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

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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

Pre-Open Stock Movers 12/01: (BSTG) (BLUE) (CLC) Higher; (ARDM) (HTBX) (PTN) Lower (more...)

December 1, 2016 9:28 AM EST

Today's Pre-Open Stock Movers

Aradigm Corporation (Nasdaq: ARDM) 61.8% LOWER; announced top-line results from its two Phase 3 clinical trials (ORBIT-3 and ORBIT-4) evaluating the safety and efficacy of Pulmaquin®, the Companys investigational proprietary formulation of once daily ciprofloxacin for inhalation, in patients with non-cystic fibrosis bronchiectasis (non-CF BE) with chronic lung infections with... More

Lower grocery prices, food stamp cuts hit Dollar General results

December 1, 2016 7:33 AM EST

By Sruthi Ramakrishnan

(Reuters) - Discount retailer Dollar General Corp (NYSE: DG) reported a surprise drop in quarterly comparable sales and tempered its full-year profit forecast, hit by lower grocery prices and reduced food stamp coverage in several U.S. states.

The company's shares were down 7.3 percent at $71.67 in morning trading on Thursday.

Food prices have fallen in the past few months due to low commodity prices and intense competition, resulting in aggressive price cuts by Wal-Mart Stores Inc (NYSE: WMT) and other food retailers.

... 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

Stocks with Implied Volatility Movement

December 1, 2016 5:15 AM EST

Dollar General (NYSE: DG) implied volatility at upper end of index mean range

... More

Trading Radar for 12/1: Kroger (KR), Express (EXPR), Ambarella (AMBA), Smith & Wesson (SWHC) Report

November 30, 2016 3:46 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 253kContinuing Claims - no Street consensus

Earnings:

Christopher & Banks (NYSE:... More

Dollar General Corp (DG) volatility increases into Q3 outlook

November 30, 2016 12:46 PM EST

Dollar General (NYSE: DG) December weekly call option implied volatility is at 113, December is at 51; compared to its 52-week range of 18 to 37 into the expected release of Q3 results on December 1.

... More

Stocks with Implied Volatility Movement

November 30, 2016 5:15 AM EST

Dollar General (NYSE: DG) implied volatility at upper end of index mean range

... More