In
this DG Earnings
August
30, 2002
Hold HPON
August
23, 2002
Dollar
Store Run
August
16, 2002
DG
SSS up 6.6%
August 9, 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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In this DG Earnings
by Ian
L. Cooper
Hold on
to Dollar General (DG:NYSE). This past Wednesday,
the company reported that its Q2 profit was up 56%,
as those seeking to save a buck or two added more fuel
to the companys sales. DG reported that net income
came in at US$42.4 million, or 13 cents per diluted
share, up from the US$27.1 million, or 8 cents a share,
posted one year earlier.
Total sales
were up 18% to US$1.45 billion from the US$1.23 billion
recorded one year earlier. The company also cited the
addition of more than 560 stores and a 9.6% upsurge
in same-store sales as reasons for the gains.
And, although
consumer spending has slowed to a crawl, earnings are
expected to remain on track for the remainder of 2002.
Bottom line: continue holding DG.
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