Dollar General (DG) Stock Surges 8% as Earnings Crush Wall Street Expectations
TLDR
- Dollar General reported Q2 EPS of $2.48, beating Wall Street’s estimate of $2.01
- Net sales grew 5.2% to $11.3 billion, edging past the analyst consensus of $11.2 billion
- Same-store sales rose 3.5% year-over-year, with customer traffic up 2%
- Full-year profit guidance raised to $7.80-$8.00 per share, up from $7.20-$7.45
- DG stock jumped 8.3% to $133.30 in premarket trading Thursday
Dollar General stock jumped 8.3% to $133.30 in premarket trading Thursday after the discount retailer posted a strong fiscal second quarter and raised its full-year outlook.
Dollar General Corporation, DG
The company earned $2.48 per share in the quarter ended July 31, up from $1.86 a year ago. Wall Street had expected just $2.01. Net sales came in at $11.3 billion, a 5.2% increase and a hair above the analyst consensus of $11.2 billion.
Same-store sales rose 3.5% from the prior year. Customer traffic climbed 2% while the average transaction size increased 1.5%.
$DG Q2’26 EARNINGS HIGHLIGHTS
🔹 Net Sales: $11.3B (Est. $11.19B) 🟢; +5.2% YoY
🔹 EPS: $2.48 (Est. $2.00) 🟢; +33.3% YoY
🔹 Same-Store Sales: +3.5%
🔹 Operating Profit: $769.2M; +29.2% YoY
🔹 Gross Margin: 32.6%; +127 bps YoY… Continue reading the full article at the original source below.
