Dollar General Corp.

NYSE:DG   2:49:14 PM EDT
239.65
+3.80 (+1.61%)
Share Repurchases, Positive Earnings Pre-Announcement

Dollar General Increases Share Repurchase Program

Published: 08/25/2022 10:47 GMT
Dollar General Corp. (DG) - Board of Directors Increases Share Repurchase Program Authorization; Declares Quarterly Cash Dividend of $0.55 per Share.
Qtrly Net Sales Increased 9.0% to $9.4 Billion.
Qtrly Same-store Sales Increased 4.6%.
As of July 29, 2022, Total Merchandise Inventories, at Cost, Were $6.9 Billion.
Qtrly Diluted Earnings per Share (“eps”) $2.98.
Dollar General - on Aug 24, Board Increased Authorization Under Share Repurchase Program by $2.0 Billion.
Sees FY Net Sales Growth of About 11%, Including Estimated Benefit of Approximately Two Percentage Points From the 53rd Week.
Q2 Earnings per Share View $2.93, Revenue View $9.40 Billion -- Refinitiv Ibes Data (analyst estimates).
Reiterating the Remainder of Its Financial Guidance for the 53-week Fiscal Year Ending February 3, 2023.
Sees FY Same-store Sales Growth of About 4.0% - 4.5%.
FY Revenue View $37.69 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $9.42 Billion
Adjusted EPS is expected to be $2.53

Next Quarter Revenue Guidance is expected to be $10.29 Billion
Next Quarter EPS Guidance is expected to be $3.66

More details on our Analysts Page.