FMP
Mar 19, 2023 11:53 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Dollar General (NYSE:DG) shares fell more than 4% since the company’s reported Q4 results on Thursday, with EPS of $2.96 coming in worse than the Street estimate of $2.99. Revenue was $10.2 billion, missing the Street estimate of $10.25 billion.
For fiscal 2023, the company expects net sales growth to be in the range of 5.5%-6% and same-store sales (SSS) growth in the range of 3.0%-3.5%.
According to the analysts at Deutsche Bank, there were few surprises from the earnings release given the Feb 23 pre-announcement with Q4 EPS coming in at the high end of guidance and 2023 SSS and EPS growth reiterated.
That said, 2023 appears to be much more back-end loaded than what the market was anticipating, and the decline in planned buyback activity ($500 million vs. $2.6 billion three-year average) seems to reflect, in part, elevated capital spending.
In addition, investors will likely focus on the continued gross margin pressure, stemming from a higher degree of damages/supply-chain costs that are carrying into Q1, as well as ongoing product mix headwinds and higher shrink.
Sep 10, 2024 7:33 AM - Parth Sanghvi
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 5:30 AM - Sanzhi Kobzhan
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...