Dollar General Reports Second Quarter 2016 Financial Results

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Jefferies Cuts Price Target on Dollar General (DG) to $78 Following 2Q Report

August 26, 2016 10:04 AM EDT

Jefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $96.00), following the company's 2Q earnings report. Same store sales increased 0.7%, short of the Street's expectation for +2.7%. EPS of $1.08 was a penny short of Street expectation.

Analyst... More

UBS Cuts Price Target on Dollar General (DG) to $91; Reiterates Buy

August 26, 2016 8:07 AM EDT

UBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $92.00 (from $101.00), following the company's 2Q earnings report.

Analyst Michael Lasser commented, "While it was convenient for the market to try and pin DGs slower SSS... More

BMO Capital Downgrades Dollar General (DG) to Market Perform

August 26, 2016 6:48 AM EDT

BMO Capital downgraded Dollar General (NYSE: DG) from Outperform to Market Perform with a price target of $78.00 (from $95.00).

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $75.61 yesterday.

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Telsey Upgrades Dollar General (DG) to Market Perform

August 26, 2016 6:47 AM EDT

Telsey upgraded Dollar General (NYSE: DG) from Outperform to Market Perform with a price target of $84.00 (from $102.00).

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $75.61 yesterday.

... More

JPMorgan Downgrades Dollar General (DG) to Neutral

August 25, 2016 2:11 PM EDT

JPMorgan downgraded Dollar General (NYSE: DG) from Overweight to Neutral with a price target of $83.00 (from $92.00).

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $91.79 yesterday.

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Credit Suisse Downgrades Dollar General (DG) to Neutral

August 25, 2016 1:04 PM EDT

Credit Suisse downgraded Dollar General (NYSE: DG) from Outperform to Neutral with a price target of $80.00 (from $95.00) on weak outlook as headwinds intensify.

Analyst Edward Kelly commented, ": DG's impressive stock run looks to be over sooner than we anticipated, as Q2 results signal a material deceleration in earnings... More

Dollar General (DG) Declares $0.25 Quarterly Dividend; 1.1% Yield

August 25, 2016 6:56 AM EDT

Dollar General (NYSE: DG) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on September 28, 2016, to stockholders of record on September 14, 2016, with an ex-dividend date of September 12, 2016.

The annual yield on the dividend is 1.1 percent.

For... More

Dollar General (DG) Misses Q2 EPS by 1c; Approves $1B Common Stock Buyback Program

August 25, 2016 6:56 AM EDT

Dollar General (NYSE: DG) reported Q2 EPS of $1.08, $0.01 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $5.39 billion versus the consensus estimate of $5.5 billion.

Same-store sales increases were driven by positive results in the consumables category accompanied by... More