Dollar General Corporation (DG) - NYSE
  • Dec. 2, 2015, 5:30 PM
    | Dec. 2, 2015, 5:30 PM | 10 Comments
  • Nov. 11, 2015, 1:52 PM
    • Discounters are part of the broad sell-off in retail chain stocks.
    • Five Below (FIVE -6.9%), Dollar Tree (DLTR -2.5%), and Dollar General (DG -3.8%) are all lower on the day. The three stocks all trail the return of the S&P 500 by a wide margin on the year.
    • Concerns over the impact of high inventory levels on promotional activity have picked up this week.
    • Previously: Retailers eye inventory levels with Black Friday 17 days away (Nov. 10)
    | Nov. 11, 2015, 1:52 PM
  • Oct. 21, 2015, 7:16 AM
    • Bank of America Merrill Lynch lifts its rating on Dollar General (NYSE:DG) to Neutral after having the stock lined up with an Underperform rating.
    • The investment firm took off its bear call after shares of Dollar General retreated 6% off of a broad retail sell-off related to Wal-Mart's cut in guidance last week.
    • Dollar General reported sales growth of 8% in Q2 with comps up 2.8%.
    | Oct. 21, 2015, 7:16 AM
  • Oct. 14, 2015, 11:30 AM
    • Wal-Mart's profit warning today is having a major impact in the retail sector.
    • The company's commitment to raise wages is expected to pressure other companies to follow suit.
    • Discounters in particular are feeling the Bentonville pinch.
    • Decliners: Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) -5.0%, Dollar Tree (NASDAQ:DLTR) -3.4%, Dollar General (NYSE:DG) -3.0%, PriceSmart (NASDAQ:PSMT) -2.1%, Big Lots (NYSE:BIG) -1.5%, Fred's (NASDAQ:FRED) -1.3%, Burlington Stores (NYSE:BURL) -1.1%.
    • Previously: Retail giants lower after Wal-Mart warns (Oct. 14 2015)
    • Previously: Wal-Mart sits at multi-year low after guidance stuns (Oct. 14 2015)
    | Oct. 14, 2015, 11:30 AM | 2 Comments
  • Oct. 13, 2015, 4:38 PM
    • Roughly 255 positions in corporate support are to be eliminated, effective immediately. The company expects to take a pretax cash expense of about $7M in Q3 thanks to severance costs.
    • Of the 255 positions, 115 are already vacant. Jobs at the store level will not be affected.
    • DG -0.9% after hours
    | Oct. 13, 2015, 4:38 PM
  • Aug. 27, 2015, 7:23 AM
    • Dollar General (NYSE:DG) reports same-store sales rose 2.8% in Q2.
    • Traffic and average transaction size were both higher for Dollar General in the quarter.
    • Sales by category: Consumables: $3.9B (+8%); Seasonal: $642M (+8%); Home products: $304M (+6.6%); Apparel: $281M (+4.7%).
    • Gross profit rate +36 bps to 31.2%.
    • SG&A expense rate +10 bps to 21.8%.
    • Operating profit rate improved 27 bps to 9.34%.
    • Store count +663 Y/Y to 12,198.
    • FY2015 Guidance: Total sales: +8% to +9%; Same-store sales: +3% to +3.5%; Operating profit: +7% to +9%; Diluted EPS: ~3.85 to $3.95; Capex: $500M to $550M; New stores: ~730.
    • DG -3.52% premarket after running up a 4.0% gain yesterday.
    | Aug. 27, 2015, 7:23 AM
  • Aug. 27, 2015, 7:22 AM
    • Dollar General (NYSE:DG) declares $0.22/share quarterly dividend, in line with previous.
    • Forward yield 1.15%
    • Payable Sept. 30; for shareholders of record Sept. 16; ex-div Sept. 14.
    | Aug. 27, 2015, 7:22 AM
  • Aug. 27, 2015, 7:04 AM
    • Dollar General (NYSE:DG): Q2 EPS of $0.95 beats by $0.01.
    • Revenue of $5.1B (+8.1% Y/Y) misses by $40M.
    | Aug. 27, 2015, 7:04 AM
  • Aug. 26, 2015, 5:30 PM
    | Aug. 26, 2015, 5:30 PM | 4 Comments
  • Aug. 10, 2015, 11:51 AM
    • Dollar General (DG +0.1%) announces it will make a stronger commitment to the beauty category.
