Dollar General

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ISIN: US2566771059

Ticker: DG

US2566771059

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Aktien Stammtisch

@Aktien_Stammtisch

2Sem.·

$DG (+1,64 %)
| Dollar General Q3 Earnings Highlights:

🔹 EPS: $0.89 (Est. $0.95) 🔴; DOWN -29.4% YoY

🔹 Revenue: $10.2B (Est. $10.14B) 🟢; UP +5% YoY

🔹 Same-Store Sales: +1.3%

🔹 Operating Profit: $323.8M (DOWN -25.3% YoY; Est. $341.2M) 🔴

FY24 Guidance:

🔹 EPS: $5.50-$5.90 (Prior: $5.50-$6.20; Est. $5.82) 🔴

🔹 Net Sales Growth: 4.8%-5.1% (Prior: 4.7%-5.3%) 🔴

🔹 SSS Growth: 1.1%-1.4% (Prior: 1.0%-1.6%) 😕

🔹 Capital Expenditures: $1.3B-$1.4B

🔹 Real Estate Projects: 2,435, including 730 new stores, 1,620 remodels, and 85 relocations.

Margins:

🔹 Gross Margin: 28.8% (Est. 28.4%) 🟢; DOWN 18 bps YoY

🔹 SG&A as % of Revenue: 25.7% (Est. 24.8%) 🔴; UP 111 bps YoY

Operational Highlights:

🔹 New Store Openings: 207

🔹 Store Remodels: 434

🔹 Store Relocations: 27

🔹 Square Footage Growth: +5.1%

🔹 Inventory: $7.1B; DOWN -7% YoY

Year-to-Date Financials:

🔹 Cash Flow from Operations: $2.2B; UP +52.2% YoY

🔹 Capital Expenditures: $1B (Investments in new stores, remodels, and technology).

Dividend and Share Repurchases:

🔹 Dividend: Quarterly dividend of $0.59/share, payable on January 21, 2025.

🔹 Share Repurchases: No repurchases during Q3; $1.4B remaining under authorization. 😕

FY2025 Plans:

🔹 Real Estate Projects: ~4,885, including:

🔹 575 new U.S. stores (up to 15 in Mexico).

🔹 2,000 full remodels.

🔹 2,250 "Project Elevate" remodels (targeting mature stores).

🔹 45 relocations.

Strategic Initiatives:

🔸 "Project Elevate" introduced for lighter remodels in mature stores to improve customer experience and drive sales.

🔸 Continued investment in consumables category and operational efficiency.

CEO Commentary:

🔸 "Despite challenges, including hurricane-related impacts, we delivered solid sales and took steps to enhance execution. Our Back to Basics initiative and robust real estate plans position us for long-term growth and shareholder value." – Todd Vasos, CEO

Vítor R.

@Victori98pt

3Sem.·

About $DG (+1,64 %) and $DLTR (+4,98 %)

https://youtube.com/watch?v=MUJ-u7kpwoM&feature=shared

www.youtube.comWhy Dollar Stores Are Struggling

Aktien Stammtisch

@Aktien_Stammtisch

3Sem.·

Earnings next week 🗓️

4 Commentaires

Utilisateur supprimé

3Sem.

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Philipp

@Philley

1Mo·

Non-food discounters

I am continuing to look at the non-food discounter sector and have carried out a small financial analysis in order to better assess the market situation.

Dollar General $DG (+1,64 %) and Dollar Tree $DLTR (+4,98 %) are clearly the heavyweights in the US market. Both have sales of over 30 billion dollars and are positive. However, compared to their competitors Dollarama $DOL (-0,51 %) only have a tiny profit margin.

The share prices of US companies have also fallen sharply in recent months. The US market is struggling with problems. Inflation and high costs are leading to smaller profit margins and poor future forecasts. Another major issue is the threat of tariffs on China, which is depressing share prices.

Dollarama, on the other hand, is a Canadian company and has at least nothing to do with China tariffs. The majority of the stores are located in Canada and South America, here under the Dollercity brand. The profit margins are really impressive for a "1 dollar store" and that is why the share has performed so extremely in recent months. Over the year, the share price has risen by 48%.

In my opinion, there is potential for further growth as the company continues to expand, especially in South America. South America is an exciting market for me anyway.

Philipp

@Philley

1Mo·

🧵 3

Of course, there is also a large network of non-food discount stores in the USA. With Dollar Tree ($DLTR (+4,98 %)), Dollar General ($DG (+1,64 %)) and Five Below ($FIVE (-2,19 %)), there are at least three listed companies. I have also included the off-price retailer TJX Companies, better known here as TK Maxx, on the list.

In FY2023, the leading non-food discounters Dollar Tree, Dollar General, Five Below and TJX Companies posted respectable sales and solid EBITDA performance, indicating robust demand and their efficiency strategies.

Dollar Tree generated sales of USD 30.6 billion and EBITDA of USD 3.004 billion. The discount giant was able to increase its performance through a broad product range and a successful store network.

Dollar General achieved the highest sales in this group with USD 37.8 billion and an EBITDA of USD 4 billion. The company benefited from its extensive presence and a strong price-performance strategy that appeals to price-conscious customers.

Five Below achieved sales of USD 3.1 billion and EBITDA of USD 516 million. Focusing on young customer groups and inexpensive trend articles, the company recorded further growth, albeit at a lower sales level than its established competitors.

