Dollar General Corporation Reports Third Quarter 2016 Financial Results

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Street Watchdog Research Lowers Price Target on Dollar General (DG) to $55

December 5, 2016 7:16 AM EST

Street Watchdog Research lowered its price target on Dollar General (NYSE: DG) to $55 from $65 following the latest disappointing results.

"With the release of the companys disappointing third quarter financial statements last week, we unfortunately see much more downside for Dollar General. Consequently,... More

Jefferies Cuts Price Target on Dollar General (DG) Following 3Q

December 2, 2016 8:33 AM EST

Jefferies maintained a Hold rating on Dollar General (NYSE: DG), and cut the price target to $70.00 (from $72.00), following the company's 3Q earnings report. Management still believes its sluggish sales are rooted in a distressed lower income consumer, which is faced with rent and... More

Dollar General (DG) Misses Q3 EPS by 4c; Comps Light of Views; Sees FY16 EPS at Low-End of Growth Outlook

December 1, 2016 6:55 AM EST

(Updated - December 1, 2016 6:58 AM EST)

Dollar General (NYSE: DG) reported Q3 EPS of $0.89, $0.04 worse than the analyst estimate of $0.93. Revenue for the quarter came in at $5.32 billion versus the consensus estimate of $5.37 billion.

Comps fell 0.1 percent, versus a gain of 0.8 percent expected by analysts.

Financial Outlook

On March 10, 2016, the Company stated that it intended to update its diluted EPS guidance for the 53-weeks ending February 3, 2017 (fiscal 2016) only if the... More