Latest news with #Do
Yahoo
16 hours ago
- Business
- Yahoo
Dollar General Stock Is Up More Than 30% in 2025. Time to Buy?
Dollar General's stock price has an undeniable correlation with one particular financial metric. This financial metric is in a good position to improve in coming years now that management has a better handle on operations. 10 stocks we like better than Dollar General › Shares of discount retail chain Dollar General (NYSE: DG) haven't been fun to hold in recent years. The stock plunged 45% in 2023 and followed that up with another 44% drop in 2024. But things may finally be looking up for shareholders. As of this writing, Dollar General stock is up 31% year to date, placing it among the best performers of the S&P 500 (SNPINDEX: ^GSPC) in 2025. One chart tells Dollar General's story. The stock was a strong performer in past years, thanks to sales growth, which led to increased earnings per share (EPS) -- its profits. But its EPS have dropped in recent years. The chart shows an undeniable correlation between Dollar General's EPS and its stock price. Dollar General will report financial results for its fiscal first quarter of 2025 on June 3. But its fourth-quarter EPS were down a whopping 53% year over year, leading to a 32% decline on a full-year basis. In other words, the company's profits were still going in the wrong direction as of the most recent financial report, even though its stock price is already starting to bounce back. If the stock price is correlated with the EPS, this is alarming. In other words, it's imperative that Dollar General's profits soon improve if the stock is going to sustain this rally. But first, investors should understand why profits slipped in the first place. Dollar General's bloated inventory was one of the biggest contributing reasons for its recent woes. In short, management simply stocked its stores with too much stuff. The chart shows a rapid inventory buildup in 2022, well exceeding revenue growth. Having too much stuff hurt Dollar General's profits in multiple ways. First, theft was easier. Stores also didn't have enough space, which led to more merchandise getting damaged. And now, Dollar General has been forced to discount items to sell them quicker. However, Dollar General has been getting this problem under control for over a year now. Theft (kindly referred to as "shrink" in the industry) is down, and management expects further improvements in 2025. And the chart shows that inventory levels are now approaching the expected trend line. If the situation is truly getting under control, then why were Dollar General's Q4 profits down so sharply? It turns out that management closed underperforming Dollar General stores and stores for its small pOpshelf brand. This had some one-time associated expenses. And while these expenses are real, Dollar General's profits would have been relatively stable year over year without this issue. In other words, it truly appears that the problem has stopped getting worse for Dollar General, putting it in a good position if it can build on its improvements. For its fiscal 2024, Dollar General had diluted EPS of $5.11 -- a sharp decline from diluted EPS of $10.68 in fiscal 2022. But for fiscal 2025, management expects the slide to stop. Granted, there's uncertainty with the forecast. But it's guiding for full-year EPS of $5.10 to $5.80. That represents nearly 14% growth in a best-case scenario. In fiscal 2026, Dollar General's management expects additional EPS growth of more than 10%. One thing that could hold Dollar General's profits back for now is the economy, but not for the reason one might think. The company just experienced all-time high sales in the past year, showing consumers still shop there as much as ever. But they're buying more food products than usual, which have lower profit margins. As long as the consumer is stretched thin and only buying essential food items, Dollar General's profit potential may be limited. But the forecast takes this into account. In other words, Dollar General's profits should improve in coming years in spite of the economy, due to operational improvements. Once the economy improves as well, that would simply point to an incremental profit opportunity. Earlier in 2025, Dollar General stock traded at its cheapest price-to-sales (P/S) valuation ever. And it still trades well below what's normal for this company. Supposing it's on the right track and its profit margins are poised to rebound, Dollar General stock is still quite cheap right now compared to its profit potential. Those who invest today are assuming management has a hold on the issues that have plagued its business in recent years, and that these stores stay relevant. Personally, I believe the worst is over, and it's back on a path for steady improvements, which is why I still believe that Dollar General stock is worth buying. Before you buy stock in Dollar General, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dollar General wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Jon Quast has positions in Dollar General. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Dollar General Stock Is Up More Than 30% in 2025. Time to Buy? was originally published by The Motley Fool 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

2 days ago
- Business
What's next for President Trump's tariffs after whiplash court rulings?
