Core Viewpoint - Dollar General and Dollar Tree are experiencing a rebound in stock prices due to turnaround strategies aimed at improving operational efficiency, with upcoming quarterly results anticipated by investors [1]. Group 1: Turnaround Strategies - Dollar General is implementing a "Back to Basics" strategy focusing on inventory management, store remodels, and reducing shrinkage to enhance operational efficiency and customer satisfaction [2]. - Dollar Tree plans to sell its struggling Family Dollar business to Brigade Capital for $1 billion, which is significantly lower than the original $8 billion purchase price, aiming to alleviate declining profitability and overhead costs [3]. Group 2: Performance Overview - Dollar General stock is currently trading 30% below its 52-week high of $141, while Dollar Tree shares are 25% below their one-year high of $121. Both stocks have rebounded over 20% year to date, with a surge of more than 30% in the last three months [4]. Group 3: Q1 Expectations - Dollar General's Q1 sales are projected to increase by 4% year over year to $10.29 billion, with an expected EPS decline to $1.47 from $1.65 a year ago. However, there is potential for Dollar General to surpass earnings expectations with a more accurate estimate of $1.51 [5]. - Dollar Tree's Q1 sales are expected to drop to $4.54 billion from $7.63 billion in the prior year, with earnings anticipated to decrease by 17% to $1.19 per share. The most accurate estimate suggests a potential EPS of $1.25, which is 5% above the Zacks Consensus [7][8]. Group 4: Valuation Comparison - Both Dollar General and Dollar Tree are trading at 17X forward earnings, which is a discount compared to the S&P 500 and the Zacks Retail-Discount Stores Industry average of 22X. They also trade under the optimal level of less than 2X sales [9]. Group 5: Investment Outlook - Both companies hold a Zacks Rank 3 (Hold) ahead of their Q1 reports, with future upside dependent on demonstrating a turnaround in operational efficiency and meeting or exceeding Q1 expectations [11][12].

French public limited company (société anonyme)with a share capital of €1,460,429,245.00Registered office : 1973, boulevard de la Défense92000 Nanterre – France552 037 806 RCS Nanterrewww.vinci.com DISCLOSUREOF THE NUMBER OF SHARES FORMING THE CAPITALAND OF THE TOTAL NUMBER OF VOTING RIGHTSAS OF 31 MAY 2025 Total number of shares584,171,698Theoretical number of voting rights (including treasury stock)584,171,698Number of voting rights (excluding treasury stock)561,517,947 This disclosure is on VINCI web sit ...

Core Viewpoint - VINCI SA has conducted share buybacks from May 26 to May 30, 2025, under the authorization granted by its General Meeting on April 17, 2025, in compliance with share buyback regulations [2]. Group 1: Share Buyback Transactions - Total shares purchased during the period amounted to 357,877 shares at an average price of €128.5617 [2]. - Daily transactions included: - May 26: 50,000 shares across multiple markets with average prices ranging from €129.3843 to €129.4141 [2]. - May 27: 70,000 shares with average prices between €129.0752 and €129.1468 [2]. - May 28: 80,000 shares with average prices from €128.1224 to €128.1477 [2]. - May 29: 80,000 shares with average prices from €128.5802 to €128.6137 [2]. - May 30: 77,878 shares with average prices from €127.8821 to €127.9645 [2]. Group 2: Regulatory Compliance - The transactions are reported in accordance with Article 5 (1) (b) of Regulation (EU) No 596/2014 concerning market abuse [3]. - Detailed information regarding these transactions is available on the VINCI website [3].

Core Insights - VINCI Construction has completed the acquisition of Peters Bros Construction Ltd, a paving company in British Columbia, Canada, which reported an annual revenue of approximately CAD 90 million in 2024 [1][6]. Company Overview - Peters Bros Construction, founded in 1981, is based in the Okanagan Valley and employs around 140 people during peak season, primarily operating in the BC interior region [2][6]. - The acquisition will enhance VINCI Construction's presence in Western Canada, where it already has operations in Vancouver, Alberta, and Saskatchewan, facilitating greater synergies and operational capabilities [3][6]. Market Context - The population of British Columbia is projected to grow by 50% by 2046, indicating a rising demand for road infrastructure, which the acquisition aims to support [3].

