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Dollar General Corporation Message Board

  • djangosblues djangosblues Jan 19, 2013 3:39 PM Flag


    I think we`ll see 46 near term and 48-50 by next earnings . These stores are doing well in my town as i suspect they are doing well nearly everywhere . People buy more "fill in " items during hard times instead of spending one large sum every week or two especially on the non food items . It may not be the best money saving strategy but it seems to be human nature regardless.

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    • I predict DG will prosper regardless of good economy/bad cut/tax increase etc. In short, their concept is valid no matter. Most people seek convenient value in all conditions. My prime concern is their entry into the cigarette business which takes what I see is their prime advantage over the rest of the C-store business, simplicity, away. Employees will need to be on a higher plane. Theft, especially employee theft, will be a big problem also, and tobacco is very low margin...DG can't provide superior value. I understand that DG is pressured to add cigarettes by other dollar stores adding them, but if the stores should struggle, this will be the reason. I expect them to do well even with tobacco, but am convinced they'd do much better without. Sometimes less sales is equal to more profit.

      Sentiment: Buy

      • 1 Reply to dk5656
      • DG will do nothing but grow. Adding meats, fresh produce, and cigarettes will increase same store revenues and profit not to mention the are opening 600+ more stores this year on top of some 500 last year. My company works for them in all 10 of their current distribution centers including a brand new facility in Alabama. I have seen the case volumes do nothing but grow at all of the distribution centers year over year over the past 3 years. I am long May $47 calls bought at $1.74. Looking for at least a double on those in the next couple weeks. Currently they are up 29%

        Sentiment: Buy

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