Group 1 - Dollar General Corp reported strong fourth-quarter earnings with earnings of $1.68 per share and revenue of $10.3 billion, exceeding Wall Street expectations [1] - The stock surged 6% to $79.35 following the earnings report, despite plans to close 96 general stores and 45 pOpshelf locations [1] - Options trading activity is significantly high, with 9,079 calls and 8,254 puts exchanged, which is triple the average daily volume [2] Group 2 - The most active options contracts are the March 80 call and March 75 put, with new positions being sold to open at the former [2] - Short sellers have decreased by nearly 18% over the past two reporting periods, representing 4.8% of the stock's total available float [3] - Dollar General's stock has rebounded into the black for 2025 after previously suffering a steep decline below $90 in late August, although it remains 50% lower year-over-year [3]

Dollar General (DG) Q4 2025 Earnings Call March 13, 2025 09:00 AM ET Company Participants Kevin Walker - Vice President of Investor RelationsTodd Vasos - CEOKelly Dilts - Executive VP & CFOKate McShane - Managing DirectorSimeon Gutman - Managing Director Conference Call Participants Matthew Boss - Equity Research AnalystZhihan Ma - Senior Research AnalystRupesh Parikh - Senior Equity Research AnalystSeth Sigman - Managing Director, Senior Equity Research AnalystRobert Ohmes - Analyst Operator Good morning. ...

Core Viewpoint - Dollar General reported quarterly earnings of $1.68 per share, exceeding the Zacks Consensus Estimate of $1.50 per share, but down from $1.83 per share a year ago, indicating a 8.2% year-over-year decline [1] Financial Performance - The company achieved revenues of $10.3 billion for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 0.44% and showing an increase from $9.86 billion year-over-year, representing a 4.3% growth [2] - Over the last four quarters, Dollar General has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Dollar General shares have declined approximately 1.3% since the beginning of the year, while the S&P 500 has decreased by 4.8% [3] - The current Zacks Rank for Dollar General is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.64 on revenues of $10.29 billion, and for the current fiscal year, it is $5.90 on revenues of $42.19 billion [7] - The estimate revisions trend for Dollar General is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Retail - Discount Stores industry, to which Dollar General belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Comparatively, Dollar Tree, another competitor in the same industry, is expected to report a year-over-year earnings decline of 14.5% in its upcoming results [9]

Dollar General (DG) Q4 2025 Earnings Call March 13, 2025 09:00 AM ET Company Participants Kevin Walker - Vice President of Investor RelationsTodd Vasos - CEOKelly Dilts - Executive VP & CFOKate McShane - Managing DirectorSimeon Gutman - Managing Director Conference Call Participants Matthew Boss - Equity Research AnalystZhihan Ma - Senior Research AnalystRupesh Parikh - Senior Equity Research AnalystSeth Sigman - Managing Director, Senior Equity Research AnalystRobert Ohmes - Analyst Operator Good morning. ...

