2024-05-31 09:40:00 ET
Summary
- After three consecutive quarters of tepid SSS growth, DG returned to a more healthy SSS growth of 2.4% in 1Q’24.
- While traffic and SSS trend remain quite encouraging, it’s disappointing to see operating margin trend in the wrong direction.
- If DG fails to post operating margin of >6.5% by 2025, I am unlikely to remain a shareholder.
“Dollar General ( DG )'s stock had an interesting reaction to Thursday's earnings. First it went up by ~6% in pre-market, but then ended the day 5% down.” ...
Read the full article on Seeking Alpha
For further details see:
Dollar General Q1 2024 Earnings Update