earnings
confidence high
sentiment positive
materiality 0.75
DG Q1 EPS falls 14.5% to $2.41, same-store sales -0.1%, raises FY sales guidance
DOLLAR GENERAL CORP
2022-Q1 EPS reported
$2.41
revenue$8,751,352,000
- Net sales $8.8B (+4.2% YoY); same-store sales -0.1% driven by traffic decline, offset by higher average transaction.
- Operating profit $746.2M (-17.9%); gross margin 31.3% (down 151 bps) due to higher consumables mix, LIFO, transportation costs.
- Diluted EPS $2.41 vs $2.82; net income $552.7M (-18.5%).
- Raises FY22 same-store sales guidance to ~3.0-3.5% (from 2.5%); net sales growth now ~10-10.5%.
- Board declares $0.55/share quarterly dividend (unchanged), payable July 19 to holders of record July 5.