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DG

Dollar General

$90.85

0.48 (0.53%)

06:57
12/07/17
12/07
06:57
12/07/17
06:57

Dollar General narrows FY17 GAAP EPS to $4.37-$4.47 from $4.35 -$4.50

FY17 consensus $4.51. Fiscal 2017 net sales growth of approximately seven percent, compared to its prior guidance range of five to seven percent growth, Fiscal 2017 same-store sales growth of approximately 2.5 percent, compared to its prior expectation that same-store sales would fall at the upper end of the range of slightly positive to up two percent, and Capital Expenditures between $700 million and $750 million, compared to its prior guidance range of $715 million to $765 million. Share repurchases for fiscal 2017 continue to be forecasted at approximately $450 million. FY17 revenue consensus $23.4B.

  • 07

    Dec

DG Dollar General
$90.85

0.48 (0.53%)

12/04/17
MOFT
12/04/17
INITIATION
MOFT
Neutral
Dollar General initiated with a Neutral at MoffettNathanson
12/04/17
UBSW
12/04/17
NO CHANGE
Target $99
UBSW
Buy
Dollar General price target raised to $99 from $85 at UBS
UBS analyst Michael Lasser raised his price target on Dollar General to $99 from $85 as he views the top and bottom line growth prospects as attractive. The analyst believes margin pressures likely moderated in Q3 and sees the macro backdrop and management initiatives as helping support the company's comps. Lasser reiterated his Buy rating on Dollar General shares.
11/20/17
MKMP
11/20/17
NO CHANGE
Target $96
MKMP
Buy
Dollar General price target raised to $96 from $83 at MKM Partners
MKM Partners analyst Patrick McKeever raised his price target on Dollar General (DG) to $96 and kept his Buy rating ahead of its December 7th earnings, saying both Dollar General and Dollar Tree (DLTR) saw significant comps improvement in the second quarter. McKeever expects more upside going into the holidays as a result of wage gains for the core dollar store customer. The analyst adds that he prefers Dollar General to Dollar Tree due to more attractive valuation as well as his view that its 2.5% SSS forecast may be conservative. McKeever is keeping the latter at Neutral while also raising its price target to $96 from $83.
11/16/17
11/16/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Pandora (P) upgraded to Outperform from Market Perform at BMO Capital with analyst Daniel Salmon saying that despite the lack of near-term catalysts, the market underappreciates longer-term factors. 2. Dollar General (DG) upgraded to Buy from Hold at Deutsche Bank with analyst Paul Trussell saying Dollar General's "long-term profit algorithm" will return in 2018. 3. RH (RH) upgraded to Buy from Neutral at Citi with analyst Geoffrey Small saying the company's initial outlook for 2018 alleviates concerns around the balance sheet and uncertainty regarding demand as the retailer backed off of elevated levels of sales and promotions. 4. Regions Financial (RF) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Ryan Nash saying he sees better than expected net interest margin, improving loan growth and increased capital returns helping Regions reach its efficiency goals in 2018. 5. DSW (DSW) upgraded to Positive from Neutral at Susquehanna with analyst Sam Poser citing momentum in the core women's business and well-controlled inventory levels, which suggest positive inflections are at hand. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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