
Dollar General (DG) Stock Analysis: Best Dividend Growth Stock To Buy?
Kamene Goro
Description
<p>Earlier this month Dollar General (#DG) reported their Q4 earnings and left investors and analyst with mixed emotions. The company announced GAAP EPS of $2.62 (miss by $0.07) and revenue of $8.41B (17.5% Y/Y).</p> <p>Revenues from Dollar General beat analyst expectations by $120M, but their FY2022 guidance is what's leaving investors feeling mixed. The company announced that they're unsure what this year will be like and are projecting net sales in the range of a 2% decline to flat. Of course investors want to see growth, but not all is bad news at Dollar General. A share repurchase program of $2B was also announced along with a reward to investors by a dividend increase of +16%. Should investors add to/start a new position in Dollar General if the stock continues to decline?</p>
Uploader
Episodes
Dollar General (DG) Stock Analysis: Best Dividend Growth Stock To Buy?
Kamene Goro