Dollar General Analysts Cut Their Forecasts After Q1 Results
Portfolio Pulse from Avi Kapoor
Dollar General (NYSE:DG) reported better-than-expected Q1 FY24 results with sales growth of 6% YoY and EPS of $1.65. Despite this, analysts cut their price targets, and the stock fell 8.1%.
May 31, 2024 | 1:11 pm
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Dollar General reported better-than-expected Q1 FY24 results with 6% sales growth and $1.65 EPS. Despite this, analysts cut their price targets, and the stock fell 8.1%.
Despite Dollar General's strong Q1 performance, analysts cut their price targets, indicating concerns about future growth. This led to an 8.1% drop in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100