• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Dollar General might have beat on EPS on yesterday morning’s earnings report, but the road ahead is a bumpy one that will be tough for the company in the near-term. The company saw consumables grow as a percent of sales in the third quarter but at a decelerating rate sequentially on a trailing twelve month basis. Q4 comps will be particularly difficult as one of Dollar General’s competitors, Family Dollar (FDO), has started offering tobacco products at its stores as a way to achieve its comp (something no other dollar store is doing at the moment). Lastly, DG’s inventories are outpacing sales growth this quarter; more bad news that makes next quarter a difficult one to manage.

DG: Smokes And Mirrors - DG CatMix