Dollar General (DG) Tops Q4 EPS by 11c, Beats on Revenue; Offers FY24 Guidance
Dollar General (NYSE: DG) reported Q4 EPS of $1.83, $0.11 better than the analyst estimate of $1.72. Revenue for the quarter came in at $9.9 billion versus the consensus estimate of $9.76 billion.
For the 52-week fiscal year ending January 31, 2025 (“fiscal year 2024”), the Company expects the following:
Net sales growth in the range of approximately 6.0% to 6.7%
Same-store sales growth in the range of 2.0% to 2.7%
Diluted EPS in the range of approximately $6.80 to $7.55
The Company currently anticipates an estimated negative impact to EPS of approximately $0.50 due to higher incentive compensation expense
Diluted EPS guidance assumes an effective tax rate in the range of approximately 22.5% to 23.5%
Capital expenditures, including those related to investments in the Company’s strategic initiatives, in the range of $1.3 billion to $1.4 billion.
For earnings history and earnings-related data on Dollar General (DG) click here.