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United States

Dollar General Corp (DG.N)

DG.N on New York Stock Exchange

97.33USD
15 Jun 2018
Change (% chg)

$1.00 (+1.04%)
Prev Close
$96.33
Open
$96.33
Day's High
$97.39
Day's Low
$96.11
Volume
1,324,367
Avg. Vol
619,948
52-wk High
$105.81
52-wk Low
$67.55

Latest Key Developments (Source: Significant Developments)

Dollar General Announces Paid Parental Leave And Adoption Assistance Benefit
Thursday, 8 Mar 2018 06:55am EST 

March 8 (Reuters) - Dollar General Corp ::DOLLAR GENERAL ANNOUNCES PAID PARENTAL LEAVE AND ADOPTION ASSISTANCE BENEFIT.DOLLAR GENERAL CORP - BENEFITS WILL BE AVAILABLE TO ALL ELIGIBLE FULL-TIME AND PART-TIME EMPLOYEES.DOLLAR GENERAL CORP - BIRTH MOTHERS TO RECEIVE A TOTAL OF EIGHT WEEKS OF PAID LEAVE.DOLLAR GENERAL CORP - ALL OTHER PARENTS TO RECEIVE TWO WEEKS OF PAID PARENTAL LEAVE.DOLLAR GENERAL CORP - ADOPTION BENEFIT PROVIDES UP TO $4,000 IN FINANCIAL ASSISTANCE.  Full Article

Dollar General Announces Plans To Build New Distribution Center In Longview, Texas
Wednesday, 27 Dec 2017 06:55am EST 

Dec 27 (Reuters) - Dollar General Corp ::DOLLAR GENERAL ANNOUNCES PLANS TO BUILD NEW DISTRIBUTION CENTER AND CREATE APPROXIMATELY 400 NEW JOBS IN LONGVIEW, TEXAS.DOLLAR GENERAL CORP SAYS CONSTRUCTION SHOULD BEGIN IN EARLY 2018.  Full Article

Dollar General- Anticipate 75% Of U.S. Population Will Be Within 5 Miles Of A Dollar General By FY2017 End
Thursday, 7 Dec 2017 12:06pm EST 

Dec 7 (Reuters) - Dollar General Corp ::ON CONF CALL - OUR STORES HAVE AN AVERAGE BASKET OF ABOUT 5 ITEMS AND AN AVERAGE TICKET OF ABOUT $12.ANTICIPATE THAT 75% OF U.S. POPULATION WILL BE WITHIN 5 MILES OF A DOLLAR GENERAL BY THE END OF FISCAL 2017.DOLLAR GENERAL - BELIEVE HAVE OPPORTUNITY TO EXPAND COOLER DOORS TO OFFER MORE PERISHABLE FOODS, ICE CREAM, SINGLE-SERVE DRINKS AND COLD BEER.DOLLAR GENERAL - IN 2018, PLAN TO EXPAND ELECTRONIC ARTICLE SURVEILLANCE TO AN INCREMENTAL 5,000 STORES.  Full Article

Dollar General Corp Reports Q3 Earnings Per Share $0.93
Thursday, 7 Dec 2017 06:55am EST 

Dec 7 (Reuters) - Dollar General Corp ::ORATION REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.93.Q3 SAME STORE SALES ROSE 4.3 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.94 -- THOMSON REUTERS I/B/E/S.Q3 SALES $5.9 BILLION VERSUS I/B/E/S VIEW $5.8 BILLION.SEES FY 2017 GAAP EARNINGS PER SHARE $4.37 TO $4.47 INCLUDING ITEMS.SEES FISCAL 2017 GAAP DILUTED EARNINGS PER SHARE $4.37 TO $4.47, COMPARED TO PRIOR GUIDANCE RANGE OF $4.35 TO $4.50.SEES FISCAL 2017 NET SALES GROWTH OF APPROXIMATELY SEVEN PERCENT.SEES FISCAL 2017 SAME-STORE SALES GROWTH OF APPROXIMATELY 2.5 PERCENT.SHARE REPURCHASES FOR FISCAL 2017 CONTINUE TO BE FORECASTED AT APPROXIMATELY $450 MILLION.FOR FISCAL 2017, COMPANY CONTINUES TO PLAN TO OPEN APPROXIMATELY 1,285 NEW STORES.SEES FISCAL 2017 CAPITAL EXPENDITURES BETWEEN $700 MILLION AND $750 MILLION.AS OF NOVEMBER 3, 2017, TOTAL MERCHANDISE INVENTORIES, AT COST, WERE $3.60 BILLION COMPARED TO $3.49 BILLION AS OF OCTOBER 28, 2016.FY2017 EARNINGS PER SHARE VIEW $4.39, REVENUE VIEW $21.97 BILLION -- THOMSON REUTERS I/B/E/S.- QTRLY DILUTED EARNINGS PER SHARE OF $0.93, INCLUDED AN ESTIMATED $0.05 HURRICANE-RELATED NET NEGATIVE IMPACT.  Full Article

