
Dollar General Corp DG.N shares up 0.2% on Monday ahead of fiscal Q1 report due before market open on Tuesday
The discount retailer is seen reporting adj. EPS of $1.48 vs $1.65 in year-ago quarter on rev of $10.31 bln vs $9.91 bln, as per LSEG
In last 8 quarters DG's EPS beat Street estimates 4 times while rev met or beat five times, as per LSEG
Q1 same store sals seen rising 1.4% as per LSEG which would be an improvement from Q4's 0.96% increase
In March, DG had joined a growing list of retailers warning of weak annual sales and profit, saying that its consumers were struggling to afford some essentials as high inflation and economic uncertainty dent spending power
YTD shares in DG up ~27% vs 6.9% gain for S&P 500 consumer staples index .SPLRCS
Stock last traded at $97.49 vs median PT of $96, up from $85 a month ago, as per LSEG, which shows 31 analyst ratings: 6 'strong buy,' 4 'buy,' 19 'hold' 2 'sell'