Previous close | 164.20 |
Open | 160.93 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 160.93 - 166.64 |
52-week range | 159.58 - 259.98 |
Volume | |
Avg. volume | 2,910 |
Market cap | 423.388M |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 0.17 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The major stock indexes closed higher Thursday despite some disappointing news on the consumer from Macy's and Dollar General. On Friday, all eyes will be on the May jobs report. Economists are expecting 195,000 jobs were added last month.
As the pull back in consumer spending continues to impact retailers, the Yahoo Finance Live team takes a look at shares of Macy's, Dollar General, and Nordstrom. Shifting to the auto industry, EV maker Lucid's stock dropped after announcing a new stock offering. On the AI front, C3.ai shares plunged after the company issued a disappointing outlook.
At this time, I'd like to welcome everyone to the Dollar General first-quarter 2023 earnings conference call. On the call with me today are our CEO, Jeff Owen; our president, John Garratt; and our CFO, Kelly Dilts.
High inflation and economic uncertainty has led consumers to pull back on their spending. Forrester Research Retail Analyst Sucharita Kodali explains what the impact will be on retail stocks.
Shares Dollar General nosedived as the budget retailer reported disappointing first quarter results. It follows the likes of Dollar Tree, which recently cut its outlook. Yahoo Finance's Josh Schafer breaks down what the discount retailers are telling us about the U.S. consumer.
With a debt ceiling solution seemingly on the way, market participants remain hopeful that the U.S. economy can avoid recession and keep chugging along at a modest but reasonable pace. Dollar General (NYSE: DG) caters to those seeking discounts, while Lucid Group (NASDAQ: LCID) has aimed squarely at the luxury electric vehicle market. Shares of Dollar General sank 18% in midafternoon trading Thursday.
Dollar stores aren't looking like a safe haven for investors as the consumers shift away from discretionary spending.
Shares of discount retail chain Dollar General (NYSE: DG) got clobbered by the market on Thursday after the company released its latest quarterly financial results. As of 11 a.m. ET, Dollar General stock was down almost 20%, hitting 52-week lows and wiping out about 3.5 years of gains. In Q1, net sales for Dollar General were up 6.8%, but this is largely because the company opened 212 new stores during the quarter.
(Bloomberg) -- In case there was any doubt, the lower-income US consumer is in full retreat.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Warns of Real Estate Recession as Loans Dry UpDollar General Corp.’s shares plunged 21% — the most on record — after the discount retaile
Dollar General's (DG) first-quarter same-store sales rise 1.6% due to an increase in the average transaction amount.
Weak profit forecasts from department store chain Macy's to discounter Dollar General on Thursday underscored the fragile health of the U.S. consumer as persistent inflation curbs spending. Several U.S. retailers said sales have ebbed as consumers react to higher prices for food and other essentials. Broadly, U.S. consumer spending trends showed resilience in the face of high inflation, but big-ticket purchases suffered.
Macy's and Dollar General are feeling the pinch of U.S. consumers reining in spending amid elevated inflation and higher interest rates. Yahoo Finance Live breaks down the two retailers' earnings reports to find out what they tell us about spending.
The headline numbers for Dollar General (DG) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dollar General (DG) delivered earnings and revenue surprises of -1.68% and 1.34%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -Dollar General Corp cut its sales and profit forecasts for the year on Thursday as Americans, pinched by higher prices, shopped more for essentials and pared back purchases in categories including home goods and clothes, leading its shares down as much as 20%. The discount store chain saw traffic to its stores decline during the quarter as its low- to middle-income customer base shifted away from discretionary goods like clothing and houseware - a challenging trend seen across retailers. Low-cost retailers like Dollar General face stiff competition from bigger retailers like Walmart in the grocery and food business, which has lifted its annual outlook as it offers lower prices on groceries compared to rivals Target Corp.
Investing.com -- Stocks in focus in premarket trade on Thursday, June 1st. Please refresh for updates.
Investing.com -- Stocks sank on Wednesday as investors awaited the outcome of the vote on the debt ceiling deal, over objections from GOP members who wanted more spending cuts.
Dollar stores have always been popular among consumers looking for serious discounts on products. Among this subindustry of retail, Dollar Tree (NASDAQ: DLTR) is a major player, alongside Dollar General. Let's dive into Dollar Tree's fundamentals and valuation to decide.
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
Wall Street moved slightly higher last week. I thought my three stocks to avoid -- Best Buy, Carvana, and Big Lots -- were going to lose to the market in the past week. They rose 5%, soared 9%, and plummeted 21%, respectively.
Here is your Pro Recap of the biggest analyst picks and cuts you may have missed since Friday: upgrades at RingCentral, Dollar General, UWM, and Hamilton Lane; downgrades at Equity Residential and Vertex. RingCentral (NYSE:RNG) shares jumped nearly 18% on Friday after Needham upgraded the company to Buy from Hold with a price target of $42.00 in response to surgical cost cuts and stabilized growth. The firm now sees RingCentral demonstrating its capacity to achieve over 20% operating margin which should provide ample FCF to pay down its sizable debt load.
Dollar General's (DG) first-quarter top-line results are likely to reflect better pricing, private-label offerings and effective inventory management.
Warren Buffett thinks that near-term economic and market forecasts are "worse than useless." My hunch is that the U.S. economy is headed for a mild recession. Like most investors who aren't billionaires with the surname Buffett, I don't like to see the stocks I buy go down.
Big Lots (BIG) delivered earnings and revenue surprises of -74.36% and 5.25%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?