DG
SSS up 6.6%
August 2, 2002
Sell
EWJ
August 2, 2002
DG
- the place to be
July 26, 2002
Good
News Remains
July 19, 2002
ITRU
Up 61%
July 12, 2002
More
Gains
July
5, 2002
ITRU
Up 53% in 11 Days
June
28, 2002
ITRU Up 36% in Nine Days
June
26, 2002
IBN
Remains a Hold
June
14, 2002
Gold in the Markets
June 7, 2002
WINK—Sell
it for 52% Profits
May 31, 2002
South
African Breweries Update
May 24, 2002
Holds
and Sells
May 17, 2002
IC
now IBN
May 10, 2002
59%
Gains, 10 Days
May 3, 2002
WINK
up 8%
April 26, 2002
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DG SSS up 6.6%
by Ian
L. Cooper
Our Dollar General (DG:NSYE) play remains a
hold. For the July four-week period ended August 2,
the company posted total retail sales of US$434.3 million,
a 15.6% jump from the US$375.6 million posted a year
earlier. Same-store sales were up 6.6%. It's interesting
to note that DG's SSS numbers were better than the 4.5%
increase at WMT and the 1.9% increase over at FDO. Same-store
customer transactions were up 7%.
For Q2, DG's total retail sales were up 18.7% at US$14.5
billion from the US$1.22 billion posted in Q2 2001.
Same-store sales for Q2 were up 9.6%. For the 26-week
period ended August 2, DG's total retail sales increased
17.2% to US$2.84 billion from US$2.43 billion. As for
August, the company is expecting to post a 14% to 16%
increase in total sales. Same-store sales are expected
to rise 5% to 7%. These results will be released in
September.
That said - continue holding DG as well as your
NDN shares.
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