Dollar General ( DG ) shares are up during Wednesday's premarket session. On Tuesday, the company disclosed the appointment of Jerry W. "JJ" Fleeman Jr. as the new CEO, effective Jan. 1, 2027.
This leadership transition comes as the company seeks to build on its growth trajectory, adding pressure as broader markets edged lower.
Fleeman will succeed Todd Vasos, who will continue to serve as CEO until the transition date. Post transition, Vasos will take on the role of Senior Advisor until Apr. 2, 2027.
The Board of Directors expressed confidence in Fleeman's extensive experience in grocery retail, highlighting his proven track record in strategy and operations.
In his previous role as CEO of Ahold Delhaize USA, Fleeman oversaw several key initiatives that enhanced customer relationships and digital strategies.
The company aims to leverage its leadership skills to strengthen its market position further and continue its expansion into underserved areas.
Recently, the discount retailer posted fourth-quarter fiscal 2025 net sales of $10.91 billion, beating the consensus estimate of $10.82 billion. Earnings came in at $1.93 per share, topping the Street's estimate of 1.65 cents.
Dollar General ( DG ) issued fiscal 2026 guidance projecting net sales of $44.31 billion to $44.52 billion, roughly in line with analysts' consensus estimate of $44.36 billion.
The company also forecast earnings of $7.10 to $7.35 per share for 2026, versus the $7.23 per share consensus estimate.
The stock carries a Buy Rating with an average price forecast of $141.00. Recent analyst moves include:
Piper Sandler: Neutral (Raises Target to $133.00) (Mar. 13)
Morgan Stanley: Equal-Weight (Lowers Target to $150.00) (Mar. 13)
Telsey Advisory Group: Market Perform (Raises Target to $140.00) (Mar. 13)
Guggenheim Securities analyst says that despite a significant fourth-quarter earnings beat, Dollar General ( DG ) announced conservative guidance for 2026. Investors had widely expected the company to guide to earnings "well above the $7.25 Street consensus," he further wrote.
BofA Securities stated that "Comps in 2026 should be supported by the introduction of a new store format, 15+ new brands in non-consumables, scaling delivery options, trade-in from & retention of middle/higher income customers, SKU rationalization, and building on the closeout buying strategy."
The stock is currently trading 15.4% below its 20-day simple moving average (SMA) and 10.5% below its 100-day SMA, indicating a bearish trend in the short to medium term. Shares have increased 42.75% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 22.15, which is considered oversold territory, suggesting that the stock may be undervalued at this time. Meanwhile, MACD is at -6.9094, below its signal line at -4.3066, indicating bearish pressure on the stock.
The combination of oversold RSI and bearish MACD suggests mixed momentum, indicating that while the stock is undervalued, it may still face downward pressure in the near term.
Key Resistance: $120.00
Key Support: $115.00
Franklin US Mid Cap Multifactor Index ETF : 1.18% Weight
State Street SPDR S&P Retail ETF : 1.63% Weight
iShares Large Cap Value Active ETF : 2.66% Weight
DG Price Action: Dollar General ( DG ) shares were up 0.57% at $118.55 during premarket trading on Wednesday, according to Benzinga Pro data.
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