Dollar General Corporation (DG) Scheduled to Post Quarterly Earnings on Thursday

The company now expects fiscal 2017 diluted earnings per share of US$4.35 to US$4.50

Excluding one-off items, Dollar General earned $1.10 per share, edging past analysts' average estimate of $1.09, according to Thomson Reuters I/B/E/S.

Company-specific news weighed on certain stocks, with Dollar General Corporation (NYSE: DG), Ctrip.com International, Ltd.

WARNING: "Dollar General Corporation (DG) Scheduled to Post Quarterly Earnings on Thursday" was posted by Week Herald and is owned by of Week Herald.

Several analysts have released their opinion on Dollar General Corporation (NYSE:DG), with 5 analysts believing it is a strong buy.

"I am pleased with our results at this point in the year". Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $88.00 target price on shares of Dollar General Corporation in a report on Wednesday, May 17th. The company's institutional ownership is monitored at 91.9 percent.

The company's second-quarter net income fell 3.8 percent to $294.8 million.

Dollar General reported a 47-basis-point decline in gross margin to 30.7 percent in the quarter ended August 4, mainly due to higher discounting.

Tennessee-based Dollar General sells most of its products at $5 or less. Hayek Kallen Investment Management now owns 6,610 shares of the company's stock worth $477,000 after buying an additional 850 shares during the last quarter. The company has a 50 day moving average price of $73.82 and a 200-day moving average price of $72.86.

For fiscal 2017, Dollar General plans to open approximately 1,285 new storess. Dollar General Corporation's yield ratio (DPR) is presently 23.48%.

The company declined -0.62% and closed its last trading session at $77.37. Stock investors acquired 9,363 put options on the stock. Dollar General Corporation also was the recipient of unusually big options trading on early Monday. If you are accessing this report on another publication, it was stolen and reposted in violation of USA & worldwide copyright laws.

A number of equities analysts recently commented on the company. BMO Capital Markets maintained it with "Hold" rating and $8500 target in Thursday, June 1 report. Morgan Stanley reiterated an "overweight" rating and set a $85.00 price target on shares of Dollar General Corporation in a report on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have given a buy rating to the company's stock. Investors may be reacting to the even better financial report last week by competitor Dollar Tree, which used cost-cutting to achieve a 36% increase in profitability, setting a high bar for the retailer. Loop Capital restated a "hold" recommendation and fixed a $76.00 target price on stock of Dollar General Corporation in a study analysis published on early Thur, Aug 24th. On Friday, August 26 the stock rating was downgraded by Johnson Rice to "Accumulate". The company saw positive results in the consumables and seasonal categories, partially offset by negative results in the home products and apparel categories. 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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