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INX:DG, Jul 16, 09:58 UTC

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Dollar General Continues to Expand, Throws Open 15000th Store

DG

Dollar General Corporation DG recently announced the opening of its 15000th store in Wilmington, NC. To celebrate this milestone, this Zacks Rank #3 (Hold) company offered the first 500 adult customers $10 gift cards and tote bags, which contain complimentary products. Notably, in fiscal 2015, 2016 and 2017 the company opened 730, 900 and 1,315 new stores (includes acquisition of 300 stores) and relocated or remodeled 881, 906 and 764 stores, respectively. Moreover, Dollar General is focusing on smaller format stores as these require less capital expenditure and will help to cope with space constraint.

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  • Financial

Saturday, July 14


News

Dollar General Celebrates 15,000th Store Grand Opening

DG

Dollar General (DG) kicked off the grand opening of its 15,000th store in Wilmington, North Carolina, by hosting a community celebration and donating $15,000 to five local schools to support literacy and education initiatives. “Since our humble beginnings in Scottsville, Kentucky, almost 80 years ago, we have become one of the fastest growing retailers in the U.S., created tens of thousands of jobs and grown into a trusted partner for countless communities in 44 states, including 800 store locations in North Carolina. As we have grown, we have remained committed to our mission of Serving Others by delivering value and convenience to our customers in each of the communities we serve. Dollar General also presented the first 500 adult customers with $10 gift cards and tote bags containing a variety of complimentary products. In addition to high quality private brands, all of which carry a 100% satisfaction guarantee, Dollar General sells products from America's most-trusted brands such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. For additional information, photographs or items to supplement a story, please visit the DG Newsroom, contact the Media Relations Department at 1-877-944-DGPR (3477) or via email at dgpr@dg.com.

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Monday, July 09


News

Why Dollar General Stock Gained 13% in June

DG

Demitrios Kalogeropoulos, The Motley FoolMotley FoolJuly 9, 2018, 1:39 PM GMT. What happened. Discount retailer Dollar General (NYSE: DG) outpaced the market last month by gaining 13% compared to a less-than-1% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The rally lifted shares into modestly positive territory for 2018, and the stock is up significantly against the broader market in the trailing five-year and 10-year periods. So what. That announcement showed a 9% sales increase, driven by a rising store base and 2% higher sales at existing locations.

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News

Sturdy Comps to Fuel Dollar General (DG), SG&A Costs a Woe

DG

Sturdy Comps to Fuel Dollar General (DG), SG&A Costs a Woe. Dollar General Corporation’s DG solid prospects, brand recognition and earnings outlook bode well for the stock. These along with a compelling store growth story at convenient locations and focus on consumable products provide the company an edge over competitors.Increased focus on the consumables category, a significant contributor to sales, is likely to help drive traffic and comparable-store sales improvement by endorsing itself as a one-stop shopping destination for necessary items. During the first quarter, Dollar General’s SG&A expenses, as a percentage of sales, rose 60 basis points to 22.4%, which also impacted operating margin.We note that shares of this Zacks Rank #3 (Hold) company have surged 42% in a year, almost in line with the industry.3 Picks You Can’t MissUrban Outfitters URBN delivered an average positive earnings surprise of 19.8% in the trailing four quarters.

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Friday, July 06


Social Chatter

Dollar General Corp (INX:DG) social chatter is higher than usual

DG
The job numbers are a mirage. $1.9 trillion is being added to the national debt with ZERO wage increase. Fun fact:… https://t.co/XtqmdYff9U

Monday, July 02


News

Why Is Dollar General (DG) Up 13.3% Since Its Last Earnings Report?

DG

Will the recent positive trend continue leading up to its next earnings release, or is DG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Dollar General Q1 Earnings & Revenues Miss EstimatesDollar General posted lower-than-expected first-quarter results. Home products sales rose 6.4% to $354.6 million, while Apparel category sales fell 0.6% to $296.4 million.Gross profit advanced 9.6% to $1,862.2 million, while gross margin expanded 17 basis points (bps) to 30.5%, owing to increased initial inventory markups, partly offset by sales from consumables that carry lower margin and higher transportation costs. Although operating income rose 3.5% to $490.2 million, operating margin contracted 43 bps to 8%.Store UpdateDuring the quarter, Dollar General opened 241 new stores, remodeled 322 stores and relocated 31 stores.

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Tuesday, June 26


News

Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar General — Future Expectations, Projections Moving into 2018

DG DRI +2 more DG DRI APA ETR

Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar General — Future Expectations, Projections Moving into 2018. The new research reports from Fundamental Markets, available for free download at the links above, examine Darden Restaurants, Inc. (DRI), Entergy Corporation (ETR), Apache Corporation (APA), Lumentum Holdings Inc. (LITE), Phillips 66 (PSX), and Dollar General Corporation (DG) on a fundamental level and outlines the overall demand for their products and services in addition to an in-depth review of the business strategy, management discussion, and overall direction going forward. Please download the entire research report, free of charge, to ensure you are reading all relevant material information. Phillips 66's Recent Financial Performance. For the three months ended March 31st, 2018 vs March 31st, 2017, Phillips 66 reported revenue of $23,595.00MM vs $22,894.00MM (up 3.06%) and basic earnings per share $1.07 vs $1.02 (up 4.90%). For the twelve months ended December 31st, 2017 vs December 31st, 2016, Phillips 66 reported revenue of $102,354.00MM vs $84,279.00MM (up 21.45%) and basic earnings per share $9.90 vs $2.94 (up 236.73%).

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Friday, June 22


News

Dollar General shares rise after upgrade on revenue growth potential

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Dollar General Corp. (dg) shares rose 1.3% in Friday premarket trading after it was upgraded to strong buy from outperform at Raymond James, where analysts cited the company's 8% to 9% annual revenue growth potential. Analysts led by Dan Wewer said revenue growth rates for large consumer packaged good companies are typically 2% to 3%. In addition, Dollar General is set to add 900 new location in 2019, announcing Thursday that it will add 7,000 jobs.

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Thursday, June 21


News

Dollar General testing mobile checkout app in 10 stores

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Dollar General is piloting a scan-and-go shopping app, called DG GO!, in 10 Tennessee stores in the Nashville area, CEO Todd Vasos said during a first quarter earnings conference call, as transcribed by Seeking Alpha. Like other mobile checkout apps, Dollar General’s allows shoppers to scan items with their phones as they shop, view a running total of their baskets, and then use the self checkout to bypass the line, according to the app listing on the Google Play store. Dollar General, which has evolved beyond a strictly $1 product mix to more variety and somewhat higher discounted prices, is the latest to test mobile checkout and is thought to be the first among extreme discounters to do so. Walmart said in January that it would expand its Mobile Express Scan & Go program to 100 stores for a total of 125. But in May, citing customer reluctance to use the program, Walmart dropped the program but recently announced it would deploy the technology in a new Sam’s Club store in Dallas that will feature other high-tech capabilities.

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Social Chatter

Dollar General Corp (INX:DG) social chatter is higher than usual

DG
Dollar General creating 7,000 jobs to execute growth plan https://t.co/sGIPdM2YlL