Equities research analysts expect Dollar General Corp. (NYSE:DG) to report sales of $6.22 billion for the current quarter, according to Zacks. Eight analysts have provided estimates for Dollar General’s earnings, with the lowest sales estimate coming in at $6.17 billion and the highest estimate coming in at $6.30 billion. Dollar General reported sales of $6.01 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 3.5%. The company is scheduled to issue its next quarterly earnings report before the market opens on Thursday, March 15th.
On average, analysts expect that Dollar General will report full year sales of $6.22 billion for the current year, with estimates ranging from $23.32 billion to $23.65 billion. For the next fiscal year, analysts forecast that the business will post sales of $25.46 billion per share, with estimates ranging from $25.13 billion to $25.72 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Dollar General.
Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, December 7th. The company reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.01). The firm had revenue of $5.90 billion during the quarter, compared to analyst estimates of $5.80 billion. Dollar General had a return on equity of 22.58% and a net margin of 5.31%. The business’s revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 earnings per share.
Shares of Dollar General (NYSE:DG) traded up $0.35 during trading hours on Friday, hitting $97.55. The stock had a trading volume of 1,410,432 shares, compared to its average volume of 2,377,627. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.41 and a quick ratio of 0.19. The firm has a market capitalization of $26,400.00, a price-to-earnings ratio of 21.53, a PEG ratio of 1.52 and a beta of 1.00. Dollar General has a 12-month low of $65.97 and a 12-month high of $105.82.
In other Dollar General news, EVP Robert D. Ravener sold 11,368 shares of Dollar General stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $92.81, for a total value of $1,055,064.08. Following the sale, the executive vice president now owns 22,598 shares in the company, valued at $2,097,320.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Anita C. Elliott sold 2,012 shares of Dollar General stock in a transaction on Monday, December 18th. The shares were sold at an average price of $92.82, for a total value of $186,753.84. Following the completion of the sale, the senior vice president now owns 14,969 shares in the company, valued at approximately $1,389,422.58. The disclosure for this sale can be found here. Insiders sold 20,916 shares of company stock worth $1,924,881 in the last 90 days. Company insiders own 0.32% of the company’s stock.
Large investors have recently bought and sold shares of the business. Cerebellum GP LLC purchased a new stake in shares of Dollar General in the 4th quarter valued at $130,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Dollar General in the 4th quarter valued at $142,000. Calton & Associates Inc. purchased a new stake in shares of Dollar General in the 4th quarter valued at $144,000. Meeder Asset Management Inc. raised its holdings in shares of Dollar General by 22,950.0% in the 3rd quarter. Meeder Asset Management Inc. now owns 2,305 shares of the company’s stock valued at $187,000 after buying an additional 2,295 shares during the period. Finally, Fieldpoint Private Securities LLC purchased a new stake in shares of Dollar General in the 3rd quarter valued at $195,000. Institutional investors own 88.44% of the company’s stock.
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Dollar General Company Profile
Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.
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