by realmichaelklemme
They did horribly last earnings, I think their stock dropped over 10% as a result. YTD it has almost lost half its value when S&P 500 has done well.
They have $18 Billion in debt and $352 million in cash, with rapidly shrinking revenue at -30% yoy. They don’t have more debt than market cap but they are getting there.
There are several Dollar Generals around where Iive and frankly they aren’t great. Freezers crapping out, at least 2 of them have a lot of overstock, crappy store managers and in general (heh) just not well run. I’ve also seen posts on social media about Dollar Generals elsewhere with similar issues.
Overall very bearish this earnings. Guess we’ll see Thursday.
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