Dollar General (DG) closed the most recent trading day at $81.10, moving +0.9% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.27%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%. The discount retailer's stock has dropped by 7.95% in the past month, falling short of the Retail-Wholesale sector's loss of 0.61% and the S&P 500's gain of 2%. Analysts and investors alike will be keeping a close eye on the performance of Dollar G ...

Investors tend to watch and emulate some of the best on Wall Street, but there’s one issue with this view: Most of the sought-after investors tend to be net buyers of the market. Other entities in the money management industry are worth watching for their superior strategies and ability to beat the market.These entities are hedge funds, and without going into the specifics of their strategies and philosophies, all investors need to know is that they play both the long and the short side of the stock market. ...

The September jobs report crushed expectations. It could make these stocks winners. Recession fears have dogged the stock market for much of the last few years. The 2022 bear market was premised partly on the notion that the economy was headed for a recession as interest rates rose. More recently, economic pessimism has weighed on some stock market sectors, even as the broad market has reached an all-time high on enthusiasm for all things artificial intelligence (AI). However, investors continue to get remi ...

When the Federal Open Market Committee (FOMC) voted to lower the federal funds rate by 50 basis points—rather than a widely expected 25—at its September meeting, the S&P 500 continued its seemingly optimistic path skyward to fresh record highs. Many investors had already factored an anticipated rate cut into their calculations, helping to push the market upward throughout most of this month.However, while the broad response to news of the rate cut was largely positive, the immediate and medium-term impact o ...

A couple of the stocks featured here are trading around their all-time lows.If you're a bargain hunter, there are some deeply discounted stocks you might want to consider buying right now. These stocks aren't trading at just 52-week lows, they are trading at multiyear lows. They haven't been trading at these levels in more than five years -- and some have never been this low.Of course, there is a risk that comes with these stocks. They are trading down for good reasons, but there's also a lot of potential u ...

Key TakeawaysConcerns about the economy and their recently issued financial outlooks have weighed on shares of Dollar General and Dollar Tree lately.Analysts at Deutsche Bank on Wednesday cut their price targets on both companies' shares.But the analysts, whose new targets are near Wall Street's consensus, believe the stocks can find "support" at recent lower prices. Shares of discount retailers Dollar General (DG) and Dollar Tree (DLTR) moved in opposite directions Thursday as investors continued to digest ...

Dollar General Corporation (NYSE:DG) Goldman Sachs 31st Annual Global Retailing Conference September 4, 2024 12:30 PM ET Company Participants Todd Vasos – Chief Executive Officer Kelly Dilts – Executive Vice President and Chief Financial Officer Kevin Walker – Vice President of Investor Relations Conference Call Participants Kate McShane – Goldman Sachs Kate McShane Get started. We are now officially in the afternoon session of Day 1 of the Goldman Sachs 31st Annual Global Retailing Conference. It is my ple ...

What happened to August's worst-performing stocks? Discover if these underperformers from the famous S&P 500 index are potential buys or value traps.The popular S&P 500 (^GSPC -2.12%) had a pretty decent month in August 2024. The economic news was more good than bad last month, lifting the index by 126 points (or 2.3%).But it wasn't a smooth ride. 52 of the S&P 500's 503 components gained more than 10% in August while 20% members saw price drops of 10% or more. Three of these household names took haircuts o ...

Dollar General Corporation (NYSE:DG) Q2 2024 Results Conference Call August 29, 2024 10:00 AM ET Company Participants Kevin Walker - Vice President of Investor Relations Todd Vasos - Chief Executive Officer Kelly Dilts - Chief Financial Officer Conference Call Participants Michael Lasser - UBS Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan Chase Rupesh Parikh - Oppenheimer Peter Keith - Piper Sandler Seth Sigman - Barclays John Heinbockel - Guggenheim Partners Corey Tarlowe - Jefferies Operator Good ...

For the quarter ended July 2024, Dollar General (DG) reported revenue of $10.21 billion, up 4.2% over the same period last year. EPS came in at $1.70, compared to $2.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $10.38 billion, representing a surprise of -1.61%. The company delivered an EPS surprise of -5.03%, with the consensus EPS estimate being $1.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...