Dollar General profit beats despite sluggish consumer spending

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Go back to Dollar General profit beats despite sluggish consumer spending

Dollar General (DG) PT Trimmed at UBS; Buy Maintained on Sustainable Earnings Algorithm

December 4, 2015 7:03 AM EST

UBS maintained a Buy rating on Dollar General (NYSE: DG), and cut the price target to $78.00 (from $80.00). The high end of DG's FY'15 guidance indicates its 4Q op income will grow only ~4-5%. This is a bit slower than the ~10% growth seen in the first 3 quarters. DG still has a number of sales drivers... More