Information Provided By:
Fly News Breaks for October 2, 2018
DG
Oct 2, 2018 | 08:00 EDT
Argus analyst Chris Graja kept his Hold rating on Dollar General but nudged his FY19 EPS view to $6.15 from $6.03. The analyst anticipates the company to grow its earnings by an annualized 11% over the next 5 years with a combination of opening new stores and continued offering of "everyday low prices". Graja also sees Dollar General successfully navigating the margin pressures by "managing the mix of consumable and discretionary merchandise, making promotions more effective, increasing the mix of higher-margin private brands". Longer term, the analyst keeps his Hold rating on the shares, stating that after a 35% rise in the stock price over the last 12 months, Dollar General is "near fair value".
News For DG From the Last 2 Days
There are no results for your query DG