These Analysts Revise Their Forecasts On Dollar General After Q4 Results

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]