Dollar General third-quarter comparable sales beat on hurricane-fueled demand

On Thursday Dec. 7 2017 Dollar General announced plans to open 900 new stores nationally in the coming year

The company's revenue for the quarter was up 11.0% on a year-over-year basis. Dollar General Corp.'s payout ratio is 23.53%. The stock increased 0.53% or $0.48 during the last trading session, reaching $90.85. About 1.46M shares traded.

Analysts expect Dollar General Corporation (NYSE:DG) to report $0.93 EPS on December, 7 before the open.They anticipate $0.04 EPS change or 4.49% from last quarter's $0.89 EPS. It has underperformed by 16.70% the S&P500. First Bancshares Of Omaha holds 0.41% or 91,119 shares in its portfolio. Arbor Wealth Management LLC now owns 73,281 shares of the company's stock worth $6,100,000 after purchasing an additional 1,282 shares during the last quarter.

Davidson D A & Company decreased Form Factor Inc (NASDAQ:FORM) stake by 150,000 shares to 400 valued at $4,000 in 2017Q2.

This likely helped the company net more sales ahead of the disasters, when people stocked up on emergency supplies like flashlights, drinking water and food. Buckhead Capital Management Llc, a Georgia-based fund reported 17,025 shares.

Dollar General operated 14,321 stores in 44 states as of November 3.

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While much of the retail sector has been closing stores and laying off workers for years, Goodlettsville, Tenn. -based Dollar General has been opening locations and hiring throughout the U.S. Early this year, the company announced it planned to create 10,000 jobs in 2017 with the opening of 1,000 stores and two distribution centers. Therefore 48% are positive. Dollar General has a twelve month low of $65.97 and a twelve month high of $92.11. The stock of Dollar General Corporation (NYSE:DG) has " rating given on Friday, November 20 by BB&T Capital. BMO Capital Markets set a $85.00 price objective on Dollar General and gave the stock a "hold" rating in a report on Tuesday, August 22nd. As per Tuesday, June 6, the company rating was maintained by Morgan Stanley. The stock has "Neutral" rating by Buckingham Research on Wednesday, April 19. The firm has "Buy" rating by Bank of America given on Friday, August 25. Millennium Mngmt Limited Com has invested 0.01% in Dollar General Corporation (NYSE:DG). The company now has a consensus rating of "Hold" and an average price target of $82.93. The company was maintained on Friday, March 11 by Jefferies. 240.50 million shares or 4.61% more from 229.90 million shares in 2017Q1 were reported. GIC Private Ltd is the second biggest holder with 24 million shares now valued at 1.78 B million whilst Vanguard Group Inc has 18 million shares valued at 1.27 B million. The Comerica Bank holds 56,828 shares with $4.56 million value, up from 47,214 last quarter. DG's profit would be $254.13M giving it 24.29 P/E if the $0.93 EPS is correct. Great West Life Assurance Communication Can reported 0.04% of its portfolio in Dollar General Corporation (NYSE:DG). Its down 0.04, from 1.26 in 2017Q1. It improved, as 62 investors sold DG shares while 193 reduced holdings.

Company's outstanding shares now at $24994.65 MN, further commands a premium share price in the Services market. Sii Investments Wi has invested 0.03% of its portfolio in Dollar General Corporation (NYSE:DG). Massmutual Comm Fsb Adv has invested 0% in Dollar General Corporation (NYSE:DG). 4,803 were accumulated by Veritable Lp. Banc Funds Ltd Liability Co owns 209,534 shares for 0.78% of their portfolio.

Dollar General has been primarily focused on shoppers seeking the absolute lowest prices, but is now trying to attract middle-income shoppers seeking convenience and brands. Denver Advisors Ltd Liability Co reported 0.78% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC). Johnson Rice downgraded Dollar General Corporation (NYSE:DG) on Friday, August 26 to "Accumulate" rating.

A number of other institutional investors have also recently bought and sold shares of the business. More interesting news about Dollar General Corporation (NYSE:DG) were released by: Seekingalpha.com and their article: "Dollar General outperforms in Q3" published on December 07, 2017 as well as Seekingalpha.com's news article titled: "Dollar General Addresses A Pain Point In Rural America" with publication date: December 06, 2017.

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