Subject: Re: DG earnings
EPS in 2022 was $10.68, and in 2023 was $7.55 (down 29.3%), so let's say for the sake of the argument that earnings might rebound 2/3 of the way to $10.68. That would put them at $8.59, probably not before 2025, …


Whoops, that would be a 1/3 rebound. A 2/3 rebound would take earnings to $9.64, putting them at 16x 2025 earnings, not 18x. Not so bad, but still not enough to convince me. Sorry for the error.