Key Developments: Dollar General Corp (DG)

DG on New York Consolidated

63.68USD
22 Aug 2014
Price Change (% chg)

$0.07 (+0.11%)
Prev Close
$63.61
Open
$63.59
Day's High
$64.41
Day's Low
$63.48
Volume
4,594,706
Avg. Vol
6,848,438
52-wk High
$65.99
52-wk Low
$53.00

Search Stocks

Latest Key Developments (Source: Significant Developments)

Dollar General makes proposal to acquire Family Dollar Stores Inc for $78.50 per share
Monday, 18 Aug 2014 06:10am EDT 

Dollar General Corp:Says it has made proposal to acquire Family Dollar Stores, Inc for $78.50 per share in cash, in transaction valued at $9.7 bln.Dollar General's all-cash proposal of $78.50 per share would provide Family Dollar shareholders with substantially superior valuation to the $74.50 per share cash / stock offer announced by Dollar Tree, Inc. on July 28.  Full Article

Dollar General Corp announces expanded partnership
Sunday, 29 Jun 2014 04:00pm EDT 

Dollar General Corp:Says expanded partnership with a multi year agreement for the 2015 NASCAR Sprint Cup Series season and beyond.In addition, JGR announces the contract extension of driver Matt Kenseth that will keep him behind the wheel of the No. 20 Dollar General Toyota.  Full Article

Dollar General Corp CEO announces retirement plans
Friday, 27 Jun 2014 09:00am EDT 

Dollar General Corp:Says its chairman and chief executive officer, Rick Dreiling has informed board of his intent to retire as CEO effective May 30, 2015 or upon appointment of a successor.Dreiling has agreed to serve, at discretion of the Board, as chairman during a transition period following the appointment of new CEO.  Full Article

Dollar General Corp reaffirms FY 2014 outlook, same-store sales outlook
Tuesday, 3 Jun 2014 07:00am EDT 

Dollar General Corp:Continues to expect FY 2014 total sales to increase 8 to 9 percent over FY 2013.FY 2014 same-store sales also to increase 3 to 4 percent.FY 2014 diluted EPS to be about $3.45 to $3.55.Reported revenue of $17.50 bln in FY 2013.FY 2014 revenue of $19.02 bln, EPS of $3.51 - Thomson Reuters I/B/E/S.  Full Article

Dollar General Corp gives Q1, FY 2014 outlook below analysts' estimates; gives Q1, FY 2014 same-store sales outlook
Thursday, 13 Mar 2014 07:00am EDT 

Dollar General Corp:Expects FY 2014 total sales to increase 8 to 9 pct over FY 2013.Expects FY 2014 same-store sales to increase 3 to 4 pct.Expects FY 2014 adjusted operating profit to increase 2 to 5 pct.Expects FY 2014 Diluted EPS to be about $3.45 to $3.55.Expects Q1 2014 sales to increase 7 to 8 pct over Q1 2013.Expects Q1 2014 sales in same-stores to increase 2 to 3 pct over Q1 2013.Expects Q1 2014 EPS to be about $0.72 to $0.74.The company reported revenue of $17.5 bln in FY 2013 and revenue of $4.233 bln in Q1 2013.FY 2014 revenue of $19.286 bln, EBIT of $1.941 bln , EPS of $3.69 - Thomson Reuters I/B/E/S.Q1 2014 revenue of $4.655 bln, EPS of $0.81 - Thomson Reuters I/B/E/S.  Full Article

Dollar General Corp raises low end of prior FY 2013 EPS guidance to a range in line with analysts' estimates
Thursday, 5 Dec 2013 06:45am EST 

Dollar General Corp:Says for FY 2013 the company now forecasting adjusted earnings per share of $3.18 to $3.22.For FY 2013 EPS of $3.22 - Thomson reuters I/B/E/S Estimates.  Full Article

Dollar General Corp Reaffirms FY 2013 Guidance; Comments On FY 2013 Same Store Sales Guidance
Wednesday, 4 Sep 2013 07:15am EDT 

Dollar General Corp announced that for fiscal 2013, it expects total sales to increase 10% to 11% over fiscal 2012, Same-store sales are expected to increase 4% to 5%. The Company's 2013 full year gross profit, as a percentage of sales, is expected to decrease from fiscal 2012 gross profit rate by approximately 90 basis points. Operating profit, excluding certain items, for fiscal 2013 is expected to be in the range of $1.73 billion to $1.77 billion. EPS for the fiscal year, adjusted to exclude the $8.5 million legal settlement in the second quarter and charges or expenses relating to amendments to or refinancing of any notes, loans or revolving credit facilities and expenses resulting from secondary stock offerings, is expected to be approximately $3.15 to $3.22. The Company reported revenues of $16.02 billion in fiscal 2012. According to I/B/E/S estimates analysts' were expecting the Company to report revenues of $17.66 billion, EBIT of $1.77 billion and EPS of $3.21 for fiscal 2013.  Full Article

Dollar General Corp Announces Share Repurchases Of $200 Million
Tuesday, 18 Jun 2013 08:00am EDT 

Dollar General Corp announced the completion of $200 million in share repurchases of its common stock in the open market. These repurchases are part of the existing Board authorized share repurchase program. Year-to-date, Dollar General has repurchased approximately $220 million of its common stock and has approximately $424 million remaining in the existing authorization. Dollar General has repurchased approximately $1.1 billion, or 23.6 million shares, of its common stock since the inception of its current share repurchase program in December 2011.  Full Article

EEOC Files Suits Against Bayerische Motoren Werke AG, Dollar General Corp-DJ
Tuesday, 11 Jun 2013 10:03am EDT 

Dow Jones reported that The U.S. Equal Employment Opportunity Commission (EEOC) filed lawsuits against a Bayerische Motoren Werke AG (BMW) manufacturing operation in South Carolina and discount-retailer Dollar General Corp (DG) alleging that the companies' criminal background check policies resulted in employees being fired or being screened out in the hiring process. In the suit against Dolgencorp, doing business as Dollar General, the EEOC alleges the Company's background-check policy, which looks back 10 years, results in a disparate impact against black workers. The suit is based on charges by two rejected applicants.  Full Article

Dollar General Corp Lowers High End Of FY 2013 Revenue And EBIT Guidance; Lowers FY 2013 EPS Guidance; Lowers High End Of Prior FY 2013 Same Store Sales Guidance
Tuesday, 4 Jun 2013 07:00am EDT 

Dollar General Corp announced that for fiscal 2013, it expects total sales to increase 10% to 11% over the 2012. Same-store sales are expected to increase 4% to 5%. Adjusted operating profit for fiscal 2013 is expected to be in the range of $1.73-$1.77 billion. Diluted earnings per share (EPS) for fiscal 2013, adjusted to exclude charges or expenses relating to amendments to or refinancing of any notes, loans or revolving credit facilities and any expenses resulting from secondary stock offerings, is expected to be approximately $3.15 to $3.22, based on approximately 326 million weighted average diluted shares, assuming share repurchases. The Company reported revenues of $16.02 billion in fiscal 2012. According to I/B/E/S estimates analysts' were expecting the Company to report revenues of $17.62 billion, EBIT of $1.825 billion and EPS of $3.28 for fiscal 2013.  Full Article

US STOCKS-S&P 500 hits record high; data shows healthier economy

* Dow up 0.5 pct; S&P 500 up 0.4 pct; Nasdaq up 0.1 pct (Updates to afternoon)

Search Stocks