Dollar General (DG): Value Retailer Attracts Renewed InterestDollar General Corporation (DG) is one of America's leading discount retailers, with over 19,000 stores nationwide. The company offers low-cost everyday essentials, including household goods, groceries, and seasonal items, catering especially to value-conscious consumers in rural and suburban areas. As economic pressures persist and shoppers look for savings, Dollar General continues to grow through new store openings, supply chain investments, and its private-label product expansion.
The stock recently found support at the 0.382 Fibonacci retracement level and closed above the 0.236 line, placing it in the momentum zone. With increased volume confirming the move, this setup suggests growing buyer interest and the potential for continued upside as sentiment shifts more positive around the retail sector.
4DGX trade ideas
$DG Cup and Handle BreakoutI noticed this cup and handle formation a few days ago, it's been breaking out above the downtrend on the handle. It sits above all moving averages and the AVWAP from the prior high on April 4. On the technical side, given the low of ~$66, a continued breakout should bring it to a high of ~$120 and which would fill the gap from the drop after earnings in August.
Dollar general - bottoming outNYSE:DG has confirmed its rounding bottom reversal and it has also broken above the downtrend line which started since March 2024. Furthermore, the breakout was supported by strong bullish candle and high volume, above the 20-period average. With the strong momentum, the stock may move to filled up the large bearish gap between 94-120 range.
Long-term MACD is looking at a strong long-term bullish momentum after the MACD/signal line is rising and histogram is positive.
Stochastic has been rising and is in a steady state, indicating strong bullish momentum in the mid-term.
23-period ROC is rising and staying above the zero line. Directional movement index is strong bullish.
Ichimoku is strong and has confirmed a three bullish golden cross
DG Potential BreakoutPrice is showing a nice strength to the upside. With 2 days remaining in the month we can see a new higher high. Today 2/26 showed a retest of a d1 breakout to the upside with rejection. DG is a long term hold and will hit new highs with plenty of gaps to fill. Hopefully February starts the reversal in the consumer staples sector.
$DG: Dollar General – Discount Dynamo or Bargain Bust?(1/9)
Good afternoon, folks! ☀️ NYSE:DG : Dollar General – Discount Dynamo or Bargain Bust?
NYSE:DG ’s at $82, riding a rocky retail road! Is this budget king stacking cash or just scraping by? Let’s rummage through the bins! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 82
• Recent Moves: Down 0.78% from Mar 7 close, per web data 📏
• Sector Vibe: Retail shaky, but discounts hold appeal 🌟
It’s a bumpy ride with a bargain twist! 🚛
(3/9) – MARKET POSITION 📈
• Market Cap: ~$18B (219.93M shares) 🏆
• Operations: 20,000+ stores, rural retail champ ⏰
• Trend: X posts hint at turnaround hopes 🎯
Tough, but planted firm in small towns! 🏡
(4/9) – KEY DEVELOPMENTS 🔑
• Analyst Takes: Bernstein’s $90 PT, per X 🔄
• Store Push: 575 new stores planned for 2025 🌍
• Market Mood: Mixed—soft sales vs. value focus 📋
Chugging along, eyes on the prize! 💪
(5/9) – RISKS IN FOCUS ⚠️
• Consumer Woes: Low-income pressure, per X 🔍
• Competition: Walmart, Dollar Tree crowding in 📉
• Margins: Profit dips spook, per web data ❄️
Risks stalk like aisle lurkers! 🕵️
(6/9) – SWOT: STRENGTHS 💪
• Scale: 20,000+ stores, rural reach 🥇
• Value Play: Budget shoppers’ haven 📊
• Growth: New store spree in 2025 🔧
A lean, mean discount machine! 🛒
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: Margin squeeze, soft sales 📉
• Opportunities: Reinvestment, consumer shift 📈
Can it turn pennies into profit? 🤔
(8/9) – 📢DG at $82, retail’s rough—your guess? 🗳️
• Bullish: $95+ soon, value shines 🐂
• Neutral: Flatline, risks weigh ⚖️
• Bearish: $70 crash, margins fade 🐻
Cast your lot below! 👇
(9/9) – FINAL TAKEAWAY 🎯
DG’s $82 stance shows grit 📈, but retail’s a grindstone 🌾. Volatility’s our sidekick—dips are DCA gems 💰. Snap ‘em up, rise steady! Paydirt or pyrite?
