Dollar General: Fiscal 2Q Earnings Snapshot

August 30, 2018

GOODLETTSVILLE, Tenn. (AP) _ Dollar General Corp. (DG) on Thursday reported fiscal second-quarter earnings of $407.2 million.

The Goodlettsville, Tennessee-based company said it had profit of $1.52 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The discount retailer posted revenue of $6.44 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $6.37 billion.

Dollar General expects full-year earnings to be $5.95 to $6.15 per share.

Dollar General shares have increased 15 percent since the beginning of the year, while the Standard & Poor’s 500 index has risen 9 percent. The stock has climbed 39 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DG at https://www.zacks.com/ap/DG

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