Dollar General Corp DG reported better-than expected fourth-quarter earnings. The following are the comments from analysts for the same.Piper Sandler analyst Peter Keith reiterated a Neutral rating on the shares and raised the price target from $79 to $81.DG reported fourth-quarter earnings per share of $0.87, which included a charge of $0.81 related to its store portfolio review and closures. Excluding these charges, the company would have exceeded consensus expectations of $1.51, said the analyst.The comp ...

Group 1 - Dollar General Corporation reported fourth-quarter sales growth of 4.5% year-on-year to $10.304 billion, exceeding analyst expectations of $10.264 billion [1] - The company's EPS of $0.87 fell short of the consensus estimate of $1.51 [1] - CEO Todd Vasos expressed satisfaction with the underlying performance of the business, highlighting improved execution and solid top-line results [1] Group 2 - As part of a store portfolio optimization review, Dollar General plans to close 96 Dollar General stores and 45 pOpshelf stores, while converting six pOpshelf stores to Dollar General stores in Q1 of fiscal 2025 [2] - The company anticipates FY25 sales growth of 3.4% to 4.4% and same-store sales growth of 1.2% to 2.2% [2] - FY25 EPS is projected to be between $5.10 and $5.80, compared to an estimate of $5.85, with capital expenditure expected to be between $1.3 billion and $1.4 billion [2] Group 3 - Dollar General shares increased by 6.8%, closing at $79.95 following the earnings announcement [3] - Analysts adjusted their price targets for Dollar General after the earnings report [3] Group 4 - Piper Sandler analyst Peter Keith maintained a Neutral rating on Dollar General and raised the price target from $79 to $81 [4] - B of A Securities analyst Robert Ohmes maintained a Buy rating but lowered the price target from $95 to $90 [4]

  Rouyn Noranda, Q.C., March 13, 2025 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") announces that the 2025 Annual General Meeting was held today, Thursday March 13, 2025 and is pleased to report that all resolutions proposed to the Shareholders were approved with over 93.87% voting in favour in all categories.   The resolutions approved are as follows: 1.        The following individuals were re-elected Directors of the Company: Frank J. Basa ...

Core Viewpoint - Dollar General's stock rose 6.8% amid broader market declines, driven by better-than-expected guidance for 2025 despite mixed earnings results [1][2]. Financial Performance - For Q4, Dollar General reported earnings per share (EPS) of $0.87 on sales of $10.3 billion, surpassing Wall Street's expectation of $10.26 billion [2]. - The company's total revenue for the full year reached $40.61 billion, reflecting a nearly 5% increase from last year's $38.69 billion [2]. - Dollar General anticipates comparable-store sales growth of 2.2% in 2025, exceeding the analyst consensus of 1.8% [2]. Market Context - Dollar General's optimistic outlook contrasts with other major retailers, which have issued cautious forecasts due to declining consumer sentiment and recession fears [3]. - The retail industry is experiencing nervousness due to escalating trade tensions between the U.S. and its major trading partners, making Dollar General's relative optimism notable [3]. Competitive Landscape - The company faces significant challenges as consumers are expected to tighten their spending in the coming months [4]. - Increasing competition from discount retailers like Walmart, which have lowered prices in response to consumer sentiment, poses additional pressure on Dollar General [4].

Core Insights - Dollar General Corporation (DG) reported fourth-quarter fiscal 2024 results with both net sales and earnings surpassing the Zacks Consensus Estimate, although earnings decreased compared to the previous year [1][4]. Financial Performance - Quarterly adjusted earnings were $1.68 per share, exceeding the Zacks Consensus Estimate of $1.50, but down 8.2% from $1.83 in the prior-year period. GAAP earnings fell 52.5% year over year to $0.87 per share, impacted by store closures and impairment charges [4]. - Net sales reached $10,304.5 million, a 4.5% increase year over year, surpassing the Zacks Consensus Estimate of $10,259 million, driven by new store openings and same-store sales growth, despite some offset from store closures [5]. - Same-store sales grew 1.2% year over year, with a 2.3% increase in average transaction amount and a 1.1% decrease in customer traffic. The consumables category led the growth, while home, seasonal, and apparel categories saw declines [6]. Margin and Expense Analysis - Gross margin contracted by 8 basis points to 29.4%, attributed to higher markdowns, increased inventory damages, and distribution costs, partially offset by higher inventory markups and lower shrinkage [8]. - Selling, general and administrative expenses as a percentage of net sales increased by 294 basis points to 26.5%, primarily due to $214 million in impairment charges and higher costs in various operational areas [9]. - Operating profit declined 49.2% year over year to $294.2 million, reflecting significant charges related to store portfolio optimization, with the operating margin contracting 300 basis points to 2.9% [10]. Strategic Initiatives - Dollar General opened 725 new stores, remodeled 1,621 locations, and relocated 85 stores during fiscal 2024. Plans for fiscal 2025 include 4,885 real estate projects, with 575 new stores in the U.S. and up to 15 in Mexico, alongside extensive remodeling efforts [12]. - The company aims to solidify its role in rural communities through strategic store growth and improvements to its mature store base, laying a foundation for sustainable long-term growth and shareholder value [3]. Future Outlook - For fiscal 2025, Dollar General anticipates net sales growth between 3.4% and 4.4%, with same-store sales growth projected between 1.2% and 2.2%. Earnings are expected to be in the range of $5.10 to $5.80 per share [15].

