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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks D / Dollar General (DG)
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Author: Blackswanny   😊 😞
Number: of 285 
Subject: Re: New low
Date: 09/27/23 9:59 AM
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No. of Recommendations: 7
Everything has its price and I think DG is a reasonable prospect from here on a 3 year view, (perhaps)

Things are simpler for me at the moment, happy with my portfolio of longer term compounders (coffee can)I'm just adding per month from my pension contributions atm. I have a watchlist and add per month and DG is on that list, also DIS. I've also been reviewing Brookfield BN as an accumulation op. I wouldn't put a lump sum into any of these as I did with Alphabet as they're more "fringe value" convictions for me.

I read the morningstar review recently and I find myself nodding in agreement.

"For the second straight quarter, narrow-moat Dollar General posted lackluster earnings, cut its guidance, and was punished by the market for its shortcomings. The firm's core customer remains under pressure, acutely sensitive to sticky inflation in non discretionary expenses, and pulled back on purchases in the more cyclical seasonal (negative 1%), home goods (negative 7.7%), and apparel (7%) categories in response. While we expect to lower our own $191 intrinsic valuation by a mid-single-digit percentage'consistent with higher-than-expected shrink, a 2.25% reduction in full-year revenue guidance at the midpoint (to 1.3% to 3.3% from 3.5% to 5%), and a material downgrade in expected profitability'we continue to view issues as ephemeral rather than structural and see significant long-term opportunity in the name."
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This community has written 284 posts about Dollar General. The article-length ones it recommended most:
DG earnings · 30 recs · 2024
Past as Prologue? · 27 recs · 2023
dg, the new value line, · 9 recs · 2024
TEMU · 9 recs · 2023
DG: Theft · 7 recs · 2024
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