Dollar General Corp. (NASDAQ: DG) Profit Outlook

Dollar General Corp. day trading at USD 190.94 per share, then rallying to 191.99 and closing at USD 191.32 per share. A net gain of 0.19% for the day. Long term pricing analysis shows the stock trading at 1.46% lower than it’s 52week high and -50.46% higher than the 52week low. The share volume traded for the day was 1,770K which was 0 times the 50 Day Average Volume.

Dollar General Corp. had a market cap of 48,159,420K as of 18th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $7.73

Dollar General Corp. is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of January 2020, Dollar General operates 16,278 stores in the continental United States.

Financial Results

Dollar General Corp. Reports First Quarter Of Fiscal 2020.

  • Net sales increased 27.6% to $8.4 billion in the first quarter of 2020 compared to $6.6 billion in the first quarter of 2019.
  • Gross profit as a percentage of net sales was 30.7% in the first quarter of 2020 compared to 30.2% in the first quarter of 2019, an increase of 49 basis points.
  • Selling, general and administrative expenses (“SG&A”) as a percentage of net sales were 20.5% in the first quarter of 2020 compared to 22.5% in the first quarter of 2019, a decrease of 204 basis points.
  • Operating profit for the first quarter of 2020 increased by 69.2% to $866.8 million compared to $512.2 million in the first quarter of 2019.
  • The effective income tax rate in the first quarter of 2020 was 22.2% compared to 20.8% in the first quarter of 2019.
  • The Company reported a net income of $650 million for the first quarter of 2020 compared to $385 million in the first quarter of 2019.
  • Diluted EPS increased 73.0% to $2.56 for the first quarter of 2020 compared to diluted EPS of $1.48 in the first quarter of 2019.

Dollar General Corp. (18th June 2020): The Institutional Ownership as of today stood at 94.32% and the Total Value of Holdings (millions) is $ 45,425.

New Institutional Holders and other activity – As of today, the total number of shares held is 237,427,399 by 1,085 institutional holders.

LATEST NEWS:

16-June-2020:- Two Sigma Advisers LP Decreases Holdings in Dollar General Corp. (NYSE: DG)

Two Sigma Advisers LP lowered its stake in Dollar General Corp. (NYSE: DG) by 42.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,015,300 shares of the company’s stock after selling 734,300 shares during the quarter.

13-June-2020:- Wellington Management Group LLP Buys 1,676,093 Shares of Dollar General Corp. (NYSE: DG)

Wellington Management Group LLP increased its holdings in shares of Dollar General Corp. (NYSE: DG) by 25,893.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,682,566 shares of the company’s stock after purchasing an additional 1,676,093 shares during the quarter.

13-June-2020:- Carman R. Wenkoff Sells 7,300 Shares of Dollar General Corp. (NYSE: DG) Stock

Dollar General Corp. (NYSE: DG) EVP Carman R. Wenkoff sold 7,300 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $190.13, for a total transaction of $1,387,949.00. Following the completion of the transaction, the executive vice president now owns 12,922 shares in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *