Dollar General Names John W. Garratt as Chief Financial Officer

Dollar General (DG) PT Trimmed at UBS; Buy Maintained on Sustainable Earnings Algorithm

UBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $80.00). The high end of DG's FY'15 guidance indicates its 4Q op income will grow only ~4-5%. This is a bit slower than the ~10% growth seen in the first 3 quarters. DG still has a number of sales drivers... More

Dollar General (DG) Names New CFO

Dollar General (NYSE: DG) announced the promotion of John W. Garratt to executive vice president and chief financial officer (CFO), effective December 2, 2015. Garratt has served as Dollar Generals interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the Company in October 2014.

Additionally, Anita C. Elliott, senior vice president and controller at Dollar General since 2005, has been appointed chief accounting officer (CAO). Elliott will report to Garratt in his role as CFO, effective December 2, 2015.

Im pleased to... More

Dollar General (DG) Declares $0.22 Quarterly Dividend; 1.3% Yield

Dollar General (NYSE: DG) declared a quarterly dividend of $0.22 per share, or $0.88 annualized.

The dividend will be payable on January 6, 2016, to stockholders of record on December 23, 2015, with an ex-dividend date of December 21, 2015.

The annual yield on the dividend is 1.3 percent.

For... More

Dollar General (DG) Misses Q3 EPS by 1c; Approves Additional $1B Common Stock Buyback

Dollar General (NYSE: DG) reported Q3 EPS of $0.86, $0.01 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $5.07 billion versus the consensus estimate of $5.09 billion.

Same-Store Sales Increased 2.3%

On December 2, 2015, the Companys Board of Directors authorized an additional $1.0 billion for... More