar General wants to provide these at-risk customers with the ability to purchase the items they need and want at the beginning of each day to avoid busier and more crowded shopping periods. Additionally, all stores plan to close one hour earlier than current close times to allow employees to clean and re-stock store shelves, as well as for their health and wellbeing. Dollar General remains committed to providing customers and employees with a safe, clean and pleasant shopping environment at all stores and seeks for customers to feel confident when shopping its stores.

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Topics:
  • Business
  • Financial
  • Science