Latest news with #DG
Globe and Mail
9 hours ago
- Business
- Globe and Mail
Buy, Hold or Sell Dollar General? Key Tips Ahead of Q1 Earnings
As Dollar General Corporation DG prepares to release its first-quarter fiscal 2025 earnings results on June 3, before the opening bell, investors face a critical decision: Is now the time to buy, hold or sell the stock? The impending report could be a turning point, offering insight into whether the discount retailer's turnaround strategy is gaining traction. DG is likely to have registered an increase in the top line. The Zacks Consensus Estimate for revenues is pegged at $10.29 billion, which indicates an improvement of 3.8% from the prior-year reported figure. However, the company is expected to have witnessed a year-over-year decrease in its bottom line. Although the Zacks Consensus Estimate has increased by a penny over the past 30 days to $1.47 per share, it still suggests a decline of 10.9% from the year-ago period. Dollar General has a trailing four-quarter negative earnings surprise of 1.2%, on average. In the last reported quarter, the company's bottom line beat the Zacks Consensus Estimate by a margin of 12%. (See the Zacks Earnings Calendar to stay ahead of market-making news.) Dollar General Corporation Price, Consensus and EPS Surprise Dollar General Corporation price-consensus-eps-surprise-chart | Dollar General Corporation Quote What the Zacks Model Predicts for DG As investors prepare for Dollar General's first-quarter announcement, the question looms regarding earnings beat or miss. Our proven model predicts that an earnings beat is likely for Dollar General this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here. You can see the complete list of today's Zacks #1 Rank stocks here. Dollar General has an Earnings ESP of +2.64% and carries a Zacks Rank #3. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Factors to Note Ahead of DG's Q1 Earnings Dollar General's strategic push to grow its market share in the consumables and non-consumables categories underscores its competitive pricing and strong value proposition, which resonate well with budget-conscious consumers. Proactive pricing strategies, targeted promotions and the ongoing expansion of private-label offerings are expected to have supported top-line growth. We remain optimistic about several key initiatives, including DG Fresh, SKU rationalization, digitization and the expansion of the private fleet, which are likely to have contributed to improvements in same-store sales. The company's 'back-to-basics' approach has helped reinforce operational discipline, while efforts to reduce shrinkage are already delivering measurable gains. For the quarter under review, we project a 0.8% increase in same-store sales. The same-day delivery pilot program is expected to have driven incremental sales by providing additional convenience for shoppers. Furthermore, the company's partnership with DoorDash is likely to have helped capture digital sales. These factors, combined with increased foot traffic, are expected to have boosted revenues in the quarter. Despite these strategic moves, Dollar General guided a challenging first half of fiscal 2025 due to upfront costs associated with remodeling projects and increased labor-related expenses. Management projected earnings per share (EPS) to decline on a year-over-year basis during this period. We expect SG&A expenses, as a percentage of net sales, to deleverage 90 basis points. As a result, we foresee an operating margin contraction of 70 basis points. Dollar General Stock Performance Shares of Dollar General have rallied 35.3% over the past three months, outperforming the industry's 0.2% growth. The stock has also outpaced key competitors, including Dollar Tree, Inc. DLTR, Target Corporation TGT and Costco Wholesale Corporation COST. While Dollar Tree has seen a gain of 31.2%, Costco and Target have declined 0.6% and 22.2% during the same period. Does DG Present a Strong Case for Value Investing? Dollar General is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 16.84. This valuation reflects a discount compared to the industry's average of 33.73 and the S&P 500's P/E of 21.71. However, the stock appears overvalued compared to its median P/E level of 13.62, observed over the past year. Dollar General is trading at a premium to Target (with a forward 12-month P/E ratio of 12.03) and Dollar Tree (16.71) but at a discount to Costco (53.65). How to Play Dollar General Stock Now: Buy, Hold or Sell? Given the ongoing turnaround efforts and encouraging early signs of operational discipline, Dollar General seems to be on the right track, though challenges remain. While near-term margin pressures and earnings pressure necessitate caution, the underlying fundamentals and strategic initiatives indicate potential for gradual recovery. For now, current investors may consider holding the stock, meanwhile, potential investors may wait for stronger evidence of margin stabilization before initiating a position. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. 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 Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report
