No. of Recommendations: 0
Likely related to DLTR's earnings release, which doesn't seem to seem too weak at first glance, save for the issue of shrinking margins. DLTR is down about 10% as I type. The market is certainly reacting to the downside.
To the extent there is a reason for DG's month long swoon, I suspect it may be related to news coming out re: DG foot traffic, which puts it as lagging its peers in year over year comparisons:
placer.ai - Discount and dollar chains continue to thrive.
I'm skeptical this is a long term concern for DG, and I'm holding a heavy amount, but that's my best guess as to the short term weakness, beyond "portfolio managers don't expect a swing up for this quarter".
