Dollar General's miserable second-quarter results were rooted in an economic situation that should turn around. Some key competitors are on the defensive, which presents an opportunity for the ...
Dollar General stock is down 38% year to date. Dollar Tree's stock has been cut in half in 2024. Both management teams have lowered revenue outlook for the remainder of their fiscal 2024 years.
Dollar General stock has plummeted 48% since August 2023, while the S&P 500 gained 24% in the same period. DG stock is currently near five-year valuation lows with a forward P/E of 14.5x.
However, low-cost rivals Dollar Tree (DLTR) and Dollar General (DG) are grappling with declining consumer interest and mounting market challenges. Recent earnings calls reveal that “macro ...