|Bid||191.46 x 800|
|Ask||191.53 x 3000|
|Day's Range||189.85 - 192.84|
|52 Week Range||125.00 - 192.84|
|Beta (5Y Monthly)||0.49|
|PE Ratio (TTM)||29.03|
|Earnings Date||Aug 27, 2020 - Aug 31, 2020|
|Forward Dividend & Yield||1.44 (0.75%)|
|Ex-Dividend Date||Jul 06, 2020|
|1y Target Est||197.58|
In this episode of MarketFoolery, Chris Hill chats with Fool.com contributor Dan Kline about the latest news from the markets. They look at the retail space and how retail businesses are serving underserved communities.
Zacks.com featured highlights include: West Pharmaceutical Services, Teradyne, Dollar General, Applied Materials and Kroger
The stock market was underwhelmed despite strong results from major retailers. In this episode of Motley Fool Money, Chris Hill is joined by Motley Fool analysts Jason Moser and Ron Gross to go through the latest headlines from Wall Street, employment figures, the change in people's spending habits, and corporate debt. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Investing in stocks is risky. The company claims to be "one of the few future-proof stocks" available today. It's a pretty safe bet that energy will increasingly be produced using renewable sources such as hydroelectric, wind, and solar.
Dollar General Corporation (NYSE:DG) defied analyst predictions to release its first-quarter results, which were ahead...
Dollar General (NYSE: DG) reported a 73% increase in earnings per share and a 27.6% increase in net sales for its fiscal first quarter ending May 1, 2020. The strong results have analysts boosting price targets on the stock today. BMO Capital analyst Kelly Bania raised the firm's price target to $200 per share, while Anthony Chukumba from Loop Capital moved that firm's target up to $190 per share, with a hold rating.
With unemployment soaring and consumers tightening their budgets, analysts forecast elevated sales at dollar stores like Dollar General Corp., Dollar Tree Inc. and Family Dollar. U.S. weekly jobless claims rose Thursday by more than 2.1 million, with about 48 million Americans filing for jobless benefits since mid-March, when the country began lockdowns to beat back the spread of coronavirus. Analysts forecast that the dire unemployment situation will continue for the foreseeable future.
At this time, I'd like to welcome everyone to Dollar General First Quarter 2020 Earnings Conference Call. On the call with me today are Todd Vasos, our CEO; Jeff Owen, our COO; and John Garratt, our CFO. Let me caution you that today's comments include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 such as statements about our strategy, plans, initiatives, goals, financial guidance or beliefs about future matters, including but not limited to, beliefs about COVID-19's future impact on the economy, our business, and our customer.
The stock market gave up its winning streak, falling near the close after having spent much of the day in positive territory. Losses for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were limited to around half a percent. Fears of a recession have led some investors to take a closer look at dollar store retailers, which have historically done well during periods of economic weakness.
Dollar General earnings crushed views, while Ollie's Bargain Outlet and Dollar Tree earnings also beat. But Burlington Stores reported a huge loss.
The U.S. death toll from the coronavirus that causes COVID-19 rose above 101,000 on Thursday, one day after it exceeded the 100,000 level, a grim marker for the nation with the highest number of cases and deaths in the world.
Dollar store sales are rocking during the COVID-19 pandemic.
Both retailers saw surging sales volumes as social distancing spiked. But Dollar General's business stood out in a few key ways.
Dollar General (DG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The major stock indexes were sharply mixed early Thursday. Facebook and Twitter fell after President Trump's executive order threat.
Yahoo Finance's Brian Sozzi, Alexis Christoforous, and Ines Ferre break down the market action for Dollar General.
Business was good for essential retailers that stayed open during maximum COVID-19 social distancing efforts. But growth wasn't guaranteed. On Thursday, Dollar Tree (NASDAQ: DLTR) announced mixed results that demonstrated that challenge.
Dollar Tree shares jumped Thursday morning after the retailer crushed earnings expectations for its fiscal first quarter. Dollar General stock ticked up after an earnings beat of its own.
Dollar Tree (NASDAQ: DLTR) shares were trading higher Thursday after the company reported better-than-expected first-quarter EPS and sales results.The company reported quarterly earnings of $1.04 per share, beating the analyst consensus estimate of 91 cents by 14.29%. This is an 8.77% year-over-year decrease from earnings of $1.14 per share. Dollar Tree reported quarterly sales of $6.29 billion, which beat the analyst consensus estimate of $6.11 billion by 2.95%. This is a 8.28% increase over sales of $5.81 billion in the same period last year."Family Dollar delivered strong same-store sales with a 15.5% increase and a 230 basis point improvement in operating margin," Mike Witynski, enterprise president at Dollar Tree, said in a statement."Dollar Tree same-store sales decreased by 90 basis points, as the seasonal and discretionary business was materially impacted by lower Easter holiday sales. The most negatively impacted categories - party, candy, and Easter - affected Dollar Tree's overall comp for the quarter by approximately 490 basis points." Dollar Tree's shares were up 9.67% at $95.99 in Thursday's premarket session. The stock has a 52-week high of $119.71 and a 52-week low of $60.20.Dollar General Reports Q1 Earnings Beat Dollar General (NYSE: DG) shares were also trading higher after the retailer reported better-than-expected first-quarter EPS and sales results.The company reported quarterly earnings of $2.56 per share, which beat the analyst consensus estimate of $1.70 by 50.59%. This is a 72.97% increase over earnings of $1.48 per share from the same period last year.View more earnings on DLTRThe company reported quarterly sales of $8.4 billion, which beat the analyst consensus estimate of $7.4 billion by 13.51%. This is a 26.83% increase over sales of $6.62 billion the same period last year."These are certainly unprecedented times, and our hearts go out to everyone who has been affected by the COVID-19 pandemic," CEO Todd Vasos said in a statement. "We are very grateful for those serving on the front lines, and particularly our store associates, distribution center employees and private fleet drivers for their incredible efforts," adds Vasos.Dollar General's stock was up 1.23% at $189.94 in Thursday's premarket session. The stock has a 52-week high of $187.20 and a 52-week low of $118.20.Related Links:Dollar General Reports Q4 Earnings BeatDollar Tree Reports Mixed Q4 EarningsPhoto by Michael Rivera via Wikimedia. See more from Benzinga * Why Dollar General's Stock Is Trading Higher Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Dollar General (DG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Dollar General's (DG) top and bottom line continues to improve year over year during the first quarter. The quarter gains from coronavirus-led spike in demand.