Dollar General: Fiscal Q1 Earnings Snapshot

GOODLETTSVILLE, Tenn. (AP) — GOODLETTSVILLE, Tenn. (AP) — Dollar General Corp. (DG) on Thursday reported fiscal first-quarter net income of $363.3 million.

On a per-share basis, the Goodlettsville, Tennessee-based company said it had net income of $1.65.

The results surpassed Wall Street expectations. The average estimate of 23 analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The discount retailer posted revenue of $9.91 billion in the period, also beating Street forecasts. Twenty-two analysts surveyed by Zacks expected $9.87 billion.

Dollar General expects full-year earnings to be $6.80 to $7.55 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DG at https://www.zacks.com/ap/DG

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up