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RBC Capital thinks the guidance (earnings, conference call wrapup) put out by Dollar General...

RBC Capital thinks the guidance (earnings, conference call wrapup) put out by Dollar General (DG) is a touch light as it defends the propsects for the Outperform-rated company. If the take is on the money, it could be a boost for rivals Family Dollar (FDO) and Dollar Tree (DLTR) after Dollar General's margins put a scare into the sector.
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Comments (2)
  • dana843
    , contributor
    Comments (7) | Send Message
    Having fully read the specifics of the conference call, one would expect the CEO and CFO to lean toward being conservative since the level of UNCERTAINTY about the broken political leadership in this country is so dysfunctional with potential high impacts on the economy. They cited the unprecedented high swings in weekly sales recently. I'd be cautious also.
    12 Dec 2012, 08:53 AM Reply Like
  • Doug Beilharz
    , contributor
    Comments (11) | Send Message
    Thanks dana843 - - I am surprised that the markets are holding up so well under the prospect of an impasse between the White House and Congress. If investors are truly wary of capital gains taxes skyrocketing, why so little evidence of long term holdings being sold to hedge against it? Could insiders be privy of some White House intention to compromise?
    12 Dec 2012, 11:32 AM Reply Like
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