Dollar General (DG) Tops Q1 EPS by 2c; Boosts Lower-End of FY13 EPS Outlook; Adds $1B to Buyback

Dollar General (NYSE: DG) reported Q1 EPS of $0.72, $0.02 better than the analyst estimate of $0.70. Revenue for the quarter came in at $4.38 billion versus the consensus estimate of $4.42 billion.

Comps up 4.4 percent.

Sees FY2013 EPS of $3.18 - $3.22, versus prior guidance of $3.15 - $3.22 and the consensus of $3.22.

On December 4, 2013, the Company’s Board of Directors authorized an additional $1.0 billion for share repurchases, increasing the total authorization for future repurchases to $1.2 billion. The authorization has no expiration date.

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

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