Business Recorder
4 days ago
- Business
- Business Recorder
PASSCO: Minister ‘uncovers' nearly Rs1bn corruption
ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain on Thursday revealed that corruption amounting to nearly Rs1 billion had been committed within the Pakistan Agricultural Storage and Services Corporation (PASSCO) during wheat procurement operations last year (2024–25). The minister, while briefing the Senate Standing Committee on National Food Security, stated that investigations had confirmed large-scale embezzlement within the state-run procurement body. In response to a query by committee chairman Senator Syed Masroor Ahsan, Hussain disclosed that the federal government, under directives from Prime Minister Shehbaz Sharif, has decided to dissolve PASSCO and establish a new institution in its place. Officials from PASSCO briefed the committee on wheat procurement activities, noting that the target for the year 2024-25 had been set at 1.8 million tons, of which, 1.785 million tons were successfully procured. They further informed the committee that as of April 28, 2025, the organisation holds wheat stocks amounting to approximately 2.43 million metric tons. However, no procurement target for 2025 has yet been issued by the federal government. Addressing the corruption issue, PASSCO officials said investigations had been initiated against 249 employees, including two senior general managers. Disciplinary actions included the termination of one officer, forced retirement of another, and withholding of salary increments for two others. Concerns were also raised over wheat stock conditions in Balochistan. Senator Danesh Kumar warned of an impending crisis if wheat procurement is not undertaken promptly, noting that some stocks in the province have already spoiled. Minister Hussain confirmed the deterioration of certain wheat stocks in Balochistan. The committee was briefed on the alarming spread of counterfeit seeds in the country. The director general (DG) Federal Seed Certification and Registration Department (FSC&RD) informed the committee about ongoing actions against companies and officials involved in the sale of fake seeds, which pose a serious threat to food security. The DG told the committee that following the third-party audits, out of 1,200 registered seed companies registered, nearly 400 companies were found involved in selling fake seeds and their registrations been cancelled. Between 2020 and 2024, over 2,700 challans were issued to fake seed sellers, he said. He said that efforts are underway to improve access to quality seeds, including the import of certified and hybrid seeds, particularly for cotton. The minister assured that visible improvements will be seen in the agriculture ministry's performance within six months. Senators Rahat Jamali, Abdul Waseh, Danesh Kumar and senior officials from the Ministry of National Food Security and Research also attended the meeting. Copyright Business Recorder, 2025
Yahoo
4 days ago
- Business
- Yahoo
Countdown to Dollar General (DG) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
The upcoming report from Dollar General (DG) is expected to reveal quarterly earnings of $1.47 per share, indicating a decline of 10.9% compared to the year-ago period. Analysts forecast revenues of $10.28 billion, representing an increase of 3.7% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. With that in mind, let's delve into the average projections of some Dollar General metrics that are commonly tracked and projected by analysts on Wall Street. The combined assessment of analysts suggests that 'Net Sales by Category- Consumables' will likely reach $8.61 billion. The estimate indicates a year-over-year change of +4.9%. Analysts' assessment points toward 'Net Sales by Category- Seasonal' reaching $983.31 million. The estimate suggests a change of +2.1% year over year. Analysts expect 'Net Sales by Category- Home products' to come in at $489.95 million. The estimate suggests a change of +2.3% year over year. Analysts forecast 'Net Sales by Category- Apparel' to reach $265.02 million. The estimate points to a change of +1.6% from the year-ago quarter. The consensus among analysts is that 'Ending store count' will reach 20,670. Compared to the present estimate, the company reported 20,149 in the same quarter last year. The average prediction of analysts places 'Total selling square footage' at 157.55 