Dollar General (DG)

• Market cap: $17.9B
• 1 day: 2.50%
• 5 days: 5.96%
• 1 month: 5.40%
• 3 months: -1.20%
• 6 months: -37.01%
• Year to date: -41.90%
• 1 year: -39.08%
• 5 years: -47.27%
• 10 years: 19.09%
• Sector: Consumer Staples
• Industry: Variety Stores

About: With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.

Employees: 170,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2% less call options, than puts

Call options by funds: $814M | Put options by funds: $827M

8% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 348

3.23% less ownership

Funds ownership: 94.56% [Q2] → 91.33% (-3.23%) [Q3]

8% less funds holding in top 10

Funds holding in top 10: 12 [Q2] → 11 (-1) [Q3]

13% less funds holding

Funds holding: 1,024 [Q2] → 891 (-133) [Q3]

40% less capital invested

Capital invested by funds: $28.5B [Q2] → $17B (-$11.5B) [Q3]

55% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 241

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $73 11% downside
• Avg. target: $89 9% upside
• High target: $105 29% upside

16 analyst ratings

• positive: 4 25%
• neutral: 11 69%
• negative: 1 6%

Evercore ISI Group Michael Montani 100% 1-year accuracy 13 / 13 met price target	18% upside $96	In-Line Maintained	6 Dec 2024
B of A Securities Koji Ikeda 72% 1-year accuracy 13 / 18 met price target	16% upside $95	Buy Upgraded	6 Dec 2024
BMO Capital Kelly Bania 64% 1-year accuracy 7 / 11 met price target	3% upside $84	Market Perform Maintained	6 Dec 2024
Goldman Sachs Kate McShane 65% 1-year accuracy 24 / 37 met price target	27% upside $104	Buy Maintained	6 Dec 2024
Truist Securities Scot Ciccarelli 70% 1-year accuracy 46 / 66 met price target	2% upside $83	Hold Maintained	6 Dec 2024