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Dollar General Corp (DG.N)

DG.N on New York Stock Exchange

101.98USD
19 Jan 2018
Change (% chg)

$0.95 (+0.94%)
Prev Close
$101.03
Open
$101.53
Day's High
$102.08
Day's Low
$100.91
Volume
532,247
Avg. Vol
597,981
52-wk High
$102.08
52-wk Low
$67.55

Latest Key Developments (Source: Significant Developments)

Dollar General Announces Plans To Build New Distribution Center In Longview, Texas
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Dollar General Corp ::DOLLAR GENERAL ANNOUNCES PLANS TO BUILD NEW DISTRIBUTION CENTER AND CREATE APPROXIMATELY 400 NEW JOBS IN LONGVIEW, TEXAS.DOLLAR GENERAL CORP SAYS CONSTRUCTION SHOULD BEGIN IN EARLY 2018.  Full Article

Dollar General- Anticipate 75% Of U.S. Population Will Be Within 5 Miles Of A Dollar General By FY2017 End
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Dollar General Corp ::ON CONF CALL - OUR STORES HAVE AN AVERAGE BASKET OF ABOUT 5 ITEMS AND AN AVERAGE TICKET OF ABOUT $12.ANTICIPATE THAT 75% OF U.S. POPULATION WILL BE WITHIN 5 MILES OF A DOLLAR GENERAL BY THE END OF FISCAL 2017.DOLLAR GENERAL - BELIEVE HAVE OPPORTUNITY TO EXPAND COOLER DOORS TO OFFER MORE PERISHABLE FOODS, ICE CREAM, SINGLE-SERVE DRINKS AND COLD BEER.DOLLAR GENERAL - IN 2018, PLAN TO EXPAND ELECTRONIC ARTICLE SURVEILLANCE TO AN INCREMENTAL 5,000 STORES.  Full Article

Dollar General Corp Reports Q3 Earnings Per Share $0.93
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Dollar General Corp ::ORATION REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.93.Q3 SAME STORE SALES ROSE 4.3 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.94 -- THOMSON REUTERS I/B/E/S.Q3 SALES $5.9 BILLION VERSUS I/B/E/S VIEW $5.8 BILLION.SEES FY 2017 GAAP EARNINGS PER SHARE $4.37 TO $4.47 INCLUDING ITEMS.SEES FISCAL 2017 GAAP DILUTED EARNINGS PER SHARE $4.37 TO $4.47, COMPARED TO PRIOR GUIDANCE RANGE OF $4.35 TO $4.50.SEES FISCAL 2017 NET SALES GROWTH OF APPROXIMATELY SEVEN PERCENT.SEES FISCAL 2017 SAME-STORE SALES GROWTH OF APPROXIMATELY 2.5 PERCENT.SHARE REPURCHASES FOR FISCAL 2017 CONTINUE TO BE FORECASTED AT APPROXIMATELY $450 MILLION.FOR FISCAL 2017, COMPANY CONTINUES TO PLAN TO OPEN APPROXIMATELY 1,285 NEW STORES.SEES FISCAL 2017 CAPITAL EXPENDITURES BETWEEN $700 MILLION AND $750 MILLION.AS OF NOVEMBER 3, 2017, TOTAL MERCHANDISE INVENTORIES, AT COST, WERE $3.60 BILLION COMPARED TO $3.49 BILLION AS OF OCTOBER 28, 2016.FY2017 EARNINGS PER SHARE VIEW $4.39, REVENUE VIEW $21.97 BILLION -- THOMSON REUTERS I/B/E/S.- QTRLY DILUTED EARNINGS PER SHARE OF $0.93, INCLUDED AN ESTIMATED $0.05 HURRICANE-RELATED NET NEGATIVE IMPACT.  Full Article

Appaloosa LP cuts share stake in BofA, dissolves share stake in Wells Fargo and Activision Blizzard
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - APPALOOSA LP:Appaloosa LP dissolves share stake in Activision Blizzard Inc - SEC filing.Appaloosa LP cuts share stake in Bank Of America Corp by about 28 percent to 6.3 million shares.Appaloosa LP raises share stake in Boston Scientific Corp by about 66 percent to 3.8 million shares.Appaloosa LP dissolves share stake in L Brands Inc.Appaloosa LP dissolves share stake in Wells Fargo.Appaloosa LP cuts share stake in Dollar General Corp by 36 percent to 599,264 shares.Appaloosa LP raises share stake in NRG Energy Inc to 8.4 million shares from 1.3 million shares.Appaloosa LP - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2zJRjl2).Source text for quarter ended June 30, 2017: (http://bit.ly/2uWm5mq).  Full Article

