Dollar General Corporation Reports Strong Third Quarter 2019 Financial Results
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Dollar General (DG) Increases Buyback by $1B
December 5, 2019 7:01 AM ESTDollar General (NYSE: DG) repurchased $400 million of its common stock, or 2.5 million shares, under its share repurchase program in the third quarter of 2019, at an average price of $158.42 per share. The total remaining authorization for future repurchases was $561 million at the end of the third... More
Dollar General (DG) Tops Q3 EPS by 4c, Comps Increase 4.6%, Offers FY Guidance
December 5, 2019 6:58 AM ESTDollar General (NYSE: DG) reported Q3 EPS of $1.42, $0.04 better than the analyst estimate of $1.38. Revenue for the quarter came in at $7 billion versus the consensus estimate of $6.92 billion.
Same-Store Sales Increased 4.6%GUIDANCE:
Dollar General sees FY2019 EPS of $6.55-$6.65, versus the consensus of $6.61.
For fiscal year 2019, the Company now expects the following:
Net sales growth in the low 8% range, compared to its previous expectation of approximately 8%Same-store sales growth in the mid-to-high 3% range, compared to its previous... More