Citi Downgrades Dollar General (DG) to Neutral, 'Risk/Reward More Balanced at Current Levels'
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Dollar General (DG) a 'Crowded Long,' Downgraded by Citi
July 14, 2022 11:08 AM EDTCiti analyst Paul Lejuez downgraded Dollar General (NYSE: DG) from Buy to Neutral in a note to investors Thursday, maintaining a $258 per share price target on the stock.
The stock is within 4% of Citi's price target. Lejuez wrote that although the company... More
Dollar General (DG) Chief Executive Vasos to Retire, COO Owen to Take Over
July 12, 2022 1:32 PM EDTDollar General (NYSE: DG) Chief Executive Todd Vasos will retire from his position effective November 1, the company announced Tuesday.
Vasos served as Dollar General's Chief Executive Officer and as a member of the Companys Board of Directors since June 2015, expanding its store base by approximately 7,000 and adding nearly 60,000 net new jobs. In addition, Dollar General... More
Dollar General (DG) Announces CEO Retirement, Appoints Jeffery Owen as Successor
July 12, 2022 6:41 AM EDTDollar General Corporation (NYSE: DG) today announced Todd Vasoss decision to retire from his position as Chief Executive Officer (CEO) effective November 1, 2022. Additionally, the Companys Board of Directors approved the promotion of Jeffery Owen, its Chief Operating Officer since 2019, to succeed Vasos as CEO effective immediately following Vasoss retirement from the CEO role.
To assist in the transition of leadership, Vasos is expected to serve in a senior advisory position beginning November 1, 2022, and continuing through April 1, 2023, at which time Vasos will retire from employment with the Company. Vasos is expected to enter... More
