Value-oriented retailer Dollar General (DG 1.26%) has been through a rough patch since the COVID-19 pandemic began abating. After overestimating post-pandemic demand and clogging up stores with too much of the wrong inventory headed into 2023, the company has been booking heavy markdowns on tepid sales.Investors have shared in this struggle, too. From their late-2022 peak to last year's trough, Dollar General shares fell nearly 60%.There's a light at the end of the tunnel though. While overall sales still f ...

Key PointsDollar General and Dollar Tree issued different earnings reports that showed their core lower-income consumers remain under pressure.  The reports were different, but both companies issued cautious 2024 guidance. Both stocks feel fairly valued, but Dollar General seems to have fewer unanswered questions for consumers looking for possible upside if the economy improves in the second half of 2024.5 stocks we like better than Dollar GeneralThis week, Dollar General Inc. NYSE: DG and Dollar Tree Inc. ...

Dollar General is pulling back on self-checkout as it tries to curtail retail theft across its stores.  The company will remove self-checkout registers from 300 stores that have the biggest issue with shrink – an industry term referring to lost or stolen merchandise – during the first half of the year, CEO Todd Vasos told analysts on a Thursday earnings call. Currently, the company has self-checkout options available in more than 14,000 stores. However, it is deploying three initiatives to change its self-c ...

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink.This change follows a year in which the retailer saw an increased level of shrink, the company said in a Thursday (March 14) earnings release. Inventory shrink, or shrinkage, is the loss of goods, especially by theft.The company has self-checkout options available in more than 14,000 stores, Dollar General CEO Todd Vasos said Thursday during the com ...

Dollar General is pulling self-checkout options out of 300 stores.The dollar store is also getting employees involved again at thousands more.Theft and other losses spurred the about-face, Dollar General's CEO said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept ...

Dollar General Corporation (NYSE:DG) Q4 2023 Earnings Conference Call March 14, 2024 10:00 AM ET Company Participants Kevin Walker - VP of IR Todd Vasos - CEO Kelly Dilts - CFO Conference Call Participants Matthew Boss - JPMorgan Simeon Gutman - Morgan Stanley John Heinbockel - Guggenheim Partners Rupesh Parikh - Oppenheimer Kelly Bania - BMO Capital Markets Charles Grom - Gordon Haskett Corey Tarlowe - Jefferies Operator Good morning. My name is Robert and I'll be your conference operator today. At this t ...

Shares of Dollar General (DG -5.11%) rose early in Thursday's trading session, but then dropped fairly sharply. As of 12:52 p.m. ET, the discount retailer's stock was down by about 4.9% as the market digested the company's lackluster guidance for the coming year.The end of a challenging yearIn its fiscal 2023 (which ended on Feb. 2), Dollar General grew net sales by 2% to almost $39 billion. The top line was boosted by modest same-store sales growth of 0.2%, a notable drop-off from its same-store sales grow ...

Dollar General (DG) reported $9.86 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 3.4%. EPS of $1.83 for the same period compares to $2.96 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.78 billion, representing a surprise of +0.82%. The company delivered an EPS surprise of +5.17%, with the consensus EPS estimate being $1.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Key TakeawaysDollar General shares rose Thursday morning as the retailer reported fourth-quarter earnings that beat analyst estimates.Dollar General also said it plans to open about 800 new stores and remodel 1,500 existing locations over the next year.In October, Dollar General announced the return of CEO Todd Vasos less than a year after he retired following a seven-year run as the company's chief executive. Dollar General (DG) shares edged 0.8% higher in early trading Thursday after the release of fourth ...

Dollar General Corporation (DG) posted fourth-quarter fiscal 2023 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. However, net sales and earnings decline year over year.Let’s Delve DeeperQuarterly earnings came in at $1.83 per share, beating the Zacks Consensus Estimate of $1.74 per share but plunging 38.2% from the prior-year period’s levels.Net sales of $9,858.5 million fell 3.4% from the prior-year quarter. The decline can be attributed to one less week of sales coupled ...