Labor costs nip at Dollar General

• Guggenheim lowers its price target on Dollar General (NYSE:DG) to $85 from $90 to adjust for the company's labor investments.
• Dollar General CFO John Garratt noted SG&A expenses rose 6 bps to 20.3% in Q4, primarily due to higher retail labor costs.
• Dollar General earnings transcript
• The consensus price target of Dollar General is $84.22.
• Previously: Dollar General beats by $0.08, beats on revenue (March 16)
• Previously: Dollar General battles through retail pressure (March 16)