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
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
