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Dollar General Corp Add to portfolio

INX:DG, Mar 26, 11:19 UTC

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Friday, March 22


News

Is It Finally Time to Buy Dollar General Stock?

DG

Shares of Dollar General (NYSE: DG) recently dipped after it posted a mixed fourth quarter. Reported earnings per share fell 30% to $1.84 and missed estimates by a nickel. But excluding some big tax benefits from the prior-year quarter, its EPS went up 24% annually. Dollar General expects its same-store sales to jump 2.5% in fiscal 2020, its revenue to grow 7% to $27.4 billion, and for its EPS to climb 7% at the midpoint to $6.30-$6.50. Dollar General struggled with peaking store traffic throughout most of fiscal 2018, but it offset that weakness with bigger average transactions per customer. However, customer traffic and average transactions both rose during the fourth quarter, thanks to the early release of government SNAP assistance (formerly known as the Food Stamp program) for low-income households.

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Thursday, March 21


News

Dollar General's Better Pricing, Solid Comps to Lift Sales

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Dollar General's Better Pricing, Solid Comps to Lift Sales. Dollar General Corporation DG is committed toward ramping up investments in the wake of rising competition from the likes of Dollar Tree DLTR, Costco COST and Ross Stores ROST. Management now anticipates fiscal 2019 net sales to increase about 7% with same-store sales growth of approximately 2.5%.Moreover, in order to increase traffic, Dollar General is focusing on both consumables and non-consumables categories. Click to get this free report Ross Stores, Inc. (ROST) : Free Stock Analysis Report Dollar General Corporation (DG) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report To read this article on Zacks.com click here.

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News

Dollar General Betting on Better Technology

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Daniel B. Kline, The Motley FoolMotley FoolMarch 21, 2019, 12:20 PM GMT. When you think about Dollar General (NYSE: DG), you may focus on value, some of its off-beat generic brands, or perhaps the mild disarray that's common in its lightly staffed stores. You generally don't think of the company as being on the cutting edge of digital technology. However, the discount chain has been working to change that. App, which allows customers to scan items on their phones while they shop, gives them a running total of their purchases, and allows them to checkout using an in-store DG GO! "The app has been popular with our customers and through the end of fiscal 2018, we had more than 140,000 downloads and exited the year with approximately 25,000 monthly active users, despite only having DG GO! kiosks in approximately 250 stores," said CEO Todd Vasos during the chain's fourth-quarter earnings call.

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Wednesday, March 20


News

The Zacks Analyst Blog Highlights: Home Depot, Oracle, Union Pacific, Dollar General and Host Hotels

DG HST +3 more DG HST HD UNP ORCL

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Home Depot HD, Oracle ORCL, Union Pacific UNP, Dollar General DG and Host Hotels HST. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. The Zacks analyst thinks the Pro segment benefits from efforts to enhance service capabilities, including the new B2B website for the Pros.

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News

Bank of New York Mellon Corp Boosts Position in Dollar General Corp. (DG)

DG BK

Bank of New York Mellon Corp boosted its stake in Dollar General Corp. (NYSE:DG) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). We Are One Seven LLC purchased a new position in shares of Dollar General during the fourth quarter valued at approximately $35,000. The stock has a market capitalization of $29.94 billion, a P/E ratio of 19.64, a PEG ratio of 1.41 and a beta of 0.71. Citigroup lowered their price target on shares of Dollar General from $133.00 to $120.00 and set a “buy” rating for the company in a report on Monday, December 10th.

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Tuesday, March 19


News

Why Dollar General Sank After a Strong Q4 Report

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Dollar General (NYSE: DG) delivered its fourth-quarter results last Thursday, and there appeared to be plenty for investors to smile about. Comp sales were up by 4% -- a higher result than expected -- and the company is raising its dividend. But Wall Street sent the stock down sharply. In this segment from MarketFoolery, host Chris Hill and Motley Fool Asset Management's Bill Barker discuss why Dollar General's share price might have been too lofty, the impact of somewhat soft guidance, whether its stock buybacks are a good idea or not, and its overall capital deployment strategy. I don't know, I haven't looked into their buyback history enough to know if they're smart when it comes to timing the buybacks. But I do know that they've spent money remodeling their stores, doing things to improve throughput, shortening up the lines at payment counters, that sort of thing.

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News

In front of vocal crowd, commissioners approve controversial Dollar General rezoning - Salisbury Post

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In front of vocal crowd, commissioners approve controversial Dollar General rezoning. SALISBURY — After turning down similar proposals in the past, the Rowan County commissioners on Monday approved a controversial rezoning on Organ Church Road near Rockwell that allows developers to build a Dollar General. Commissioner Craig Pierce was the lone vote against the proposal, saying that the large number of people opposed to the rezoning was reason enough not to support it. While developers made the case Monday that the store would sit at a so-called “community node” in the eastern Rowan land use plan, Pierce said the plan is a guide, not a mandate for zoning. But those opposed to the rezoning were not a clear majority among the crowd present. Meanwhile, supporter Shelly Voros said opposition was solely focused on the fact that developers want to build a Dollar General store rather than the substance of Monday’s vote — a rezoning from rural agricultural to commercial, business and industrial with a conditional district.

