Wolfe Research Predicts Reduced Earnings for Dollar General

Dollar General Corporation (NYSE:DG) – Stock analysts at Wolfe Research cut their Q2 2027 earnings estimates for shares of Dollar General in a report released on Tuesday, June 2nd. Wolfe Research analyst S. Hanus now forecasts that the company will post earnings of $1.97 per share for the quarter, down from their previous forecast of $2.02. Wolfe Research currently has a “Outperform” rating and a $165.00 target price on the stock. The consensus estimate for Dollar General’s current full-year earnings is $7.33 per share. Wolfe Research also issued estimates for Dollar General’s Q3 2027 earnings at $1.37 EPS, Q2 2028 earnings at $2.18 EPS, Q3 2028 earnings at $1.55 EPS and FY2028 earnings at $8.16 EPS.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. Dollar General’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS.

Several other brokerages also recently commented on DG. BNP Paribas Exane reduced their target price on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Freedom Capital downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Citigroup reduced their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Daiwa Securities Group reduced their target price on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Finally, Truist Financial lifted their target price on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, June 2nd. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Performance

Shares of DG stock opened at $109.34 on Wednesday. The company has a market capitalization of $24.12 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 1.63 and a beta of 0.26. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The company has a 50-day simple moving average of $113.45 and a 200 day simple moving average of $128.83. Dollar General has a 52 week low of $95.11 and a 52 week high of $158.23.

Institutional Trading of Dollar General

A number of institutional investors have recently bought and sold shares of DG. Calamos Advisors LLC lifted its holdings in shares of Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after acquiring an additional 60,746 shares during the period. Park Capital Management LLC WI bought a new stake in shares of Dollar General during the 4th quarter worth approximately $1,245,000. Arista Wealth Management LLC bought a new stake in shares of Dollar General during the 3rd quarter worth approximately $351,000. Westpac Banking Corp lifted its holdings in shares of Dollar General by 765.2% during the 3rd quarter. Westpac Banking Corp now owns 9,197 shares of the company’s stock worth $951,000 after acquiring an additional 8,134 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares during the period. Institutional investors own 91.77% of the company’s stock.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.2%. Dollar General’s payout ratio is currently 33.38%.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Dollar General reported a solid Q1 with sales of about $10.8 billion and earnings per share of $2.00, topping estimates, while also raising full-year 2026 guidance for net sales and diluted EPS. The company also declared a $0.59 quarterly dividend, reinforcing confidence in cash generation. What Dollar General (DG)’s Strong Q1 Beat, Guidance Hike and Dividend Move Means For Shareholders
• Positive Sentiment: Same-store sales rose 2% in the quarter, driven by higher traffic and broad-based strength across categories, suggesting the business is still gaining momentum and may support further growth ahead. Dollar General’s Same-Store Sales Strength Suggests More Growth Ahead
• Positive Sentiment: Analysts and market commentators highlighted Dollar General as a value-oriented defensive name and noted that the shares have been outperforming on a strong trading day, which may be adding to investor interest. Dollar General Corp. stock outperforms competitors on strong trading day
• Neutral Sentiment: Several articles focused on analyst questions, style-score rankings, and comparisons with other consumer stocks, but these were mostly commentary rather than new business developments. Here’s Why Dollar General (DG) is a Strong Value Stock
• Neutral Sentiment: Analysts remain mixed on Dollar General, indicating some uncertainty about how quickly the company can sustain its recent improvement. Analysts Conflicted on These Consumer Goods Names: Dollar General (DG) and Natural Grocers (NGVC)
• Negative Sentiment: Despite the better quarter, one recap noted that the market initially reacted negatively to the earnings call because investors still have concerns about external pressures and competitive dynamics. 5 Insightful Analyst Questions From Dollar General’s Q1 Earnings Call

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.