President Donald Trump's steepest tariffs fell into legal limbo this week, casting uncertainty over a major swath of the president's signature economic policy. The Trump administration could ultimately prevail in a court battle over the levies or seek other legal authorities to reimpose some of the tariffs, experts told ABC News, but a complete revival of the policy now faces formidable obstacles. Two separate federal courts invalidated far-reaching levies on dozens of countries unveiled in a Rose Garden ceremony that Trump had dubbed " Liberation Day." The rulings also struck down 30% tariffs imposed on China as well as a baseline 10% levy slapped on nearly all imports, among other measures. A federal appeals court moved to temporarily reinstate the tariffs on Thursday afternoon, however, keeping the levies in place while judges weigh the underlying legal justification. Here's what to know about what's next for Trump's tariffs and what happens to the tax revenue already paid, according to experts. High-stakes court battle The court rulings this week set off a legal battle over the tariffs that could stretch on for more than a year and make its way to the Supreme Court, experts told ABC News. The rulings against the levies in two federal courts – the U.S. Court of International Trade and the U.S. District Court in Washington, D.C. -- centered on Trump's unprecedented invocation of the International Economic Emergency Powers Act as a legal justification for tariffs. The 1977 law allows the president to stop all transactions with a foreign adversary that poses a threat, including the use of tools like sanctions and trade embargoes. But the measure does not explicitly permit tariffs, putting Trump in untested legal territory. "These are momentous actions to reverse a major initiative of the president of the United States," Alan Wolff, a former deputy director-general of the World Trade Organization, told ABC News. "It's a real loss for the White House." The temporary reinstatement of the tariffs allows the policy to continue as the legal fight plays out, but the ruling does not indicate how judges will weigh in on the merits of the case, Wolff added. "It doesn't change the circumstances in court all that much," Wolff said. "I'm sure the White House would like this to get straightened out as soon as possible." In a social media post, Trump slammed the judges at the U.S. Court of International Trade and touted the benefits of his tariff policy. "Where do these initial three Judges come from? How is it possible for them to have potentially done such damage to the United States of America? Is it purely a hatred of 'TRUMP?' What other reason could it be?" Trump said. The three-judge panel at the U.S. Court of International trade included one judge appointed by Ronald Reagan, one judge appointed by Barack Obama and one judge appointed by Trump himself. Trump added: "In this case, it is only because of my successful use of Tariffs that many Trillions of Dollars have already begun pouring into the U.S.A. from other Countries, money that, without these Tariffs, we would not be able to get. It is the difference between having a rich, prosperous, and successful United States of America, and quite the opposite." As of Wednesday, U.S. tariffs had generated about $68 billion in revenue so far this year, though only a portion of those funds owes to levies at risk of being struck down, according to a Politico analysis. The duration of the legal battle may depend on the rulings handed down from the two appeals courts handling each of the Trump administration's challenges, Patrick Childress, a former trade official under President Joe Biden and Trump, told ABC News. If the two appellate courts handed down opposing decisions, it would raise the likelihood that the case will take over a year and ultimately reach the Supreme Court, Childress said. But, he added, a pair of similar rulings at the appeals court level could fast-track resolution of the case. For now, the fate of the tariffs at issue remains highly unclear, even after the appeals court temporarily reinstated them, Childress added. "There's still a very similar amount of uncertainty," Childress said. New tariffs could draw on other legal authorities If the courts ultimately rule against Trump's tariffs, the White House may explore other legal authorities as a means of reviving some of the levies, experts said. In some cases, however, the alternative legal statutes would require time-consuming investigations at federal agencies and put limits on the scope of the levies. Section 301 of the Trade Act of 1974 allows the executive to invoke temporary tariff authority in response to an adverse trade policy taken up by another country. Trump's tariffs on a wide swath of Chinese goods during his first term relied on Section 301, which Biden invoked in service of tariffs of his own. The White House may use Section 301 to reimpose tariffs on Mexico, Canada and China over the nations' respective roles in the transport of fentanyl to the U.S., Childress said. But a wide-ranging invocation of Section 301 for tariffs on dozens of countries could pose administrative challenges, since each use of the measure requires a federal investigation of the alleged abuses, he added. "It wouldn't be impossible but it would require a lot of investigations," Childress said. The Trump administration is weighing the use of a separate provision of the Trade Act of 1974 to impose country-specific tariffs of up to 15% for 150 days, The Wall Street Journal reported. The White House could also expand its use of Section 232 of the Trade Expansion Act of 1962, which allows the executive to impose tariffs on a specific product if the Commerce Department deems foreign production a threat to national security. Trump already has invoked the measure to slap 25% tariffs on cars, steel and aluminum. Additional sector-specific tariffs may hit pharmaceuticals and semiconductor chips, according to recent comments from Trump. Companies may receive tax refunds Importers who have paid the tariffs at issue will receive government refunds if the levies fall victim to legal challenges, experts told ABC News. "Companies should get the money back if that's the result -- and it's a lot of money," Wolff said. The federal government will likely slow down the issuance of refunds until the legal cases are resolved, Childress said. "Importers who made the payments could be looking at one or even two years until those refunds get paid," Childress added. When seeking a refund, companies will need to provide detailed information about their imports, the date of shipment and where the products entered the U.S.


