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Globe and Mail
8 minutes ago
- Globe and Mail
Is Dollar General Quietly Winning With Its Remodel Strategy?
Dollar General Corporation 's DG remodel initiative may not have grabbed the headlines, but its financial and operational impact is harder to overlook. In the first quarter of fiscal 2025 alone, the company remodeled a staggering 1,227 stores — 668 through Project Elevate and 559 under Project Renovate. These efforts are part of a broader plan to execute approximately 4,885 real estate projects in 2025, including 2,000 Project Renovate and 2,250 Project Elevate remodels. While the cost of these upgrades is substantially lower than building new stores, Dollar General expects impressive first-year annualized comp sales lifts of 6-8% for Project Renovate and 3-5% for Project Elevate, converting the mature store base into a growth engine. What makes this remodel strategy powerful is its dual benefit — revitalizing aging stores and improving the in-store experience with category updates and merchandising enhancements. This boosts store productivity per square foot. Additionally, with remodels targeting nearly 20% of the store base each year, DG maintains a continuous refresh cycle without overextending capital. Dollar General's ability to complete most of these remodels by the third quarter also allows for extended sales benefits throughout the fiscal year. With improved shelf availability, leaner inventory and better store standards accompanying these remodels, the company is achieving significant operational improvements. With store construction costs up 40% since 2019, Dollar General's strategic pivot toward remodeling over rapid expansion appears well-calculated. If the early indicators hold, DG may be rewriting the playbook on how to grow without adding square footage. Dollar General's Price Performance, Valuation and Estimates Dollar General stock has rallied 50.4% over the past six months against the industry 's decline of 2.4%. The company has also comfortably outperformed key peers such as Target Corporation TGT and Costco Wholesale Corporation COST. During the same period, Target shares have declined 24.4%, while Costco has seen a 4.6% drop. Dollar General's forward 12-month price-to-earnings ratio of 17.60 reflects a lower valuation compared to the industry's average of 31.65. DG carries a Value Score of A. DG is trading at a premium to Target (with a forward 12-month P/E ratio of 13.28) but at a discount to Costco (47.31). The Zacks Consensus Estimate for Dollar General's current financial-year sales suggests year-over-year growth of 4.4%, while estimates for earnings per share imply a decline of 2.5%. Dollar General currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report
Globe and Mail
19 minutes ago
- Globe and Mail
CEO.CA's Inside the Boardroom: Revival Gold's C$29M Upsize: EMR Capital Entry and Dundee Doubles Down
Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - (" the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. Meet the Executive Shaping the Mining Landscape 'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy. We caught up with Hugh Agro, CEO of Revival Gold Inc.(TSXV: RVG) to discuss their remarkable financing progression that upsized from C$24 million to C$29 million with strategic investors EMR Capital and Dundee Corporation. With fresh capital in hand, Revival is focused on launching 50,000 feet of drilling across their Mercur project in Utah and the Beartrack-Arnett project in Idaho. #RevivalGold #MiningStocks #GoldStocks #ResourceStocks #SmallCap Cannot view this video? Visit: Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About The leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: Email: hello@ Website: Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Globe and Mail
38 minutes ago
- Globe and Mail
Bank of Canada holds key rate, says economy weathered tariffs better than expected
The Bank of Canada held its policy interest rate steady for the third consecutive time, noting that the Canadian economy has weathered U.S. tariffs better than expected while uncertainty remains pervasive. As widely anticipated, the central bank's governing council voted to keep the benchmark interest rate at 2.75 per cent, where it has been since March. Governor Tiff Macklem said there was a 'clear consensus' to hold the rate steady, but suggested the door remained open to additional rate cuts if needed. 