Categories AlphaGraphs, Earnings, Retail
DG Earnings: Key quarterly highlights from Dollar General’s Q2 2024 financial results
Dollar General Corporation (NYSE: DG) reported its second quarter 2024 earnings results today.
Net sales increased 4.2% to $10.2 billion compared to the same period a year ago. Same-store sales increased 0.5%.
Net income decreased 20.2% to $374.2 million, or $1.70 per share, compared to last year.
The top and bottom line numbers missed estimates.
The company lowered its guidance for fiscal year 2024. It now expects net sales growth of approx. 4.7-5.3%, compared to its previous expectation of approx. 6.0-6.7%.
Same-store sales growth is now expected to be approx. 1.0-1.6%, compared to the prior range of 2.0-2.7%. EPS is now expected to be approx. $5.50-6.20, compared to the previous outlook of approx. $6.80-7.55.
The earnings miss and the guidance cut sent the stock crashing over 21% in premarket hours on Thursday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from CarMax’s (KMX) Q4 2025 earnings results
CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased
American Express (AXP) likely to report higher Q1 revenue and profit
American Express Company (NYSE: AXP) has continued its profitable growth trajectory amid stable demand for its services and strong consumer engagement. That is despite a slowdown in spending among small
DAL Earnings: All you need to know about Delta Air Lines’ Q1 2025 earnings results
Delta Air Lines (NYSE: DAL) reported its first quarter 2025 earnings results today. Operating revenue increased 2% year-over-year to $14 billion. Net income was $240 million, or $0.37 per share,
