Dollar General (DG) Q3 EPS Misses Estimates by 1c, Comps Increase 4.3%
Dollar General (NYSE: DG) reported Q3 EPS of $0.93, versus $0.94 consensus. Revenue for the quarter came in at $5.9 thousand, versus $5.8 billion consensus.
Same-Store Sales Increased 4.3%, Including an Estimated 30 to 35 Basis Point Net Benefit from Hurricane-Related Sales
GUIDANCE:
Dollar General sees FY2017 EPS of $4.37-$4.47, versus the consensus of $4.51.
- Fiscal 2017 net sales growth of approximately seven percent, compared to its prior guidancerange of five to seven percent growth,
- Fiscal 2017 same-store sales growth of approximately 2.5 percent, compared to its prior expectation that same-store sales would fall at the upper end of the range of slightly positive to up two percent, and
- Capital Expenditures between $700 million and $750 million, compared to its prior guidancerange of $715 million to $765 million.
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