Appaloosa LP cuts share stake in BofA, dissolves share stake in Wells Fargo and Activision Blizzard
Tuesday, 14 Nov 2017 09:25am EST 

Nov 14 (Reuters) - APPALOOSA LP:Appaloosa LP dissolves share stake in Activision Blizzard Inc - SEC filing.Appaloosa LP cuts share stake in Bank Of America Corp by about 28 percent to 6.3 million shares.Appaloosa LP raises share stake in Boston Scientific Corp by about 66 percent to 3.8 million shares.Appaloosa LP dissolves share stake in L Brands Inc.Appaloosa LP dissolves share stake in Wells Fargo.Appaloosa LP cuts share stake in Dollar General Corp by 36 percent to 599,264 shares.Appaloosa LP raises share stake in NRG Energy Inc to 8.4 million shares from 1.3 million shares.Appaloosa LP - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2zJRjl2).Source text for quarter ended June 30, 2017: (http://bit.ly/2uWm5mq).  Full Article

Dollar General CEO - "We're well priced today and I don't see us having to do anything that is very dramatic"
Thursday, 31 Aug 2017 01:26pm EDT 

Aug 31 (Reuters) - Dollar General :CEO -"believe the much reported demise of retail is an inaccurate narrative. Retail is just changing and we believe we are very well positioned".CEO -our average basket contains about 5 items with an average ticket of about $12.CEO - have redesigned cosmetic area in a large portion of our stores to highlight breadth of on trend products at compelling prices.CEO - testing assortment of fresh produce across a third of about 300 stores being remodeled.CEO - have ongoing opportunities for gross margin expansion through improvements in shrink, global sourcing, private brands, distribution transportation efficiencies and nonconsumable sales.CEO - our pricing surveys continue to indicate we are very well positioned from a price perspective against all classes of trade.CEO - at store support center, work elimination and process improvement also are ongoing efforts to take costs out.CEO - "we continue to be very aggressive in our ability to deliver price to the consumer. And that was our biggest source of markdown.".CEO - " we see an opportunity to enhance gross margin over time but we're going to do what's right for the business for the long term and making sure we drive traffic".CEO - "we're well priced today and i don't see us having to do anything that is very dramatic.CEO - "we see opportunities to grow margin over time. And we don't believe that we're in any long term, strong investments periods. We just don't see that as we go forward right now.".  Full Article

Dollar General says there is uncertainty as to the magnitude of losses from Hurricane Harvey
Thursday, 31 Aug 2017 08:51am EDT 

Aug 31 (Reuters) - Dollar General Corp :Dollar General says currently there is uncertainty as to the magnitude of the losses associated with Hurricane Harvey - SEC filing.Currently there is uncertainty whether losses related to Hurricane Harvey would have material effect on co's financial statements.  Full Article

Dollar General Corporation Q2 earnings per share $1.08
Thursday, 31 Aug 2017 06:55am EDT 

Aug 31 (Reuters) - Dollar General Corp :Dollar General Corporation reports second quarter 2017 financial results.Sees FY 2017 GAAP earnings per share $4.35 to $4.50.Q2 earnings per share $1.08.Q2 same store sales rose 2.6 percent.Q2 earnings per share view $1.09 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales up about 5 to 7 percent.Q2 sales $5.83 billion versus I/B/E/S view $5.8 billion.Dollar General Corp - company updates fiscal 2017 diluted earnings per share guidance to $4.35 to $4.50 from $4.25 to $4.50.FY earnings per share view $4.51, revenue view $23.36 billion -- Thomson Reuters I/B/E/S.Dollar General Corp - expected capital expenditures for fiscal 2017 remain between $715 million and $765 million..Dollar General Corp - outlook does not reflect any potential impact from disaster-related expenses, including impact related to Hurricane Harvey.Dollar General - expects that fiscal 2017 same-store sales growth of slightly positive to increase of two percent to be towards upper end of range​.Dollar General Corp - assessment of any potential impact or damage to assets from Hurricane Harvey still in process.  Full Article

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

U.S. dollar-store shares marked down but specialty discounters thrive

By April Joyner NEW YORK, June 6 The shares of so-called dollar stores have suffered as U.S. shoppers have started spending more at bargain retailers with focused concepts and big discount chains. Once thought to be insulated from the retail industry's challenges, the dollar stores, which got the name because they try to price items for $1 or less, such as Dollar General Corp , Dollar Tree Inc and Big Lots Inc derive much of their sales from househo