The latest "DG stock forecast" incorporates management’s guidance for 800 new store openings in underserved markets, which could add 1.5% to top-line growth in FY2024 projections. Dollar General Corp (NYSE:DG) is an American retailer that runs a chain of discount stores across the US and Mexico. It offers a wide and discounted selection of merchandise, including consumable products like food, beauty, health, pet supplies, and cleaning products, as well as non-consumable items such as seasonable merchandise. It operates around 2,000 stores, and announced plans to open more than 800 stores across the US at the opening of its 20,000th store. The company also announced plans to remodel around 1,500 locations and relocate 85 stores in 2024. To track analyst ratings and price targets for $DG, check out Quiver Quantitative's $DG forecast page. Many portfolio managers cite Dollar General’s expanding fresh produce initiative as a bullish driver in their "DG stock forecast", estimating a 3.2% increase in average basket size over the next 12 months amid shifting consumer habits.
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