Turnaround Brewing At DG
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It’s been a long 2 1/2 years for Dollar General (DG) investors, but there appears to be light at the end of the tunnel. A few minutes ago, DG reported better-than-expected 1Q25 earnings. Comps increased 2.4% while operating margin held steady at 5.5%, resulting in an 8% increase in EPS to $1.78. On the strength of the quarter, DG marginally raised full year Net Sales, Com,p, and EPS guidance. Shares are currently +7-8% in the premarket after already rallying hard this year.
Let’s see if Dollar Tree (DLTR) confirms the turnaround when they report earnings Wednesday morning.
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