What do you think of $DG-2.8%? For me, it's a good company to buy so far - am I overlooking something? Financials good, business model thriving? Is high inflation having an impact on the downturn? 🧐🤔
What do you think of $DG-2.8%? For me, it's a good company to buy so far - am I overlooking something? Financials good, business model thriving? Is high inflation having an impact on the downturn? 🧐🤔
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This market is crazy, that's it.
The numbers aren't bad, but in this tight market, all it takes is a worse outlook or a missed estimate and the stock goes down like this.
The decline is due to the company's results and future outlook. Revenues may not be bad, but the rest of the company is lagging compared to a year ago. The EPS estimate for the rest of the year was then cut from 8% to 3-4%.