Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Dollar General Corporation    DG

DOLLAR GENERAL CORPORATION (DG)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 06/22 07:13:33 pm
99.74 USD   +1.07%
10:51aDOLLAR GENERAL : Body found in East Milton
AQ
10:51aDOLLAR GENERAL : Dead body found at Milton store
AQ
06/21DOLLAR GENERAL : Seeking Management Candidates to Support Growth
BU
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Dollar General 3rd-Quarter Profit Rose 21% as Consumables Lead Sales Growth

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/11/2012 | 01:45pm CEST
   By Tess Stynes 
 

Dollar General Corp.'s (>> Dollar General Corp.) fiscal third-quarter earnings rose 21% as the discount retailer reported that increased sales of consumable items outpaced sales growth in other categories.

For the year, the company raised the lower end of its per-share earnings estimate by a nickel and now expects $2.82 to $2.85 and affirmed its projection for same-store-sales growth.

Dollar General has posted higher profits recently as it continues to add new stores and has been stocking better-known brands on it shelves. The company has also been experimenting with bigger stores and refurbishing old ones.

Ahead of the holiday selling season, the discount chain has been offering 10% discounts on toy purchases totaling $75 or more. Dollar General also had added more licensed and name-brand items to its toy line-up, from companies such as Mattel Inc. (>> Mattel, Inc.), Walt Disney Co. (>> The Walt Disney Company) and Hasbro Inc. (>> Hasbro, Inc.). Many toys offered by Dollar General are priced between $3 and $20.

"Although our performance over the Thanksgiving weekend and start of the holiday season has been encouraging, we continue to be cautious for the remainder of the year," Chairman and Chief Executive Rick Dreiling said. "We are facing a significant same-store sales comparison from our 2011 fourth quarter, which included very strong January sales, growing near-term pressures that are impacting our customers' confidence and spending, and a challenging competitive environment."

For the quarter ended Nov. 2, Dollar General reported a profit of $208 million, or 62 cents a share, up from $171 million, or 50 cents a share, a year earlier. Excluding stock-based compensation impacts and other items, adjusted earnings were 63 cents.

Revenue increased 10% to $3.96 billion amid increases in customer traffic and average transaction amount. Same-store sales were up 4%.

Analysts polled by Thomson Reuters most recently projected earnings of 60 cents on revenue of $3.96 billion.

Gross margin fell to 30.9% from 31% amid higher markdowns, an increased portion of consumable items in the sales mix an increased rate of shoplifting .

Sales of consumable items--which account for the bulk of Dollar General's top line--rose 11% to $3 billion, led by strong growth in sales of candy and snacks and perishables offerings.

Shares of Dollar General, which recently replaced Cooper Industries PLC in the Standard & Poor's 500-stock index after the electrical-products maker was acquired by Eaton Corp. (>> Eaton Corporation), closed Monday at $46.57 and were inactive premarket.

Write to Tess Stynes at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article
ChangeLast1st jan.
DOLLAR GENERAL CORPORATION 1.23% 99.91 Delayed Quote.5.38%
EATON CORPORATION PLC 0.34% 76.62 Delayed Quote.-1.35%
HASBRO 0.04% 91.66 Delayed Quote.0.45%
MATTEL 1.08% 17.695 Delayed Quote.11.25%
WALT DISNEY COMPANY (THE) 0.39% 106.3 Delayed Quote.-0.33%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DOLLAR GENERAL CORPORATION
10:51aDOLLAR GENERAL : Dead body found at Milton store
AQ
10:51aDOLLAR GENERAL : Body found in East Milton
AQ
06/21Free Technical Reports on Dollar General and Three Additional Discount, Varie..
AC
06/21DOLLAR GENERAL : Seeking Management Candidates to Support Growth
BU
06/20DOLLAR GENERAL : community - IRSC GED Project gets Dollar General grant
AQ
06/20DOLLAR GENERAL : I Stan for The Stanley
AQ
06/20DOLLAR GENERAL : Wetlands Agency Approves Plan for Retail Project
AQ
06/19DOLLAR GENERAL : A DG in every backyard
AQ
06/19DOLLAR GENERAL : Relay for Life event raises funds, awareness
AQ
06/18DOLLAR GENERAL : Would-be mass shooting haunts sole victim of Dollar General gun..
AQ
More news
News from SeekingAlpha
08:00aShould You Follow Warren Buffett On This REIT? 
07:03aRaymond James confident on Dollar General 
06/21Hiring blitz at Dollar General 
06/19DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : 3 Reasons You Should Avoid This Dangerous.. 
06/18DOLLAR GENERAL : A Hold At Best 
Financials ($)
Sales 2019 25 431 M
EBIT 2019 2 178 M
Net income 2019 1 613 M
Debt 2019 2 593 M
Yield 2019 1,15%
P/E ratio 2019 16,28
P/E ratio 2020 14,72
EV / Sales 2019 1,13x
EV / Sales 2020 1,05x
Capitalization 26 223 M
Chart DOLLAR GENERAL CORPORATION
Duration : Period :
Dollar General Corporation Technical Analysis Chart | DG | US2566771059 | 4-Traders
Technical analysis trends DOLLAR GENERAL CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 104 $
Spread / Average Target 5,2%
EPS Revisions
Managers
NameTitle
Todd J. Vasos Chief Executive Officer & Director
Mike M. Calbert Chairman
John W. Garratt Chief Financial Officer & Executive Vice President
Warren F. Bryant Independent Director
William C. Rhodes Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
DOLLAR GENERAL CORPORATION5.38%26 223
COSTCO WHOLESALE CORPORATION11.75%91 208
WAL-MART DE MEXICO S A B DE C V7.08%44 380
TARGET CORPORATION17.35%40 193
DOLLARAMA INC-66.34%13 022
BURLINGTON STORES INC23.93%10 309