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Halls of Shrewd'm / US Policy❤
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Author: CrankyCharlie   😊 😞
Number: of 48466 
Subject: Re: CEO Todd Vasos
Date: 10/13/2023 8:27 AM
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DG BofA lowered the firm's price target on Dollar General to $100 from $105 and keeps an Underperform rating on the
shares after the company announced that Todd Vasos will replace Jeff Owen as CEO, effectively immediately, to as
Chairman of the Board Michael Calbert said "restore stability and confidence in the company moving forward." Dollar
General also lowered the midpoint of its FY24 guidance, notes the analyst, who lowered the firm's FY24 EPS estimate
to $7.60 from $8.00 following the update, driven by a reduction to the sales and margin outlook
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