Chicago Tribune
3 days ago
- Entertainment
- Chicago Tribune
What to do in Chicago: Nikki Glaser, ‘Floating World' and a busy weekend for street festivals
The Queens: Expect three hours of hits as Patti LaBelle, Gladys Knight, Chaka Khan and Stephanie Mills command the stage at the United Center. The four R&B divas, who range in age from 68 to 81, demonstrate how they've earned their status over decades in the business. Maifest Chicago: Lincoln Square promises Gemütlichkeit — geniality — at its annual celebration of German heritage. Eat, drink beer and dance 'til your lederhosen snap. Do Division Street: Two stages programmed by The Empty Bottle and Subterranean are the draw for this West Town street fair, with Ax and the Hatchetmen among the headliners. Beyond the music, check out local artists, food trucks, fashion-forward sidewalk sales and a whole lineup of family fun including a petting zoo. Nikki Glaser: The comedian who went viral for her razor-sharp roast of Tom Brady brings her 'Alive and Unwell' tour to the Chicago Theatre for a four-show stand. If you've only seen her as host of the Golden Globes, now's your chance to see what she can really do. Windy City Hot Dog Fest: This four-year-old festival in Portage Park pits sausage against sausage, with 11 stands vying to be named top dog. Beyond all the hot dog eating — and yes, there also will be a contest to eat the most — the weekend will feature a dog parade (as in, canines) and live music. Porchfest Lakeview: Maybe you've heard of NPR's 'Tiny Desk Concerts.' Lakeview does it better. Watch local acts perform front-porch concerts throughout the neighborhood. Can't make it this weekend? Watch for another installment in Roscoe Village on Aug. 17. Chicago Puppet Lab Showcase: Get a glimpse of puppet theater works in progress, as eight Chicago artists take the stage. A offshoot of the Chicago International Puppet Theater Festival, the Chicago Puppet Lab will offer two programs featuring four artists each. 'Hokusai & Ukiyo-e — The Floating World': Promising an immersive experience that brings Japan's Shogun era to life, the Cleve Carney Museum of Art presents a 70-piece collection including paintings and woodblock prints by Hokusai and other masters of ukiyo-e. This is the first time this Chiossone Collection will be shown in the United States. 'Summer Camp': No s'mores here, but plenty of fun. The Siskel Film Center has put together a 10-film lineup of 'sweeping melodrama' and movies that are 'so bad they're actually brilliant.' It kicks off Sunday with Douglas Sirk's 'Written on the Wind' before winding its way through the Maysles brothers' classic documentary 'Grey Gardens,' the Joan Crawford biopic 'Mommie Dearest' and the Bette Davis humdinger 'Whatever Happened to Baby Jane?' Of course there's John Waters and the disastrously fantastic Liz Taylor flick 'Boom!' Chicago Botanic Garden Plant Giveaway: It's tomato season at the Chicago Botanic Garden's plant giveaway. Head to the Regenstein Fruit & Vegetable Garden to learn about featured plants — which this weekend will feature La Roma IV and Tomatoberry Garden tomatoes — and then take home a seedling. Plant giveaways run throughout the growing season, featuring a variety of herbs, vegetables and flowers.

