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Fly News Breaks for August 28, 2015
DG
Aug 28, 2015 | 08:19 EDT
Goldman said Dollar General reported Q2 earnings above consensus but slightly light same-store-sales. The firm said second half gross margin expansion is intact, more than offsetting planned labor investments. Goldman said the combination of stability, growth, and high ROIC is not reflected in valuation and reiterates its Conviction Buy rating and $88 price target.
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