Financial Performance - Fourth quarter net sales increased 4.5% to $10.3 billion compared to $9.9 billion in the fourth quarter of fiscal 2023[3] - Fiscal year net sales increased 5.0% to $40.6 billion compared to $38.7 billion in fiscal 2023[10] - Fourth quarter same-store sales increased 1.2%, while fiscal year same-store sales increased 1.4%[7] - Operating profit for the fourth quarter decreased 49.2% to $294.2 million, and fiscal year operating profit decreased 29.9% to $1.7 billion[6][13] - Diluted EPS for the fourth quarter decreased 52.5% to $0.87, and fiscal year diluted EPS decreased 32.3% to $5.11[9][15] - Net income for the year ended January 31, 2025, decreased to $1,125,253, representing 2.77% of net sales, down from $1,661,274 or 4.29% in 2024[38] - Operating profit for the quarter ended January 31, 2025, was $294,206, a decline of 49.1% from $579,654 in the same quarter of 2024[40] - Selling, general and administrative expenses for the year ended January 31, 2025, increased to $10,303,423, accounting for 25.37% of net sales, compared to 23.97% in 2024[38] - The gross profit margin for the year ended January 31, 2025, was 29.59%, down from 30.29% in 2024[40] - Interest expense for the year ended January 31, 2025, was $274,320, representing 0.68% of net sales, compared to 0.84% in 2024[38] Store Operations - The company plans to close 96 Dollar General stores and 45 pOpshelf stores as part of a store portfolio optimization review[17] - The company opened 725 new stores and remodeled 1,621 stores during fiscal 2024[19] - The company opened 725 new stores in the year ended January 31, 2025, bringing the total store count to 20,594, a net increase of 608 stores[42] - Dollar General has 20,594 stores across the U.S. and Mexico, providing a wide range of essential products[31] Future Outlook - For fiscal 2025, the company expects net sales growth in the range of approximately 3.4% to 4.4% and same-store sales growth in the range of approximately 1.2% to 2.2%[24] - Capital expenditures for fiscal 2025 are projected to be in the range of $1.3 billion to $1.4 billion[24] - The long-term financial framework targets net sales growth of approximately 3.5% to 4% and same-store sales growth of approximately 2% to 3% by 2026[25] - Future outlook includes potential challenges from economic factors such as inflation and changes in consumer spending patterns[28] - The company is focused on optimizing its store portfolio and expanding its market presence through new store development and international expansion initiatives[28] Asset and Liability Management - As of January 31, 2025, Dollar General's total assets increased to $31.13 billion from $30.80 billion as of February 2, 2024, reflecting a growth of approximately 1.1%[34] - The company's cash and cash equivalents rose to $932.58 million, up from $537.28 million, indicating a significant increase of 73.5%[34] - Merchandise inventories decreased to $6.71 billion from $6.99 billion, a decline of about 4.1%[34] - Total current liabilities increased slightly to $6.87 billion from $6.73 billion, representing an increase of approximately 2.1%[34] - Retained earnings grew to $3.41 billion, up from $2.80 billion, marking an increase of around 22%[34] - The company reported a current portion of long-term obligations of $519.46 million, down from $768.65 million, a decrease of approximately 32.4%[34] - Dollar General's long-term obligations decreased to $5.72 billion from $6.23 billion, a reduction of about 8.1%[34] Sales Performance - Net sales for the quarter ended January 31, 2025, increased by 4.5% to $10,304,498 compared to $9,858,514 for the same quarter in 2024[40] - Consumables sales for the year ended January 31, 2025, increased by 6.5% to $33,370,910 compared to $31,342,595 in 2024[40] - Cash provided by operating activities for the year ended January 31, 2025, was $2,996,064, an increase from $2,391,798 in 2024[38]

Summary of the 2025-2026 Share Buy-Back Programme Core Viewpoint The company VINCI is proposing a share buy-back programme for the period of 2025-2026, aimed at enhancing shareholder value through various strategic objectives, including employee share ownership plans, share cancellation, and market liquidity management. Group 1: Programme Details - The share buy-back programme allows for the purchase of up to 10% of the company's share capital over an 18-month period from April 17, 2025, to October 16, 2026 [4][27]. - The maximum purchase price per share is set at €150, with a total maximum amount of purchases authorized at €5 billion [4][11][22]. - The programme includes the possibility of using derivatives and recognizes the cost of any derivatives in the maximum amount authorized at the time they are put in place [2][4][29]. Group 2: Objectives of the Programme - The primary objectives include sales or transfers of shares to eligible employees and company officers, cancellation of shares, and ensuring market liquidity through a liquidity agreement [3][4][6]. - Additional objectives involve fulfilling obligations related to securities giving access to the company's share capital and implementing market practices accepted under current laws [6][7][10]. Group 3: Legal Framework and Governance - The programme is structured in compliance with the French Commercial Code and will be submitted for approval at the Shareholders' General Meeting on April 17, 2025 [9][18]. - The Board of Directors is granted full powers to execute the buy-back programme, including the ability to delegate these powers [15][16][19]. - The company will ensure that it does not exceed the buy-back ceiling of 10% of the share capital during the programme's term [23][24].

