Dollar General: Jefferies raises target price
(CercleFinance.com) - Jefferies confirms its 'buy' recommendation on Dollar General shares, with a TP nudged up from $90 to $92, the day after the retailer reported better-than-expected Q4 sales and gross margin.
SG&A expenses increased largely due to impairment charges related to the optimization of 51 pOpshelf stores, resulting in earnings missing expectations, the broker says.
Management provided weak guidance for the year, but also gave an encouraging update on the medium- and long-term outlook, Jefferies says, which remains optimistic about sales opportunities and upside potential for its gross margin.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
SG&A expenses increased largely due to impairment charges related to the optimization of 51 pOpshelf stores, resulting in earnings missing expectations, the broker says.
Management provided weak guidance for the year, but also gave an encouraging update on the medium- and long-term outlook, Jefferies says, which remains optimistic about sales opportunities and upside potential for its gross margin.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.