Market Overview

Earnings Season Winds Down: Dollar Stores Prepare To Face Off

Earnings Season Winds Down: Dollar Stores Prepare To Face Off

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

Mar 2020Wells FargoUpgradesEqual-WeightOverweight
Mar 2020Morgan StanleyMaintainsOverweight
Mar 2020Raymond JamesMaintainsStrong Buy

View More Analyst Ratings for DG
View the Latest Analyst Ratings


Related Articles (DLTR + DG)

View Comments and Join the Discussion!

Posted-In: Analyst Color Earnings Long Ideas News Previews Reiteration Analyst Ratings Trading Ideas Best of Benzinga

Latest Ratings

QEPPiper SandlerDowngrades1.0
CALMStephens & Co.Reiterates55.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at