- Sanctions viewed only as past resort, with dialogue very first
- Sanctions for breaching ILO rules, Paris climate pact
- Some lawmakers want current trade agreements included
By The Valuentum Team
On May 26, Dollar General Corporation (NYSE:DG) reported first quarter earnings for fiscal 2022 (period ended April 29, 2022) that beat both consensus top- and bottom-line estimates. Even in the face of major supply chain issues and inflationary headwinds, Dollar General modestly increased its net sales and same-store sales growth guidance for fiscal 2022 and maintained its other forecasts.
We are big fans of Dollar General’s resilient business model, strong cash flow profile, and its various strategic initiatives, including rolling out new store concepts, expanding into Mexico, improving its distribution operations, upgrading its digital operations, adding checkout kiosks and additional cooler/freezer capacity to its stores, and adding new offerings to its stores (including produce, frozen foods, and non-consumable items).
Our fair value estimate sits at $234 per share of DG with room for upside potential to ~$292 based on