Core Insights - Dollar General has experienced a significant stock price increase of approximately 30% over the past three months, rising from around $85.00 to about $97.00 [1] - The company is implementing a "Back to Basics" strategy aimed at addressing past operational challenges and focusing on growth [2][11] - Analysts are increasingly optimistic about Dollar General's turnaround, with several firms raising their price targets for the stock [6][8] Strategy and Operational Improvements - The "Back to Basics" strategy includes smarter inventory management, enhancing the shopping experience through store remodels, and controlling shrinkage to protect profitability [3][4] - Dollar General aims to increase operating margins to 6-7% by 2028 or 2029, up from 4.2% reported in Fiscal 2024 [5] - The company plans to expand its fresh food offerings and open 575 new stores in the U.S. and up to 15 in Mexico in Fiscal 2025 [7] Financial Outlook - The current price-to-earnings (P/E) ratio is around 16, with a forward P/E of about 17, indicating potential value for investors if the turnaround is successful [9] - UBS Group and other analysts have raised their price targets for Dollar General, reflecting growing confidence in the company's future performance [8] Upcoming Events - The first-quarter Fiscal 2026 earnings report, expected around June 3, 2025, will be crucial in validating the turnaround narrative and building investor confidence [10][16]

Core Viewpoint - Dollar General's stock has experienced significant volatility, with a 45% drop in 2023 and a further 44% decline in 2024, but has shown a recovery with a 31% increase year-to-date in 2025, making it one of the best performers in the S&P 500 [1] Financial Performance - Dollar General's earnings per share (EPS) have seen a sharp decline, with a 53% drop year-over-year in Q4 and a 32% decline for the full fiscal year [4][5] - The company reported diluted EPS of $5.11 for fiscal 2024, down from $10.68 in fiscal 2022, but management expects EPS to stabilize in fiscal 2025 with a forecast of $5.10 to $5.80, indicating potential growth of nearly 14% in a best-case scenario [13] Inventory Issues - A significant factor in the decline of profits has been the excessive inventory levels, which led to increased theft, damage to merchandise, and the need for discounts to clear stock [7][9] - Management has been addressing inventory issues, with theft decreasing and inventory levels approaching expected trends [10] Store Closures and One-Time Expenses - The sharp decline in Q4 profits was partly due to one-time expenses associated with closing underperforming stores, which would have otherwise resulted in relatively stable profits year-over-year [11] Economic Context - Despite high sales figures, the shift towards lower-margin food products due to economic pressures may limit profit potential [14] - Operational improvements are expected to enhance profits in the coming years, with additional growth anticipated once the economy improves [15] Valuation and Investment Potential - Dollar General's stock is currently trading at its lowest price-to-sales (P/S) valuation ever, suggesting it is undervalued relative to its profit potential [15] - If management can maintain control over past issues, the stock presents a buying opportunity as it is positioned for steady improvements [17]

Core Insights - Dollar General (DG) is expected to report quarterly earnings of $1.47 per share, reflecting a decline of 10.9% year-over-year, while revenues are forecasted to reach $10.28 billion, an increase of 3.7% year-over-year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Key Metrics Projections - Analysts project 'Net Sales by Category- Consumables' to reach $8.61 billion, indicating a year-over-year increase of 4.9% [4] - 'Net Sales by Category- Seasonal' is expected to be $983.31 million, reflecting a 2.1% year-over-year change [4] - 'Net Sales by Category- Home products' is estimated at $489.95 million, suggesting a 2.3% year-over-year increase [4] - 'Net Sales by Category- Apparel' is forecasted to be $265.02 million, indicating a 1.6% increase from the previous year [5] Store Metrics - The consensus for 'Ending store count' is 20,670, up from 20,149 in the same quarter last year [5] - 'Total selling square footage' is projected at 157.55 million square feet, compared to 152.61 million square feet a year ago [5] - 'Store closings' are estimated to reach 82, up from 34 in the previous year [6] - Analysts expect 'New store openings' to be 157, down from 197 in the same quarter last year [6] - 'Net sales per square foot' is estimated at $65.17, compared to $64.96 a year ago [6] Stock Performance - Over the past month, Dollar General shares have returned +4.4%, while the Zacks S&P 500 composite has changed by +6.7%, indicating that DG is likely to perform in line with the overall market [7]

Why Dollar General might struggle Dollar General (DG -0.45%) shares have risen by 33% this year (as of Tuesday afternoon), dwarfing the comparable performance of the S&P 500 index and its 0.5% gain. Despite the volatility and uncertainty of the economy, the discount retailer has become a bit of safe haven investment to hold on to this year. A big test for the retailer will come on June 3, when the company reports its latest earnings numbers. The stock could move quickly following the release of those number ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Dollar General (DG) reports results for the quarter ended April 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 3. On th ...

Nanterre, May 26th, 2025 Disclosure of transactions in on shares from May 19th to May 23rd, 2025 Within the framework of the authorization granted by the General Meeting of VINCI SA of April 17th 2025, to trade in its shares and in accordance with the regulations relating to share buybacks, VINCI SA (LEI:213800WFQ334R8UXUG83) declares the purchases of treasury shares below (FR0000125486), carried out from May 19th to May 23rd, 2025: I - Aggregate presentation by day and by market Issuer’s nameDate of tra ...