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Dollar General Corp (DG.N)

DG.N on New York Stock Exchange

73.82USD
18 Aug 2017
Change (% chg)

$-0.45 (-0.61%)
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$74.27
Open
$73.85
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$74.42
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$73.48
Volume
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$92.03
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Latest Key Developments (Source: Significant Developments)

Dollar General on conf call- Expect acquisition of 322 stores to be modestly accretive to 2017 sales, profit
Thursday, 1 Jun 2017 09:54am EDT 

June 1 (Reuters) - Dollar General :Average unit retail price deflation, due to lower commodity cost and promotional activity, along with reduction of snap benefits, continue to weigh on same-store sales performance.Expect the acquisition of 322 stores to be modestly accretive to net sales and earnings in fiscal 2017.CFO- " sales environment for retail continues to be choppy".CFO- believe our customer will require sustained improvement and economic outlook before she is willing to increase spending on discretionary nonconsumable items.CFO- "I just believe that (the customer) is in an economic cycle right now where there's a little bit of uncertainty and a little bit of a holdback on these discretionary items".CEO- "need to see a little bit more confidence in what the consumer is seeing today from job growth and wage growth, will it be sustainable".As we move through Q1, deflationary pressures from a cost input standpoint, we did see some moderation.  Full Article

Dollar General Q1 earnings per share $1.02
Thursday, 1 Jun 2017 06:55am EDT 

June 1 (Reuters) - Dollar General Corp ::Dollar General Corporation reports first quarter 2017 financial results.Q1 earnings per share $1.02.Q1 same store sales rose 0.7 percent.Q1 earnings per share view $1.00 -- Thomson Reuters I/B/E/S.Q1 sales $5.61 billion versus I/B/E/S view $5.59 billion.Dollar General Corp - company confirms fiscal year 2017 diluted EPS guidance; updates other guidance.Sets regular quarterly cash dividend of $0.26per share.Dollar General Corp - ‍2017 GAAP diluted EPS is forecasted to remain consistent with prior guidance range of $4.25 to $4.50​.Dollar General Corp - anticipates sales from acquired sites to impact fiscal 2017 net sales by approximately 100 basis points.Dollar General Corp - ‍company's FY 2017 net sales are forecasted to increase by about five to seven percent.Dollar General Corp - company's fiscal 2017 same-store sales growth is unchanged from prior guidance range of slightly positive to increase of 2 percent.Dollar General Corp - ‍capital expenditures for fiscal 2017 are expected to be in range of $715 million to $765 million​.Dollar general- for fiscal 2017, assuming closing of acquisition, plans to open about 1,290 new stores in addition to remodeling/relocating 760 stores.Fy earnings per share view $4.46, revenue view $23.19 billion -- Thomson Reuters I/B/E/S.Dollar General-for fiscal 2017, assuming closing of acquisition company plans to reduce co's total projects for remodels and relocations by 140 stores.  Full Article

Dollar General announces pricing of $600 mln of senior notes
Tuesday, 28 Mar 2017 04:10pm EDT 

Dollar General Corp : Dollar General Corporation announces pricing of $600.0 million of senior notes . Dollar General Corp - notes will pay interest at a rate of 3.875% per annum and mature on April 15, 2027. . Dollar General Corp- pricing of an offer in of $600.0 million of its 3.875% senior notes due 2027 .Dollar General Corp - will pay interest on notes semi-annually on April 15 and October 15 of each year, commencing October 15, 2017.  Full Article

Dollar General files for potential mixed shelf offering - SEC filing
Friday, 24 Mar 2017 09:33pm EDT 

Dollar General Corp :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Dollar General files for potential mixed shelf offering - SEC filing
Friday, 24 Mar 2017 04:48pm EDT 

Dollar General Corp :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Dollar General Q4 earnings per share $1.49
Thursday, 16 Mar 2017 07:00am EDT 