Bullish Spike on DG: Consumer Staples playI think that people might hate this pick... but I love "hated" tickers.
NYSE:DG came up on my 30m Spike scan this morning amid a sea of red and tanking "risk on" stocks. This indicates some interesting opening price action this morning as a "hey, come look at me!"
This action is happening in the context of a clear rotation into "safe" stocks like Consumer Staples and Utilities; DG is renowned for being a Consumer Staple. The logic is that people will still need to buy basic good, no matter what, and Dollar General's brand is to sell these at low costs to Consumers.
Dollar General experienced a meteoric rise (and fall) due to what analysts attribute as a rapid OVER-expansion. Anecdotally, I recall a newly built location in rural Georgia that I pass by frequently on trips to see family that opened, closed, and in just recent weeks was renovated and re-opened. Either way, I like a stock that everyone thinks is dead that more importantly has come to a decadal low, matching with Volume Profile support, that was also the technical Support that launched the prior rally.
Furthermore, on the Daily there is a clear path for a good Ichimoku Breakout that taking the stock now lets one get the jump on. A full Daily breakout would reverse the bear trend since last April.
One Stop for All Your Needs - $DGDollar General is a retail chain that's got pretty much everything you need. They've got:
- Food and snacks to fuel your day
- Health and beauty products to keep you looking and feeling good
- Cleaning supplies to keep your home tidy
- Basic clothes and housewares to keep you comfortable
-Seasonal stuff to get you in the mood for holidays and whatnot
They carry a ton of big-name brands, including:
- Clorox
- Energizer
- Procter & Gamble
- Hanes
- Coca-Cola
- Mars
- Unilever
- Nestle
- Kimberly-Clark
- Kellogg's
- General Mills
- PepsiCo
Dollar General was founded way back in 1939 by J.L. Turner and Hurley Calister Turner Sr. and is still headquartered in Tennessee.
DG to $72My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at or near bottom channels (period 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and below Bollinger Band
Entry at $68.95
Target is $72 or channel top
Dollar General’s Next Stop?Dollar General (DG) is building bullish momentum, with a gap forming around the $80.00 level. A breakout above the $96.88 resistance would confirm continued strength, positioning the stock to target the $122.17 weekly resistance. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $71.36 to manage downside risk.
Dollar General’s position as a leader in the discount retail space positions it well to benefit from consumers seeking value in a challenging economic environment. With its ongoing focus on store expansion, private label products, and operational efficiencies, DG remains a strong player in the retail sector. Additionally, the company’s ability to adapt to shifting consumer trends further supports its long-term growth potential.
This combination of technical momentum and strong fundamentals supports a bullish push toward $122.17, making DG a compelling opportunity for traders and investors.
NYSE:DG
Liquidity grabs on DG. Potential reversal?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Dollar General 32% CRASH Price Target $DGBullish price target: ~$100 Resistance.
Bearish price targets: ~$80 > ~$67 > ~$55.
- Based on Support, Resistance and Demand.
- Dropdown Price Range aligns with ~$67 Support.
Possible scenario: Finding support around $67 and going back up to $100 resistance. Timeframe months/years.
Dollar General ($DG) Plunges 29% on Economic Pressures Dollar General shares (NYSE: NYSE:DG ) took a dramatic 29% nosedive on Thursday, following a dismal earnings report that highlighted both external challenges and internal missteps. The discount retailer, which serves primarily rural and low-income communities, slashed its full-year sales and profit forecasts, underscoring the struggles of its core customer base in a tightening economic environment. But the challenges facing Dollar General are not solely external; a series of internal issues has also contributed to the retailer’s steep decline.