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Monday, March 18


News

How Analysts Reacted to Dollar General’s Q4 Results

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How Analysts Reacted to Dollar General’s Q4 ResultsReaction to mixed results Dollar General (DG) stock declined 7.5% to $111.64 on March 14, the day the company declared mixed results for the fourth quarter of fiscal 2018, which ended on February.

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News

Here are the biggest analyst calls of the day: Facebook, Dollar General, Chipotle & more

FB DG

Here are the biggest analyst calls of the day: Facebook, Dollar General, Chipotle & more. Accordingly, while DG's investments led to disappointing FY19 guidance, DG should (and will) capitalize on the opportunity to widen its competitive moat as Fresh/Fast Track investments will lead to: 1) greater frequency of visits, 2) a more robust/efficient supply chain, 3) lower costs-to-serve, and 4) labor productivity gains. The mgmt has remarkably steered through price-cost headwinds in 2018 and that has set performance expectations higher..Key points..1) Expectations are at cycle high - 70% of the street has a buy on IR IR – highest since 2012.. Buyside sentiment is trending at the high end of historical range as well... 2) C-HVAC growth expectations are above trend... NTM FCF yield is also lower vs peers like JCI (6% IR vs 8% JCI)..." PiperJaffray raising price target on Chipotle to $725 from $661. "Chipotle CMG remains our top recovery investment recommendation and we have a high degree of conviction that current strategic initiatives can continue to generate improving fundamentals... As the company progresses through its recovery process we believe the conversation (from a stock perspective) eventually shifts to one that focuses on identifying incremental strategies to maximize shareholder value... In that vein, we offer an initial examination of the potential behind transforming Chipotle's international store base (currently only ~14 company-owned units across the UK, France, and Germany) into a growing franchise business... Although hypothetical, such a future transformation could help to unlock incremental profitability (driving an estimated $2 to $5 in earnings power), drive upside to global growth, and potentially set up CMG shares for some measure of multiple expansion as the company becomes incrementally asset-light, over time... We reiterate our Overweight rating and are increasing our price target to $725 on CMG shares..." Goldman Sachs upgrading Okta to 'buy' from 'neutral'. "Okta' OKTA s strong results since its April 2017 IPO continue to demonstrate the growing role that identity is playing in the wider enterprise IT ecosystem, given its crucial positioning at the intersection of heightened concerns around security, increasingly complex multi-cloud environments, and the digital revolution of businesses in every sector... As digital transformations continue to drive discussion at the C-level, we believe that identity will play an important role in establishing more robust internal processes around access and authentication across increasingly complex enterprise IT topologies, while serving as an important tool in driving more secure experiences for users outside the organization... In our view, Okta remains the leader in Identity and Access Management within the enterprise, and continues to benefit from its role as an independent, third party management platform for identity and user authentication that works across cloud environments to provide a unified platform to manage access to applications, devices, and third-party application programming interfaces..." Citi downgrading PVH to 'neutral' from 'buy'. "We are assuming coverage with a Neutral rating (vs previous rating of Buy) and a $120 TP (vs previous TP of $140). While the company has two brands with good global growth potential in Tommy Hilfiger and Calvin Klein, PVH PVH overall is still heavily dependent on the North America wholesale and outlet channels (we estimate these channels combined represent ~50% of sales)... Despite management typically beating guidance in the past, we are concerned that exposure to wholesale/outlet channels will weigh on sales and profits in the coming years, limiting upside..." Credit Suisse downgrading Quest Diagnostics to 'neutral' from 'outperform'. "Despite multiple unexpected headwinds affecting DGX DGX 's 2018, including greater denials and higher-than-expected patient concessions, among other factors, we are optimistic that long-term growth drivers are intact, including greater in-network access, continuing innovation, consumer-centric initiatives, and capital deployment, where reimbursement pressures and recent payer contract shifts will likely spur industry consolidation...

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Sunday, March 17


News

Not the Best Day for Dollar General, Tailored Brands

DG

In this Market Foolery podcast, host Chris Hill and MFAM Funds' Bill Barker discuss the very different reasons both stocks ended the day lower, the companies' outlooks and strategies, and more. They also weigh in on reverse stock splits, talk a bit about the Motley Fool 100 Index, and offer their thoughts on pie. I agree, it was pretty a pretty good report, actually. For a stock that's up as much as it's been in the last year, 10% sounds big today, but if you go back in time and buy this thing a year ago, you'd still do good. It's hard for me to imagine things are dramatically better for this business a year from now unless they take some pretty significant steps on the cost side of things. Unless they decide "OK, we're going to start closing a lot of locations. We're going to be a smaller company, but we're going to be a better-performing company as a result of that."

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