Dollar General Corporation Aktie

Dollar General Corporation für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A0YEES / ISIN: US2566771059

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01.10.2024 11:30:00

3 Things That Dollar General Bears Just Don't Get About the Company Right Now

There's no denying that Dollar General's (NYSE: DG) second quarter was just plain bad. Not only did its top- and bottom-line results fall short of analysts' expectations, but its same-store sales growth was anemic, and profits fell year over year. The company dialed back its full-year estimastes as well. The stock was duly punished for all of it.There are, however, a handful of details that Dollar General bears might also want to consider before deciding to stick with their pessimistic conclusions. Indeed, there are three standout reasons for investors to take a shot on Dollar General stock while it's deeply discounted.The discount retailer's top line did rise by 4.2% during the fiscal second quarter ended Aug. 2, but nearly all of that growth stemmed from new store openings. Same-store sales (revenue from stores open for at least one full year) rose only 0.5%. For comparison, Walmart (NYSE: WMT) reported same-store sales growth of 4.2% for the comparable quarter, while Target's (NYSE: TGT) growth was 2%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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