Core Points - VINCI SA has conducted share buybacks from March 03 to March 07, 2025, under the authorization from the General Meeting held on April 09, 2024 [2] - A total of 368,456 shares were repurchased during this period, with a daily weighted average price of €114.8202 [2] Summary by Category Share Buyback Transactions - On March 03, 2025, VINCI purchased a total of 76,256 shares across various markets, with prices ranging from €110.613290 to €111.294468 [2] - On March 04, 2025, the company bought 75,000 shares, with prices between €111.001970 and €111.114949 [2] - On March 05, 2025, VINCI acquired 72,570 shares, with prices from €117.278505 to €117.589726 [2] - On March 06, 2025, the total shares purchased were 71,700, with prices ranging from €118.232642 to €118.410253 [2] - On March 07, 2025, VINCI bought 68,100 shares, with prices between €116.830660 and €116.993464 [2] Market Performance - The share buybacks occurred across multiple markets, including XPAR, CEUX, AQEU, and TQEX, indicating a broad market engagement [2] - The highest daily weighted average price during the buyback period was €118.410253 on March 06, 2025 [2]

Group 1 - The company has a total share capital of €1,456,035,992.50 [1] - As of February 28, 2025, the total number of shares is 582,414,397 [1] - The theoretical number of voting rights is also 582,414,397, which includes treasury stock [1] - The number of voting rights excluding treasury stock is 561,925,228 [1] Group 2 - This information is disclosed on the company's website [2] - The disclosure falls under the section for investors and financial information [2] - The document is an attachment related to the monthly information concerning voting rights and shares [3]

Core Viewpoint - Dollar General is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending January 2025, which could significantly influence its stock price depending on the actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for March 13, 2025, with expectations of earnings per share (EPS) at $1.50, reflecting an 18% decrease year-over-year, while revenues are projected to be $10.26 billion, a 4.1% increase from the previous year [3][2]. - The consensus EPS estimate has been revised down by 3.2% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Dollar General is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.73%, which complicates the prediction of an earnings beat [10][11]. - The company holds a Zacks Rank of 3 (Hold), which further diminishes the likelihood of surpassing the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Dollar General was expected to post earnings of $0.96 per share but only achieved $0.89, resulting in a surprise of -7.29%. Over the past four quarters, the company has beaten consensus EPS estimates twice [12][13]. Industry Comparison - Dollar Tree, a competitor in the discount retail sector, is expected to report EPS of $2.18 for the same quarter, indicating a year-over-year decline of 14.5%, with revenues projected at $8.23 billion, down 4.7% from the previous year [17][18]. - Similar to Dollar General, Dollar Tree's consensus EPS estimate has been revised down by 0.1% in the last 30 days, leading to an Earnings ESP of -1.19% and a Zacks Rank of 3 [18].

Group 1 - VINCI SA conducted share buybacks from February 24 to February 28, 2025, under the authorization from the General Meeting held on April 09, 2024 [2][4] - A total of 420,669 shares were repurchased during this period, with an aggregated daily weighted average price of €109.9955 [2] - The transactions were executed across multiple markets, including AQEU, CEUX, TQEX, and XPAR, with varying volumes and prices each day [2][3] Group 2 - On February 24, 2025, VINCI purchased a total of 95,389 shares at prices ranging from €109.2540 to €109.3756 [2] - On February 25, 2025, the company bought 97,293 shares, with prices between €109.2516 and €109.4021 [2] - On February 26, 2025, VINCI acquired 76,359 shares, with prices from €110.4970 to €110.6819 [2] - On February 27, 2025, the total shares purchased were 76,628, with prices ranging from €110.3533 to €110.6998 [2] - On February 28, 2025, the company bought 74,000 shares, with prices between €110.7454 and €110.8030 [2]