Dollar General promotes SVP to interim CFO

Exec joined retailer from Yum! last fall
Jun 25, 2015 7:27 AM

Dollar General CFO sells stock block

Outgoing Dollar General CFO David Tehle late last week cashed in some of his stock holdings. The 58-year-old, who will step down in a few weeks, exercised about 23,000 options that would have expired between 2022 and 2024, paying between $45 and $58 to do so. He then sold more than 36,000 shares — almost three-fourths of this total holdings — for an average of almost $78 per share. Tehle's take from the transactions was almost $1.7 million.

Jun 15, 2015 7:19 AM

Dollar General names new top operations exec

Retired SVP rejoins retailer as Safeway veteran exits suddenly
Jun 10, 2015 2:41 PM

Analysts see double-digit Dollar General upside

Shares of Dollar General (Ticker: DG) are up about 1.5 percent to about $77 after RBC Capital's Scott Ciccarelli upgraded the company to 'outperform' from 'sector perform' and lifted his price target to $86 from $82. Ciccarelli's upgrade came a day after Raymond James analyst Dan Wewer hiked his rating on Dollar General by two notches to 'strong buy,' saying the company is poised to crank its revenue growth up a notch. Wewer sees the stock climbing to $90.

Jun 10, 2015 12:10 PM

Analyst action: Genesco, Dollar General

Analyst Taposh Bari at Goldman Sachs has cut his rating on shares of Nashville-based Genesco to 'sell from 'neutral' after the company reported its first-quarter numbers. He sees the stock (Ticker: GCO), which was up about 1 percent to $67.33 Thursday afternoon, falling to $57 in the coming year.

Over at UBS, Michael Lasser says things are setting up for Dollar General to have a really good run in the coming quarters as its investments in labor and back-end operations begin to pay off. He has ticked his target for Dollar General (Ticker: DG) to $85 from $84. The stock is changing hands this afternoon at about $75.60.

Jun 4, 2015 2:27 PM

Analysts lift Dollar General targets

Analysts at RBC Capital and Telsey Advisory Group have raised their price targets on shares of Dollar General after the retailer reported first-quarter profits that beat expectations. At RBC, Scott Ciccarelli now sees Dollar General (Ticker: DG) climbing to $82 from its Tuesday close of $74.92. His previous target had been $79. Making a similar call at Telsey is Joe Feldman: He now expects Dollar General will hit $83 in the coming quarters, up from his previous target of $80.

Jun 3, 2015 7:02 AM

Dollar General, Cracker Barrel surge on strong earnings

Restaurant chain declares big special dividend
Jun 2, 2015 2:43 PM

Dollar General stays in house for next CEO

Merchandising, operations veteran to take over from Dreiling next week
May 28, 2015 9:52 AM

Ex-Dollar General worker says he was fired after exposing potential fraud

Suit claims termination came after complaint about alleged $8M coupon scheme
May 6, 2015 7:11 AM

Deutsche lifts Dollar General target

Shares of Dollar General have comfortably outpaced the broader market in the weeks since the company lost out on its pursuit of Family Dollar, but Deutsche Bank analyst Paul Trussell sees them rising at leats another 10 percent in the coming year. Citing opportunities to take market share and grow margins, Trussell this week pushed up his price target for Goodlettsville-based Dollar General to $85 from $80. Says the analyst: "With limited threats competitively (i.e. no major WMT Express rollout & FDO likely slowing growth) and a deep bench ready to fill upcoming departures, we believe DG is well positioned to drive mid-to high-teens EPS growth while also raising its dividend payout ratio."

Apr 10, 2015 7:19 AM