Mint
3 days ago
- Politics
- Mint
Donald Trump says US court ruling on tariffs was wrong, political; hopes Supreme Court reverses ‘horrible' decision
US President Donald Trump said on Thursday that the US Court of International Trade's order to block import tariffs was "so wrong" and "so political." In a long post on TRUTH social media, Trump said, "Hopefully, the Supreme Court will reverse this horrible, Country threatening decision, QUICKLY and DECISIVELY." The US President's statement came as a federal appeals court temporarily reinstated the most sweeping of Trump's tariffs on Thursday. The fresh ruling by the appeals court's came a day after a US trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them. The United States Court of Appeals for the Federal Circuit in Washington said it was pausing the lower court's ruling to consider the government's appeal, and ordered the plaintiffs in the cases to respond by June 5 and the administration by June 9. Reacting to this, Trump said in the social media post, 'The US Court of International Trade incredibly ruled against the United States of America on desperately needed Tariffs but, fortunately, the full 11 Judge Panel on the U.S. Court of Appeals for the Federal Circuit Court has just stayed the order by the Manhattan-based Court of International Trade.' Trump slammed the judges who had blocked the tariffs in the first place saying, "Where do these initial three Judges come from? How is it possible for them to have potentially done such damage to the United States of America? Is it purely a hatred of 'TRUMP?' What other reason could it be?" "I am so disappointed in The Federalist Society because of the bad advice they gave me on numerous Judicial Nominations. This is something that cannot be forgotten! With all of that being said, I am very proud of many of our picks, but very disappointed in others. They always must do what's right for the Country!," Trump said. He said, 'The horrific decision stated that I would have to get the approval of Congress for these Tariffs. In other words, hundreds of politicians would sit around DC for weeks, and even months, trying to come to a conclusion as to what to charge other Countries that are treating us unfairly. If allowed to stand, this would completely destroy Presidential Power — The Presidency would never be the same! This decision is being hailed all over the World by every Country, other than the United States of America.' Trump contended that "radical Left Judges, together with some very bad people, are destroying America." "Under this decision, Trillions of Dollars would be lost by our Country, money that will, MAKE AMERICA GREAT AGAIN. It would be the harshest financial ruling ever leveled on us as a Sovereign Nation. The President of the United States must be allowed to protect America against those that, are doing it Economic and Financial harm. Thank you for your attention to this matter!," Trump said. Hailing his decision on global tariffs, Trump said, "...it is only because of my successful use of Tariffs that many Trillions of Dollars have already begun pouring into the USA from other countries, money that, without these Tariffs, we would not be able to get." "It is the difference between having a rich, prosperous, and successful United States of America, and quite the opposite," he said.

Yahoo
5 days ago
- Business
- Yahoo
Opera's new browser can code websites and games for you
Opera on Tuesday revealed a new browser, called Opera Neon, that will focus on AI workflows and performing tasks on your behalf, like shopping, filling out forms, and coding. The browser is currently behind a waitlist, but the company said users would have to subscribe to use it once it releases. Pricing details were not disclosed. Notably, Opera Neon browser features three new buttons on its sidebar: Chat, Do, and Make. Chat presents a chatbot interface with which you can search the web, get answers to your queries, and ask for more information about webpages you're browsing. Do uses the company's Browser Operator AI agent, which was announced in March. This AI agent is supposedly capable of performing tasks like filling forms or handling your trip bookings locally in the browser. The Make option is also notable, as Opera says it can create games, websites, snippets of code, reports and more with text prompts. The company said the AI workflows that enable this feature are performed through a virtual machine in the cloud, so Neon will work on tasks by itself even if you go offline, and users can run multiple tasks at the same time. All this sounds great on paper, but such AI apps often don't perform as well as they're said to. Plus, Opera is not the only company working on AI agents for browsers: The Browser Company teased an AI-powered browser last December that aims to have agents do stuff for you, and Google is working on projects that will return search results and even perform tasks using AI agents. This article originally appeared on TechCrunch at 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