Dollar Gen Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Dollar Gen (NYSE:DG) reported Q1 earnings of $514.38 million, a 21.96% increase from the previous quarter, while sales decreased by 8.43% to $9.34 billion. The company posted a return on capital employed (ROCE) of 0.09%, indicating effective capital allocation.

June 02, 2023 | 2:47 pm
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Dollar Gen's Q1 earnings increased by 21.96% to $514.38 million, while sales decreased by 8.43% to $9.34 billion. The company's ROCE of 0.09% indicates effective capital allocation.
Dollar Gen's Q1 earnings increased by 21.96% and the company posted a positive ROCE of 0.09%, which suggests effective capital allocation. This is a positive indicator for the company's future performance and could lead to higher returns and earnings per share growth. However, sales decreased by 8.43%, which may have a negative impact on the stock price. Overall, the positive earnings and ROCE outweigh the decrease in sales, resulting in a likely short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100