DG Stock Recent News
DG LATEST HEADLINES
Dollar General (DG) shares edged 0.8% higher in early trading Thursday after the release of fourth-quarter results that beat analyst estimates.
Dollar General's (DG) fourth-quarter fiscal 2023 sales and earnings decline year over year. Nevertheless, same-store sales increase slightly on higher customer traffic.
Dollar General Corp (NYSE:DG), the discount retailer, saw its shares rise 5% in pre-market trading on Thursday after its sales forecasts came in ahead of Wall Street estimates. Sales in 2024 are expected to jump by between 6% and 6.7%, beating market estimates, which predicted it would rise 4.4% to US$40.33 billion.
The discount retailer posted fourth-quarter earnings of $1.83 a share on revenue of $9.86 billion.
While Dollar General (DG) navigates softening sales trends, it is focusing on enhancing the supply chain, offering customer-friendly prices and embracing digitization.
A Dollar General store in Wisconsin was forced to close after its entire workforce quit, citing seven-day work weeks and a "lack of appreciation."
Both Dollar General and Dollar Tree look set to benefit as headwinds ease for their lower-income customers.
Dollar General (DG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Dollar stores Dollar Tree Inc. and Dollar General Corp. have been enjoying strong foot traffic in the run-up to the companies' fourth-quarter results this week, according to data from analytics company Placer.ai.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.