Dollar General Corp
DG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|DG | LOCK|p$&G | LOCK|yymkb$$ |
Dollar General Earnings: Trade-Down Broadens as Margin Recovery Persists; Shares Fairly Valued
Dollar General's second-quarter results featured a 5.2% net sales increase, supported by a 3.5% comparable store sales gain. Adjusted gross margin expanded roughly 50 basis points to 31.8% due to a lower inventory cost inflation and lower distribution costs, partly offset by increased markdowns.