TJX Companies, the parent company of TK Maxx, reported sales of USD 49.9 billion and the highest EBITDA in the Group at USD 6.1 billion. With off-price offers and an established brand, TJX was able to further expand its leading position in the market for affordable fashion and household goods.

You can invest directly in all companies. It is interesting to note that the asset managers Black Rock and Vanguard are invested in all US companies, in some cases with considerable stakes.

Part 1 https://getqu.in/AWbuxi/

2nd part https://getqu.in/4cohv8/

app.getquin.comPhilipp (@Philley) auf getquin

5 Commentaires

Homer@Simpson

1Mo

I don't know 🤔 it all looks like 💩 🤔

Maybe you'd rather $WMT $COST $CASY 🤔

•

Voir toutes les 2 autres réponses

TomInvestor04

@Tominvestor04

2Mo·

what do you think of $DG (+1,64 %) dollar general and $ULTA (+0,22 %) ??

Aktien Stammtisch

@Aktien_Stammtisch

3Mo·

$DG (+1,64 %) | Dollar General Q2 Earnings Highlights:

🔹 EPS: $1.70 (Est. $1.80) 🔴

🔹 Revenue: $10.21B (Est. $10.38B) 🔴

🔸 No Share Repurchases Planned for FY'24

CUTS FY'25 Guidance:

🔹 EPS: $5.50-$6.20 (Prev: $6.80-$7.55; Est. $7.12) 🔴

🔹 Net Sales Growth: 4.7%-5.3% (Prev: 6.0%-6.7%) 🔴

🔹 Same-Store Sales Growth: 1.0%-1.6% (Prev: 2.0%-2.7%) 🔴

Key Metrics and Performance:

🔹 Net Sales Increase: 4.2% YoY to $10.2B

🔹 Same-Store Sales Increase: 0.5% YoY

🔹 Operating Profit: $550M (DOWN 20.6% YoY)

🔹 Net Profit: $374.2M (DOWN 20.2% YoY)

🔹 Gross Profit Margin: 30.0% (DOWN 112 basis points YoY)

🔹 SG&A Expenses: 24.6% of net sales (UP 57 basis points YoY)

🔹 Cash Flows from Operations: $1.7B year-to-date

Operational Highlights:

🔹 Merchandise Inventories: $7.0B (DOWN 11.0% on a per-store basis YoY)

🔹 Capital Expenditures: $696M year-to-date

🔹 Store Openings: 213 new stores; 478 remodels; 25 relocations

🔹 Dividend: $0.59 per share, payable October 22, 2024

CEO Todd Vasos' Commentary:

🔸 "Despite advancing several of our operational goals and driving positive traffic growth, we are not satisfied with our financial results, including top-line results below our expectations for the quarter. We are taking decisive action to enhance our value and convenience offering and improve the in-store experience."

Strategic Actions and Outlook:

🔸 Focus on Back to Basics Plan: Enhancing operational efficiency and customer experience

🔸 Adapting to Softer Sales Trends: Responding to core customers' financial constraints

🔸 No Share Repurchases Planned for FY 2024: Continuing to prioritize financial flexibility

🔸 Store Growth Outlook: 730 new store openings, 1,620 remodels, and 85 relocations for FY 2024

2 Commentaires

Memo0606@Memo0606

3Mo

Oh shit

•

Aktien Stammtisch

@Aktien_Stammtisch

3Mo·

Earnings next week

1 Commentaire

3Mo

am looking forward to $LULU

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Paul_457

@Paul_457

6Mo·

I think it's about time to $DG (+1,64 %) to buy more💪

What do you think?

3 Commentaires

Aktienmasseur@Aktienmasseur

6Mo

Never heard of it 😅

•

Hennington Research🎄

@HennRes

9Mo·

The week summarized:

Monday

Oracle Corp. ($ORCL (-0,32 %) ) published quarterly results.

Tuesday

NFIB Small Business Optimism Index (February)
Consumer Price Index (February)
Quarterly results of On Holding AG ($ONON ), Kohl's ($KSS (+0,82 %) ), Manchester United PLC ($MANU (-0,18 %) ) and LoanDepot Inc. ($LDI (-2,62 %) )

Wednesday

Dollar Tree ($DLTR (+4,98 %) ), Lennar Corp. ($LEN (-1,16 %) ) and Williams-Sonoma Inc. ($WSM (+1,84 %) ) publish quarterly results.

Thursday

Retail sales in the USA (February)
Producer Price Index (February)
Business inventories (January)
Quarterly results from Adobe ($ADBE (+1,44 %) ), Dollar General ($DG (+1,64 %) ), Ulta Beauty Inc. ($ULTA (+0,22 %) ) and Dick's Sporting Goods Inc. ($DKS (-0,06 %) )

Friday

Empire State Manufacturing Survey (March)
Import Price Index (February)
Industrial Production (February)
Consumer sentiment (March)
Capacity utilization (February)
Quarterly results from Jabil Inc. ($JBL (+2,38 %) )

1 Commentaire

Hennington Research🎄@HennRes

9Mo

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OPEC's main task is to coordinate the production volumes of its member countries in order to influence the global oil market and oil prices. By setting production quotas, OPEC can control supply and demand on the oil market and thus influence prices. This power enables the organization to exert both economic and political influence, which can have a global impact.

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