Earnings Miss: A Dual Struggle with Customer Hardship and Operational Challenges
Dollar General’s latest earnings report showed a disappointing performance, missing Wall Street expectations on both the top and bottom lines. For the second fiscal quarter, the company reported earnings per share of $1.70, falling short of the $1.79 anticipated by analysts. Revenue came in at $10.21 billion, also missing expectations of $10.37 billion. The company’s net income dropped to $374 million, or $1.70 per share, down from $469 million, or $2.13 per share, a year earlier, despite a 4.2% increase in sales year-over-year.
CEO Todd Vasos acknowledged the impact of economic conditions on Dollar General's core customers, stating, “While we believe the softer sales trends are partially attributable to a core customer who feels financially constrained, we know the importance of controlling what we can control.” Yet, he admitted that the company must do more to improve its stores and manage its inventory better.
Guidance Slashed: A Bleak Forecast for Fiscal 2024
The retailer’s outlook for fiscal 2024 reflects a cautious approach to the uncertain economic landscape. Dollar General now expects same-store sales to increase between just 1.0% and 1.6%, down from its previous estimate of 2% to 2.7%. The company also slashed its earnings per share forecast to a range of $5.50 to $6.20, from a prior range of $6.80 to $7.55. These cuts signal the company’s concerns over continued weakness in consumer spending and its ability to navigate the competitive pressures.
The retailer's challenges are compounded by stiff competition from giants like Walmart and Target, which have been aggressively cutting prices and winning over budget-conscious shoppers. Even online platforms like Temu, run by China’s PDD Holdings, are offering low-cost alternatives to the non-essential items that have traditionally driven sales at Dollar General.
Operational Shortcomings and Market Share Loss
Beyond the macroeconomic pressures, Dollar General (NYSE: NYSE:DG ) is grappling with internal problems that have exacerbated its struggles. The company has acknowledged the need for better inventory management and store improvements to curb losses and boost customer experience. Analysts point to a lack of strategic agility in an increasingly competitive discount retail environment, where rivals like Dollar Tree, Walmart, and Target are capturing more of the price-sensitive market.
Michael Montani, an analyst at Evercore ISI, highlighted the challenge Dollar General (NYSE: NYSE:DG ) faces in maintaining market share. "Dollar General's results show the challenge of maintaining market share with Walmart winning in a slower growth environment," Montani noted. Walmart and Target have recently raised their full-year profit forecasts, benefiting from price cuts that have attracted more customers.
The Path Forward: Can Dollar General Turn It Around?
While Dollar General’s situation appears grim, it’s not without hope. The company still managed to advance some of its operational goals and saw positive traffic growth, indicating that there is potential for recovery if the retailer can address its weaknesses. However, analysts remain cautious about the short-term outlook, especially given the current economic pressures on lower-income consumers and the intensifying competition.
The retailer’s future depends heavily on its ability to execute a more refined strategy that includes better inventory management, store enhancements, and possibly more competitive pricing. Dollar General must find a way to regain its footing and convince both customers and investors that it can adapt to the shifting landscape.
A Critical Moment for Dollar General
Dollar General’s sharp decline reflects a broader story of economic strain and operational missteps. As its core customers feel the pinch of a challenging economy, and as competition heats up, the company finds itself at a critical crossroads. The path to recovery will not be easy, but with strategic adjustments and a focus on operational improvements, Dollar General (NYSE: NYSE:DG ) may yet find a way to bounce back in the fiercely competitive discount retail market. The coming months will be pivotal in determining whether the retailer can overcome its current challenges or if further difficulties lie ahead.
Dollar General | DG | Long at $90.00Dollar General NYSE:DG took a massive hit this morning after revising their future earnings guidance. The economy is showing many signs of a recession, and this is a clear warning. From a technical analysis perspective, it has retouched my "crash" simple moving average and may dip further into the $80's in the near-term. But, like many overall strong companies that suddenly plummet, I view this as a future opportunity given the strength of NYSE:DG as a business (holistically). Dollar General is the only grocery and home goods store around in many rural locations. So, while there is doom and gloom in the near-term, Dollar General is in a personal buy zone at $90.00. I view this as a starter position, though, with the potential for future declines/opportunities for additional share accumulation in the near-term.
Target #1 = $100.00
Target #2 = $122.00
Target #3 = $200.00+ (very-long term outlook...)
A nice falling wedge pattern on DG! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!