Dollar General: Q1 EPS down 29%
(CercleFinance.com) - Dollar General has reported Q1 EPS that is down 29.
5% at $1.65, with operating profit down 26.3% to $546.1m, despite sales rising 6.1% to $9.9bn. NB: pmt +2.3%.
On a same-store 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 of $6.80 to $7.55, or thereabouts, with sales growth of around 6% to 6.7% (+2% to 2.7% LFL).
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