Dollar General Corp : Dollar General reports fourth quarter and fiscal 2016 financial results; company provides financial guidance for fiscal 2017 . Q4 earnings per share $1.49 . Q4 same store sales rose 1 percent . Q4 earnings per share view $1.41 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales up 4 to 6 percent . Q4 sales $6.0 billion versus I/B/E/S view $5.97 billion . Sees FY 2017 earnings per share $4.25 to $4.50 including items . Dollar General Corp - net sales increased 13.7 percent to $6.0 billion in 2016 Q4 compared to $5.3 billion in 2015 Q4 . Dollar General Corp - share repurchases for fiscal 2017 are expected to be approximately $450 million. . Dollar General Corp - company plans to open approximately 1,000 new stores and relocate or remodel 900 stores in fiscal 2017 . Dollar General Corp - capital expenditures for fiscal 2017 are expected to be in range of $650 to $700 million . Dollar General Corp - board of directors approved an increase of four percent in its quarterly cash dividend . Dollar General Corp - capital expenditures for fiscal 2017 are expected to be in range of $650 to $700 million . Dollar General Corp - provides fiscal 2017 diluted EPS outlook of $4.25 to $4.50, including about $70 million in planned investments primarily for store manager pay . FY2017 earnings per share view $4.39, revenue view $21.97 billion -- Thomson Reuters I/B/E/S.  Full Article

Dollar General entered unsecured amended and restated credit agreement
Wednesday, 22 Feb 2017 04:18pm EST 

Dollar General Corp : Dollar General-entered unsecured amended and restated credit agreement; total loans and commitments under new credit facilities equal to $1,425.0 million . Dollar General-new credit facilities has $175.0 million 5-year unsecured term loan facility, $1,250.0 million 5-year unsecured revolving credit facility - SEC filing .Dollar General Corp - revolving facility also includes borrowing capacity available for short-term borrowings referred to as swingline loans.  Full Article

Dollar General plans to create about 10,000 new jobs in 2017
Friday, 3 Feb 2017 09:00am EST 

Dollar General Corp : Dollar General plans to create approximately 10,000 new jobs in 2017 . Dollar General Corp - to create new jobs in 2017 as result of 1,000 planned new store openings and two new distribution centers .Dollar General Corp - creation of new jobs will be a roughly nine percent overall increase to its workforce.  Full Article

Dollar General CEO - States which've seen SNAP reductions are about 100 basis pts worse in comparable sales
Thursday, 1 Dec 2016 11:35am EST 

Dollar General Corp : CEO on conf call - Q3 comparable sales hurt by softer customer traffic . CEO - estimate combined headwinds from average unit retail price deflation and reduction in SNAP benefits hurt Q3 same-store sales by 150 -175 basis pts, Q2 by 100-115 basis pts . Proactive pricing actions were implemented selectively across about 17% of store base and on about 450 items . CEO - "while these investments (proactive pricing actions) take time to deliver the full impact, seeing expected improvements in transactions, units and weekly same-store sales across vast majority of stores where we've made these investments." . CEO - "we invested in incremental promotional activity to drive traffic, although results were mixed and did not meet our overall expectations" . CEO - "as we moved through Q3, became apparent that our incremental actions would not be able to overcome the decline in traffic ...requiring greater-than-anticipated markdowns to move through inventory" . CEO - plan about 1,000 new store openings in 2017 . CEO - "clearly, our consumers' budgets are pinched" . CEO - "the cumulative effect of macroeconomic factors such as reduction of snap participation and benefit levels and increased housing and healthcare expenses appear to have taken a noticeable toll on (consumer) spending" . CEO - states which've seen SNAP reductions have seen comps go down by about 100 basis points.  Full Article

Dollar General Director Michael Calbert reports open market purchase of 13,000 shares of co's common stock
Thursday, 1 Sep 2016 01:45pm EDT 

Dollar General Corp :Director michael calbert reports open market purchase of 13,000 shares of co's common stock at average price of $75.53per share on aug 30-filing.  Full Article

BRIEF-Long Island Iced Tea Corp announces strategic partnership test with Dollar General

* Long Island Iced Tea Corp announces strategic partnership test with Dollar General