Dollar General was recommended by Blue Chip Growth in Investment Digest issue 712, dated February 1, 2012 at $42.61. “Before the opening bell on Thursday, Dollar General Corp. (DG) announced strong operating results that capped a solid year for the company. “Compared with Q4 2010, last quarter’s sales jumped 20% to $4.19 billion. This topped the $4.11 billion consensus estimate by 2%. Over the same period, adjusted earnings jumped 32% to $299 million, or $0.87 per share. Analysts forecast earnings of $0.82 per share, so the company posted a 6% earnings surprise. Another notable achievement was that the company repurchased 4.9 million shares of its common stock during the fourth quarter. “According to management, the company was able to balance strong financial performance while making significant investments. As such, the company expects 2012 to be another profitable year; sales are slated to climb 10% to 11% while adjusted earnings are expected to fall in the range of $2.65 to $2.75 per share. All in all, I consider this a stunning earnings announcement, so be sure to add shares of this Conservative stock for less than $48.” - Louis Navellier, Blue Chip Growth, March 23, 2012
