Dollar General Corporation (NYSE: DG) reported fourth quarter 2020 earnings results today.
Net sales rose 17.6% year-over-year to $8.4 billion, helped by positive sales contributions from new stores and growth in same-store sales. Same-store sales increased 12.7%, driven by an increase in average transaction amount.
Net income rose 20% to $642.7 million while EPS grew 24.8% to $2.62.
For fiscal year 2021, net sales are expected to range between a 2% decline to flat while same-store sales are projected to drop 4-6%. EPS is estimated to come between $8.80-9.50.
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