Dollar General (DG)

• Market cap: $15.1B
• 1 day: -1.18%
• 5 days: -4.37%
• 1 month: -9.95%
• 3 months: -16.43%
• 6 months: -44.97%
• Year to date: -9.51%
• 1 year: -50.10%
• 5 years: -56.68%
• 10 years: 1.63%
• 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, 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: $819M | Put options by funds: $836M

8% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 349

3.31% less ownership

Funds ownership: 95.09% [Q2] → 91.78% (-3.31%) [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] → 894 (-130) [Q3]

40% less capital invested

Capital invested by funds: $28.6B [Q2] → $17B (-$11.6B) [Q3]

51% less first-time investments, than exits

New positions opened: 110 | Existing positions closed: 225

Research analyst outlook

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

• Low target: $80 17% upside
• Avg. target: $91 33% upside
• High target: $104 52% upside

11 analyst ratings

• positive: 5 45%
• neutral: 6 55%
• negative: 0 0%

Barclays Karen Short 50% 1-year accuracy 6 / 12 met price target	46% upside $100	Overweight Maintained	9 Jan 2025
Evercore ISI Group Michael Montani 81% 1-year accuracy 13 / 16 met price target	40% upside $96	In-Line Maintained	6 Dec 2024
B of A Securities Koji Ikeda 65% 1-year accuracy 15 / 23 met price target	39% upside $95	Buy Upgraded	6 Dec 2024
BMO Capital Kelly Bania 79% 1-year accuracy 19 / 24 met price target	23% upside $84	Market Perform Maintained	6 Dec 2024
Goldman Sachs Kate McShane 64% 1-year accuracy 25 / 39 met price target	52% upside $104	Buy Maintained	6 Dec 2024