Msq ft. The estimate compares to the year-ago value of 152.61 Msq ft. It is projected by analysts that the 'Store closings' will reach 82. The estimate compares to the year-ago value of 34. According to the collective judgment of analysts, 'New store openings' should come in at 157. Compared to the current estimate, the company reported 197 in the same quarter of the previous year. The collective assessment of analysts points to an estimated 'Net sales per square foot' of $65.17. The estimate compares to the year-ago value of $ all Key Company Metrics for Dollar General here>>>Over the past month, Dollar General shares have recorded returns of +4.4% versus the Zacks S&P 500 composite's +6.7% change. Based on its Zacks Rank #3 (Hold), DG will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> 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 Dollar General Corporation (DG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
5 days ago
- Health
- The Hindu
Haryana Health Department issues advisory to combat rising COVID-19 cases; 24 cases reported this month
Amid the rise in COVID-19 cases in Haryana, the State Health Department issued a 10-point advisory reiterating the need to remain vigilant, and ensure effective preparedness. Six fresh cases were reported on Wednesday, taking the total number of patients in the State to 24 this month so far. A total of 78 samples were taken on Wednesday. The number of active cases is 14, and no death has been reported so far. Chief Minister Nayab Singh Saini, after a meeting with the senior Health officials in Chandigarh, said there was no need to panic and the State was prepared to deal with any situation. The advisory, issued by Director General (Health) Manish Bansal, to the Civil Surgeons, directs them to set up Flu corners and ensure health preparedness in terms of availability of beds, isolation beds, oxygen, antibiotics and other drugs. It emphasises the need to sensitise and re-orient health staff by providing refresher training on COVID-19 signs, symptoms, management and guidelines. It also directs the district health officials to ensure availability of N-95 mask and Reagent kits. The DG directs the Civil Surgeons to monitor the patients in home isolation, especially the high-risk cases involving the elderly, pregnant women, children and those with comorbidities. It also stresses the need to create awareness regarding appropriate COVID-19 behaviour like adherence to respiratory and hand hygiene. 'District Surveillance Unit shall closely follow the trend of influenza-like illness (ILI) and severe acute respiratory infections (SARI) in the area, monitor the proportion of SARI cases among all ILI and SARI cases, and refer sufficient number of samples for testing as per revised surveillance strategy,' reads the advisory. It also seeks timely updating of the data and holding of meetings with the Indian Medical Association members for preparedness. Gurugram has reported the highest number of 11 cases in the State, followed by Faridabad (9), Karnal (3) and Yamunanagar (1).
Yahoo
6 days ago
- Business
- Yahoo
Telsey Advisory Raises PT on Dollar General (DG), Keeps Market Perform Rating
On May 27, Telsey Advisory Group increased the price target on Dollar General Corporation (NYSE:DG)'s stock to $100 from the prior target of $85. The firm kept its 'Market Perform' rating. Joseph Feldman, analyst at Telsey Advisory Group, emphasised the company's early benefits from strategic initiatives including store remodels, digital and media strategies, product assortment updates, and a Back to Basics approach. A busy shopping aisle filled with discounted items in a retail store. As per the analyst, such efforts can bolster Dollar General Corporation (NYSE:DG)'s performance amidst economic pressures on the core demographic of lower-income households. Over the medium term, the analyst believes that Dollar General Corporation (NYSE:DG) might evolve into a mature retailer, pivoting away from rapid expansion and moving towards improving in-store experiences and operational efficiency. Dollar General Corporation (NYSE:DG) believes that its Back to Basics work continues to resonate with customers, evidenced by increased customer satisfaction scores and strong market share gains. Entering 2025, the company is optimistic regarding the Pop Shelf banner and its opportunity to fuel improvements in sales results, given that the customers' feedback on the brand and shopping remains strong. Dollar General Corporation (NYSE:DG) plans to build on its strength to increase sales with the help of initiatives focused on brand partnerships and new and expanded categories. For FY 2025, it expects net sales growth of between ~3.4% - 4.4%. While we acknowledge the potential of DG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
