- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Dollar General
Posted on 8/31/23 at 8:42 am
Posted on 8/31/23 at 8:42 am
What a shitshow of a stock this has been. Down 47% the last 12 months.
4
Posted on 8/31/23 at 12:57 pm to TDTOM
sold out about 5 months ago. Got back in this morning.
Posted on 8/31/23 at 3:08 pm to TDTOM
Look out for Family Dollar
Posted on 9/1/23 at 7:54 am to FLObserver
quote:
sold out about 5 months ago. Got back in this morning.
I haven’t traded the options or this underlying in a long time - don’t really follow it. So I’m just curious if you, or anyone here, has kept up with the fundamentals, or why a company in this space is down, when I would have expected companies in this space to be doing relatively well in challenging economic times? Like I said, just curious.
Posted on 9/1/23 at 9:01 am to TDTOM
I can’t quantify it but they have to be getting pinched in new development costs
And Wal Mart’s delivery service is venturing into DG market / territory.
And Wal Mart’s delivery service is venturing into DG market / territory.
Posted on 9/1/23 at 9:16 am to TDTOM
quote:LINK
Dollar General DG -3.49%decrease; red down pointing triangle shares fell to their lowest levels in years after the discount retailer cut its outlook for the year amid signs that its customers are pulling back on purchases.
Dollar General reported slowing sales in the recently ended quarter and said its inventory of unsold goods is piling up. The Goodlettsville, Tenn., company said it plans to burn through profit in the second half of the year to reduce inventory and improve performance at its stores. Like other retailers, Dollar General also said it expects store theft to keep rising.
“Our core customers continue to tell us they feel financially constrained,” Chief Executive Jeff Owen said. “Her savings are gone, and so certainly she is still living with the inflationary pressures.”
Signs the economy is about to crash. Inventory is piling up in other businesses too. A recession is just a sneeze away.
Posted on 9/2/23 at 10:39 am to Enadious
DG is still well positioned in a recessionary environment. It’s all about trips and they will when them along with Walmart. Interestingly, WMT is putting all their eggs in the online and delivery space for growth. Store counts will remain flat and they just need store sales to maintain. The channels that really face the headwinds are Grocery and Drug. Target is also facing more headwinds now than in at least 5-6 years. Convenience traffic inside the store ebbs and flows with gas prices.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News