Dollar General Corp
DG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$273.00 | Jdncny | Tqsykdjp |
Dollar General Earnings: Top-Line Growth Remains Solid, but Shrink and Discounting Weighs on Margins
Narrow-moat Dollar General delivered fiscal 2024 first-quarter results that slightly exceeded our expectations. However, we do not plan to significantly alter our $145 fair value estimate, as signs of intensifying price competition should remain a headwind to margins.