Dollar General: EPS down 29% in Q1

(CercleFinance.com) - For its first accounting quarter, Dollar General reported EPS down 29.
5% to $1.65 and operating profit down 26.3% to $546.1 million, despite sales up 6.1% to $9.9 billion.

On a like-for-like basis, sales rose by 2.4%, with growth in consumables partially offset by declines in the home, seasonal and apparel categories.

For the year ending January 2025, the retail group continues to expect EPS in the range of around $6.80 to $7.55, and sales growth of around 6 to 6.7% (+2 to 2.7% on a same-store basis).

Copyright (c) 2024 CercleFinance.com. All rights reserved.