Long Island Iced Tea Corp announces strategic partnership test with Dollar General
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Long Island Iced Tea Corp :Long Island Iced Tea Corp announces strategic partnership test with Dollar General.‍is currently in testing phase of a strategic partnership with Dollar General Corporation​.‍Long Island Iced Tea is currently being carried at 97 dollar general market stores located in various U.S. States ​.‍co and Dollar General began testing phase in mid-June​.  Full Article

Dollar General Director Michael Calbert reports open market purchase of 13,000 shares of co's common stock
Thursday, 1 Sep 2016 

Dollar General Corp :Director michael calbert reports open market purchase of 13,000 shares of co's common stock at average price of $75.53per share on aug 30-filing.  Full Article

Dollar General says taken retail price reductions of 10% on average on about 450 SKUs across 2,200 stores
Thursday, 25 Aug 2016 

Dollar General : Q2 greater than anticipated headwind from price deflation across key perishable items, retail prices down about 8% for milk and over 50% for eggs . Estimate headwinds from price deflation and reduction in snap benefits negatively impacted q2 same-store sales by about 60-70 basis points . A greater proportion of q2 sales growth came from consumables which carries a lower margin than non-consumables . Cfo- will refresh price investments in coming quarters to drive traffic and capture marketshare . Anticipate taking q3 charge of about $0.02 to $0.03 per share to relocate 40 dollar general locations into sites bought from wal-mart . Making aggressive pricing, labor and marketing investments in designated market areas to improve same-store sales and market share . Taken retail price reductions on average of 10% on about 450 of best-selling SKUs across 2200 stores representing nearly 17% of store base . Targeted price investments are in high household penetration fast-turning categories, also investing in communicating price breaks to consumers . "believe cumulative effect of macroeconomic factors such as reduction in snap participation and benefit levels and increased housing, healthcare expenses taking toll on (consumer) spending" . Ceo- " have the wherewithal to do (price investment) on our P&L" . Dg16 store layout is being used for all new stores, sales performance in stores using the DG16 layout exceeding our expectations.  Full Article

Dollar General sees EPS cut of about $0.02-$0.03 in Q3
Thursday, 25 Aug 2016 

Dollar General: Dollar General sees reduction of about $0.02 to $0.03 in diluted EPS during Q3 2016, primarily related to closed store lease obligations . Dollar General sees reduction due to expenses resulting from purchase of 41 former Walmart express store locations .Forty of these acquired stores will serve as relocation sites for existing stores, and 37 of 41 purchased stores will offer fueling stations.  Full Article

Dollar General Q2 earnings per share $1.08
Thursday, 25 Aug 2016 

Dollar General Corp : Dollar general reports second quarter 2016 financial results . Q2 earnings per share $1.08 . Q2 same store sales rose 0.7 percent . Q2 earnings per share view $1.09 -- Thomson Reuters I/B/E/S . Q2 sales $5.39 billion versus i/b/e/s view $5.5 billion . Confirms 2016 full year diluted eps guidance of 10% to 15% growth . Board of directors approves incremental $1.0 billion share repurchase authorization . Capital expenditures for fiscal 2016 are now expected to be in range of $580 million to $630 million . As of july 29, 2016, total merchandise inventories, at cost, were $3.27 billion compared to $3.03 billion as of july 31, 2015 .Fy earnings per share view $4.64 -- Thomson Reuters I/B/E/S.  Full Article

Dollar General Corp to establish commercial paper program
Wednesday, 3 Aug 2016 

Dollar General Corp : Entered definitive documentation to establish commercial paper program under which co may issue unsecured commercial paper notes .May issue notes from time to time in an aggregate amount not to exceed $1 billion outstanding at any time.  Full Article

BRIEF-Dollar General Announces Plans To Build New Distribution Center In Longview, Texas

* DOLLAR GENERAL ANNOUNCES PLANS TO BUILD NEW DISTRIBUTION CENTER AND CREATE APPROXIMATELY 400 NEW JOBS IN LONGVIEW, TEXAS