Subject: Re: FKA: DG
DG ($82/share, down $1.90 today): Management now anticipates earnings in the band of $5.50-$6.20 per share, revised down from the prior range of $6.80-$7.55.

DLTR ($66.50/share, down $15 today): Fiscal 2024 Adjusted earnings per share (EPS) are now expected to be within a range of $5.20 to $5.60, compared with $6.50 to $7.00 previously.


Looks like Dollar Tree didn't like having the same share price as Dollar General. Now DG is at about 14 times this year's (depressed) earnings, and DLTR is now at 12x. It slightly reinforces the idea that DG's problems are not because of (correctable) management missteps but rather some sector wide malaise.