Categories AlphaGraphs, Earnings, Retail

Dollar General (DG) Q4 earnings top expectations, revenues miss

Dollar General Corporation (NYSE: DG) reported a decline in fourth-quarter earnings, despite a 3% increase in net sales. Earnings beat analysts’ estimates, while the top-line missed. The company also provided guidance for the first quarter and fiscal 2022.

Dollar General Q4 2021 earnings infographic

Net income decreased to $597.4 million or $2.57 per share in the fourth quarter of 2021 from $642.7 million or $2.62 per share in the same period of last year. However, the bottom line came in above Wall Street’s prediction.

Meanwhile, net sales increased around 3% annually to $8.65 billion but missed analysts’ forecast. The topline was affected by a 1.4% decrease in same-store sales. The management also raised the quarterly cash dividend by 31%.

Read management/analysts’ comments on Dollar General’s Q4 results

“Despite a more challenging than expected operating environment, our teams remained focused on executing our operating priorities and advancing our strategic initiatives, which we believe position us well for solid sales and profit growth in 2022 and beyond,” Todd Vasos, chief executive officer of Dollar General.

Prior Performance

  • Dollar General Q1 2021 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Add Comment
Viewing Highlight