secwatch.observer — SEC 8-K summary
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Issuer:     DOLLAR GENERAL CORP (DG)
CIK:        0000029534
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001104659-24-094354
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dollar General Q2 EPS down 20.2% to $1.70; FY2024 guidance cut sharply
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- Diluted EPS fell 20.2% to $1.70; net income $374.2M vs $468.8M YoY.
- Net sales up 4.2% to $10.2B; same-store sales +0.5% driven by traffic, offset by lower average ticket.
- Operating profit down 20.6% to $550.0M; gross margin contracted 112 bps to 30.0%.
- FY2024 guidance cut: diluted EPS now $5.50-$6.20 (vs prior $6.80-$7.55); same-store sales growth lowered to 1.0%-1.6%.
- Board declared quarterly dividend of $0.59/share; director Patricia Fili-Krushel resigned effective Aug 29 (no disagreement).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29534/000110465924094354/0001104659-24-094354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29534/000110465924094354/tm2422849d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-094354

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