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Stock impact report

3 Reasons Why an S&P 500 Correction Won't Stop Me From Buying More Dollar General Stock [Yahoo! Finance]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: Yahoo! Finance
As of March 18, the S&P 500 was down 9% from its all-time high and had even briefly been down 10%, which is what's commonly called " correction territory ." But for Dollar General, the situation is much worse. Whereas the S&P 500 last hit an all-time high mere weeks ago, Dollar General stock hasn't sniffed an all-time high since late 2022. For its part, the stock is down roughly 70% over the last 2.5 years. A good percentage of this drop for Dollar General stock is entirely legitimate, in my view. Consider that profits tend to drive stock price over the long term. Usually this implies business growth -- it's easier to grow profits when the business is growing. For Dollar General, this hasn't been a problem. The top line just hit an all-time high and is up nearly 40% in the last five years. However, as the chart below shows, Dollar General's profits -- its earnings per share (EPS) specifically -- have been cut in half in recent years. Therefore, Dollar General stock should be d Show less Read more
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