We came across a bearish thesis on Dollar General Corporation (DG) on Elliot’s Musings’ Substack by Elliot. In this article we will summarize the bulls’ thesis on DG. Dollar General Corporation (DG) share was trading at $86.01 as of Sept 17th.
Dollar General’s recent performance has been notably disappointing, leading to a dramatic 30% drop in its stock price. The company’s same-store sales showed only marginal growth at 0.5%, driven by a modest 1% increase in traffic, while transaction amounts declined by 0.5%. The shift in consumer spending towards consumables and...
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