Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Earnings Season Winds Down: Dollar Stores Prepare To Face Off

DLTR, DG, WMT

As earnings season comes to a close, dollar store mainstays Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) will face off delivering their third-quarter earnings in the coming weeks.

Both companies have delivered similar returns year-to-date; Dollar General is up over 7 percent on the year, with Dollar Tree coming in slightly lower at 6 percent. Dollar Tree and Dollar General have both been crushed since their last release, however, falling 16 and 13 percent, respectively.

MKM Opts For Dollar General

MKM Partners maintains a Neutral rating on Dollar Tree and keeps its Buy rating on Dollar General heading into the third-quarter release. With Wal-Mart Stores, Inc.(NYSE: WMT)'s recent release providing some guidance to the overall retail environment, MKM is expecting modest results.

“We continue to prefer DG, which is cheaper, isn’t contending with an acquisition, and could have more success in responding to a more challenging industry backdrop,” said MKM.

Despite the bullishness on Dollar General, MKM analysts expressed the sentiment that they were “probably too aggressive” on their FY 2017 forecast and cut EPS estimates from $5.20 to $5.05.

Latest Ratings for DG

Date Firm Action From To
Oct 2016 KeyBanc Initiates Coverage On Sector Weight
Oct 2016 Maintains Hold
Sep 2016 Barclays Initiates Coverage on Equal-Weight

View More Analyst Ratings for DG
View the Latest Analyst Ratings