    • The company plans to introduce new products aimed at product categories with strong demand.
    • A Day of Beauty event in Nashville last week hosted by the discounter and the introduction of an in-store beauty magazine helped to launch the initiative.
    | Aug. 10, 2015, 11:51 AM
  • Jul. 15, 2015, 12:36 PM
    • Moody's raises its outlook on the U.S. retail industry to Positive from Stable on its view operating income will improve by 5% to 6% over the next 12 to 18 months.
    • The ratings agency is focused on the expense side, seeing a leveraging of fixed costs and efficiency gains as helping to pad bottom lines.
    • Sectors seen leading the way for profit growth are dollar stores (FDO, DG, DLTR), drug stores (WBA, CVS, RAD), and home improvement chains (HD, LOW).
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, RCD, PMR, UGE, SZK
    | Jul. 15, 2015, 12:36 PM | 5 Comments
  • Jul. 3, 2015, 1:59 AM
    • Putting to rest a year-long merger saga, Dollar Tree (NASDAQ:DLTR) has finally been given FTC approval to buy Family Dollar (NYSE:FDO) on condition they sell 330 Family Dollar stores.
    • Following the $9.2B merger, Dollar Tree will control more than 13K stores across the U.S. and Canada, vaulting the company ahead of Dollar General (NYSE:DG) to become North America's biggest discount retailer, with more than $18B in annual sales.
    • Dollar Tree expects the deal to close on Monday.
    • Previously: DLTR, FDO ink deal with FTC; merger on track for July close (Jun. 16 2015)
    | Jul. 3, 2015, 1:59 AM
  • Jun. 25, 2015, 8:09 AM
    • Dollar General (NYSE:DG) names John Garratt to be its interim CFO.
    • Former CFO David Tehle announced his retirement last March.
    • A search for a permanent CFO is ongoing.
    | Jun. 25, 2015, 8:09 AM
  • Jun. 9, 2015, 9:09 AM
    • Raymond James lifts its rating on Dollar General (NYSE:DG) straight to Strong Buy after having the retailer slotted at Market Perform.
    • The investment firm thinks revenue growth at Dollar General will hit 9% in FY16.
    • The end of the dollar store consolidation roller coaster sets up Dollar General to attract new investors.
    • Previously: Dollar General beats by $0.03, misses on revenue (Jun. 02 2015)
    • Previously: More on Dollar General's Q1 (Jun. 02 2015)
    • DG +1.17% premarket to $76.22.
    | Jun. 9, 2015, 9:09 AM
  • Jun. 2, 2015, 7:45 AM
    • Dollar General (NYSE:DG) reports same-store sales rose 3.7% due to  increase in both customer traffic and average transaction amount.
    • Sales by category: Consumables: $3.75B (+9%); Seasonal: $586.29M (+8.3%); Home products: $303.02M (+6.9%); Apparel: $275.38M (+9.5%).
    • Gross profit rate grew 45 bps to 30.5%.
    • SG&A expense rate +13 bps to 21.8%.
    • Operating profit rate improved 31 bps to 8.71%.
    • Inventory +8.98% to $2.84B.
    • Store count +661 Y/Y to 11,999.
    • FY2015 Guidance: Total sales: +8% to +9%; Same-store sales: +3% to +3.5%; Operating profit: +7% to +9%; Diluted EPS: ~3.85 to $3.95; Capex: $500M to $550M; New stores: ~730.
    • Q1 results
    | Jun. 2, 2015, 7:45 AM
  • Jun. 2, 2015, 7:09 AM
    • Dollar General (NYSE:DG): Q1 EPS of $0.84 beats by $0.03.
    • Revenue of $4.92B (+8.8% Y/Y) misses by $20M.
    • Shares +2.39% PM.
    | Jun. 2, 2015, 7:09 AM
Company Description
Dollar General Corp. is a discount retailer in the United States. The company offers a selection of merchandise, including consumables, seasonal, home products and apparel. It offers a focused assortment of everyday necessities, which drive frequent customer visits, and key items in a broad... More
Sector: Services
Industry: Discount, Variety Stores
Country: United States