earnings
confidence high
sentiment negative
materiality 0.80
Dollar General Q3 EPS $1.26 vs $2.33 YoY; same-store sales -1.3%; reiterates FY23 guidance
DOLLAR GENERAL CORP
2023-Q3 EPS reported
$5.73
revenue$28,833,095,000
- Net sales $9.7B (+2.4%); same-store sales -1.3% driven by lower avg transaction.
- Operating profit $433.5M (-41.1%); Diluted EPS $1.26 (-45.9%).
- Gross margin 29.0% vs 30.5% due to higher shrink, lower markups, higher markdowns.
- Reiterated FY23 EPS guidance $7.10-$7.60; FY24 plans 800 new stores, 1,500 remodels.
- Declared $0.59/share quarterly dividend payable Jan 23, 2024 to holders of record Jan 9.