Dollar General (DG) Tops Q4 EPS by 4c; Comps Rose 2.8%

March 10, 2016 6:56 AM

Dollar General (NYSE: DG) reported Q4 EPS of $1.30, $0.04 better than the analyst estimate of $1.26. Revenue for the quarter came in at $5.29 billion versus the consensus estimate of $5.3 billion.

Comps rose 2.8 percent.

DG plans $1 billion of stock buybacks in 2016.

Financial Growth Outlook

The Company has established a financial growth model that is focused on long-term shareholder value creation. Key components of the model include:

Key Drivers

Annual Target

Net Sales +7 to 10%

- Square Footage

+6 to 8%

- Same-Store Sales

+2 to 4%
Operating Profit +7 to 11%
Diluted Earnings per Share +10 to 15%
Cash from Operations 7 to 8% of Sales
Capital Expenditures 2 to 3% of Sales

Annual Shareholder Return(EPS Growth + Dividend Yield)

+11 to 17%

For the 53-week fiscal year ending February 3, 2017 (“fiscal 2016”), the Company expects the 53rd week to contribute approximately 200 basis points to its net sales performance and $0.09 per diluted share to EPS.

Including the impact of the 53rd week, the Company expects its fiscal 2016 net sales and diluted EPS results to be at the high end of the ranges outlined in the growth model above. Same-store sales growth for fiscal 2016 is forecasted to be near the middle of the range as outlined in the growth model above.

For earnings history and earnings-related data on Dollar General (DG) click here.

Categories

Earnings Guidance Retail Sales Stock Buybacks

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