Dollar General (DG) Tops Q1 EPS by 9c, Comps Increase 3.8%, Maintains FY Guidance
Dollar General (NYSE: DG) reported Q1 EPS of $1.48, $0.09 better than the analyst estimate of $1.39. Revenue for the quarter came in at $6.6 billion versus the consensus estimate of $6.56 billion.
- Same-Store Sales Increased 3.8%
For fiscal year 2019, the Company continues to expect the following:
- Net sales growth of approximately 7%
- Same-store sales growth of approximately 2.5%
- Operating profit growth of approximately 4% to 6%
- Diluted EPS in the range of $6.30 to $6.50; assumes an effective tax rate range of 22.0% to 22.5%
- Share repurchases of approximately $1.0 billion
- Capital expenditures in the range of $775 million to $825 million, including those related to investments in the Company’s strategic initiatives
For earnings history and earnings-related data on Dollar General (DG) click here.