Dollar General (DG)

• Market cap: $16.8B
• 1 day: 3.40%
• 5 days: 0.07%
• 1 month: 4.27%
• 3 months: -11.17%
• 6 months: -40.08%
• Year to date: -45.60%
• 1 year: -40.73%
• 5 years: -51.25%
• 10 years: 11.27%
• 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: $814M | Put options by funds: $827M

8% less repeat investments, than reductions

Existing positions increased: 320 | Existing positions reduced: 349

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] → 893 (-131) [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: 109 | Existing positions closed: 240

Research analyst outlook

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

• Low target: $73 4% downside
• Avg. target: $88 15% upside
• High target: $104 36% upside

12 analyst ratings

• positive: 4 33%
• neutral: 7 58%
• negative: 1 8%

Evercore ISI Group Michael Montani 76% 1-year accuracy 13 / 17 met price target	26% upside $96	In-Line Maintained	6 Dec 2024
B of A Securities Koji Ikeda 65% 1-year accuracy 13 / 20 met price target	24% upside $95	Buy Upgraded	6 Dec 2024
BMO Capital Kelly Bania 75% 1-year accuracy 18 / 24 met price target	10% upside $84	Market Perform Maintained	6 Dec 2024
Goldman Sachs Kate McShane 63% 1-year accuracy 25 / 40 met price target	36% upside $104	Buy Maintained	6 Dec 2024
Truist Securities Scot Ciccarelli 63% 1-year accuracy 45 / 71 met price target	9% upside $83	Hold Maintained	6 Dec 2024