Dollar General is expecting its customers to face deteriorating financial conditions this year.“Our customers continue to report that their financial situation has worsened over the last year, as they have been negatively impacted by ongoing inflation,” Todd Vasos, CEO of the discount retailer, said during a fourth-quarter earnings call Thursday (March 13). “Many of our customers report that they only have enough money for basic essentials, with some noting that they have had to sacrifice even on the necess ...

Market Overview - U.S. stocks traded lower, with the S&P 500 falling more than 1% on Thursday, specifically down 1.18% to 5,533.34 [1] - The Dow decreased by 1.17% to 40,865.63, and the NASDAQ dipped 1.64% to 17,359.52 [1] - In sector performance, materials shares gained 0.9%, while consumer discretionary shares fell by 1.4% [1] Company Performance - Dollar General Corporation reported fourth-quarter sales growth of 4.5% year-on-year to $10.304 billion, exceeding analyst expectations of $10.264 billion, although EPS of $0.87 missed the consensus estimate of $1.51 [2] Commodity Market - Oil prices decreased by 1% to $67.03, while gold prices increased by 0.4% to $2,959.80 [5] - Silver traded down 0.2% to $33.680, and copper rose 0.1% to $4.8555 [5] European Market - European shares showed mixed results, with the eurozone's STOXX 600 down 0.11%, Germany's DAX 40 down 0.93%, and France's CAC 40 down 0.65% [6] - Conversely, Spain's IBEX 35 Index rose 0.29%, and London's FTSE 100 increased by 0.11% [6] Asian Market - Asian markets closed lower, with Japan's Nikkei down 0.08%, China's Shanghai Composite Index down 0.39%, and Hong Kong's Hang Seng Index down 0.58% [7] - India's BSE Sensex also fell by 0.27% [7] Notable Stock Movements - Lifeward Ltd. shares surged 78% to $2.63 after receiving FDA clearance for its Personal Exoskeleton Device [9] - Aveanna Healthcare Holdings Inc. shares increased by 24% to $4.63 following better-than-expected fourth-quarter sales results [9] - MeiraGTx Holdings plc shares rose 23% to $7.87 after reporting FY24 financial results [9] - Aditxt, Inc. shares dropped 36% to $0.0363 due to a 1-for-250 reverse stock split [9] - Century Casinos, Inc. shares fell 28% to $1.7588 after reporting weak fourth-quarter financial results [9] - UiPath Inc. shares decreased by 16% to $10.00 after a revenue miss and lower first-quarter guidance [9] Economic Indicators - U.S. producer prices remained unchanged in February compared to January, contrasting with a revised 0.6% increase in the previous period and against estimates of a 0.3% gain [8] - Initial jobless claims in the U.S. declined by 2,000 to 220,000, better than market estimates of 225,000 [10]

Shares of General Motors (GM) have gained 0.4% over the past four weeks to close the last trading session at $47.90, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $59.92 indicates a potential upside of 25.1%.The average comprises 24 short-term price targets ranging from a low of $37 to a high of $105, with a standard deviation of $14.13. While the lowest estimate indicates a d ...

Core Insights - Dollar General's CEO Todd Vasos indicated that inflation continues to negatively impact customers, and the macroeconomic environment is not expected to improve in 2025 [1][2] - Customers are increasingly seeking value and convenience from Dollar General, with many reporting that their financial situations have worsened over the past year [1][2] - The company is closely monitoring potential economic headwinds, including government entitlement program changes and the impact of tariffs [4] Financial Performance - Dollar General reported a same-store sales growth of 1.2% for the quarter, driven entirely by a 2.3% increase in average transaction value, while customer traffic decreased by 1.1% due to ongoing financial pressures [6] - The company announced plans to close 96 Dollar General stores and 45 Popshelf stores, while converting six Popshelf stores into flagship locations [5] Customer Insights - The core consumer of Dollar General is described as "always strained" economically but resourceful, adapting to ongoing inflation [2] - Customers are becoming more budget-conscious as they navigate the effects of persistent inflation [3]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...