'If a weakening economy puts further downward pressure on inflation and the upward price pressures from the trade disruptions are contained, there may be a need for a reduction in the policy interest rate,' he said, according to prepared press conference remarks. Live updates on the Bank of Canada's July interest rate decision The central bank is operating amid massive levels of uncertainty created by U.S. President Donald Trump's barrage of tariffs and attempt to rewrite the rules of global trade. Indeed, the rate decision lands only two days ahead of the Aug. 1 deadline Mr. Trump set to strike some sort of trade deal with Canada. He has since thrown doubt on whether that deadline will be met. As in April, the bank decided not to publish a central forecast in its quarterly Monetary Policy Report (MPR). Instead it outlined three potential scenarios for inflation and economic growth that depend on the trajectory of Mr. Trump's global trade war and Ottawa's ongoing negotiations with Washington. The deals Mr. Trump struck with Japan, the European Union and other trade partners in recent weeks have 'reduced the risk of a severe and escalating global trade war,' Mr. Macklem said. 'Unfortunatly, the tariffs in those agreements also suggest the United States is not returning to open trade,' he added. The 'current tariff scenario' outlined in the MPR, assumes existing U.S. levies on steel, aluminum and automobiles, as well as on goods that don't meet United States-Mexico-Canada (USMCA) rules of origin, remain in place – but don't get worse. In that scenario, the bank sees the Canadian economy contracting in the second quarter, but skirting an outright recession, while inflation remains around the bank's 2-per-cent target. In the 'de-escalation scenario' where Prime Minister Mark Carney is able to secure some tariff relief, economic growth picks up and price pressure ease. In the 'escalation' scenario, where Canada is hit by new sectoral tariffs and loses its USMCA tariff exemption, the economy enters a recession, with three quarters of negative growth, while inflation picks up. 'The lack of a conventional forecast does not impede our ability to take monetary policy decisions,' Mr. Macklem said. 'But the unusual degree of uncertainty does mean we have to put more weight on the risks, look over a shorter horizon than usual, and be ready to respond to new information.' Trade wars tend to push up prices, but also slow economic activity, which puts downward pressure on inflation over time. Without a clear sense of where the economy is heading, the bank has been watching economic data closely to see which way inflation and other economic indicators break. Annual consumer price index inflation came in at 1.9 per cent in June, although that number was artificially lowered by the cancellation of the consumer carbon price in the spring. Excluding taxes, inflation was 2.5 per cent while core inflation measures were around 3 per cent. Mr. Macklem said that 'underlying' inflation appears to be around 2.5 per cent, although he did not sound particularly worried about it. 'Boiling it all down, there are reasons to think that the recent increase in underlying inflation will gradually unwind,' he said. Meanwhile, the Canadian economy has been more resilient than many people expected earlier in the year when Mr. Trump started threatening the country. Some of this has to do with a surge in exports to the U.S. in the first quarter, as companies tried to get ahead of the levies. Tariffs have also bitten less than feared, thanks to the carve-out for USMCA-compliant goods, which has allowed the vast majority of Canadian exports, outside the aluminum, steel and auto industries, to continue to trade tariff free. Despite Mr. Trump's double-digit tariff threats, the Bank of Canada estimates that the current effective U.S. tariff rate on Canadian goods is around 5 per cent, up from effectively zero at the start of the year. The portion of goods that can enter the U.S. tariff-free should also continue to rise as more companies become compliant with USMCA rules of origin. The bank estimates that 95 per cent of Canadian exports should be able to become compliant over the coming two years. Still, the economic outlook remains concerning. The bank expects GDP to contract 1.5 per cent in the second quarter, as the surge in exports in the first quarter goes into reverse. Unemployment remains elevated, particularly in the tariff-affected sectors, and Canadian consumers and businesses are holding back on spending, the bank said. 'A number of economic indicators suggest excess supply in the economy has increased since January,' Mr. Macklem said. As the bank looks towards its next rate decision on Sept. 17, policy makers will be watching how much U.S. tariffs have reduced demand for Canadian goods and how this spills over into business investment, employment and household spending, Mr. Macklem said. They're also watching how quickly tariffs and increased supply chain costs are passed on to consumers as higher prices, and how this influences inflation expectations, he said. Mr. Macklem and Senior Deputy Governor Carolyn Rogers will hold a press conference at 10:30 a.m. ET.
