DG's fiscal fourth-quarter results show same-store sales growth, but margins face pressure. The company plans major store expansions and remodels in 2025.
Dollar General is expecting its customers to face deteriorating financial conditions this year. “Our customers continue to report that their financial situation has worsened over the last year, as they have been negatively impacted by ongoing inflation,” Todd Vasos, CEO of the discount retailer, said during a fourth-quarter earnings call Thursday (March 13).
Dollar General is looking to grow same-store sales by 2% to 3% in each of the next two years and boost earnings by 10% in 2026.
U.S. stocks traded lower midway through trading, with the S&P 500 falling more than 1% on Thursday.
The mean of analysts' price targets for General Motors (GM) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Jim Cramer breaks down why he's keeping an eye on shares of Dollar General.
Dollar General's CEO said customers' financial situations have worsened over the past year due to inflation. CEO Todd Vasos said the company doesn't expect the macro environment to improve in 2025.
Dollar General Corp (NYSE:DG) shares gained almost 5% premarket as the discount retail posted a narrow revenue beat for the fourth quarter despite earnings falling short of expectations. Revenue of $10.18 billion, up 4.5% year-over-year, was ahead of estimates of $10.14 billion.
Dollar General narrowly exceeded expectations on revenue for the fourth quarter. The company initiated a store portfolio review that significantly impacted operating profit and earnings.
The average transaction amount increased amid growth in consumables, which includes food, while traffic declined.
Dollar General (DG) on Thursday reported better-than-expected fourth-quarter sales, but profit missed estimates due to costs from a review of the retailer's store portfolio.
Dollar General Corporation DG will release its fourth-quarter financial results, before the opening bell, on Thursday, March 13.