Dollar General (NYSE: DG) reported Q4 EPS of $2.10, $0.09 better than the analyst estimate of $2.01. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $7.15 billion.

• Fourth Quarter Same-Store Sales Increased 3.2%

Fiscal Year 2020 Financial Guidance and Store Growth Outlook:

For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the Company expects the following:

• Net sales growth of 7.5% to 8.0%
• Same-store sales growth of 2.5% to 3.0%
• Diluted EPS growth of approximately 11.5%
• Diluted EPS growth of approximately 10.0% compared to fiscal year 2019 adjusted diluted EPS, which excludes the impact of the Significant Legal Expenses3
• Diluted EPS assumes an effective tax rate within the range of 22.0% to 22.5%
• Share repurchases of approximately $1.15 billion
• Capital expenditures in the range of $925 million to $975 million, including those related to investments in the Company’s strategic initiatives

The diluted EPS growth guidance outlined above includes the anticipated impact of previously implemented tariff rates on certain products imported from China. The guidance does not contemplate any additional increases in tariff rates, any expansion of additional products subject to tariffs, or any tariff-related impacts to broader consumer spending.

Based on information currently known by management, the Company does not anticipate that supply chain disruptions experienced to date as a result of the coronavirus outbreak are likely to have a material impact on its fiscal 2020 financial results. However, the Company continues to monitor this evolving situation, and there is no guarantee that this outbreak will not have a more significant impact on its business.

The Company is also reiterating its plans to execute approximately 2,600 real estate projects in fiscal year 2020, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations.

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