Company news: Dollar General (DG) quarterly earnings miss analysts’ expectations

Dollar General (DG) reported Q3 FY2024 earnings of $0.89 per share (versus $1.26 per share in Q3 FY2023), missing analysts’ consensus estimate of $0.94 per share.

The company’s quarterly revenues amounted to $10.183 bln (+5.0% y/y), slightly beating analysts’ consensus estimate of $10.140 bln.

The company also issued guidance for FY2025, seeing EPS of $5.50-$5.90 versus its prior guidance of $5.50-$6.20 and analysts’ consensus estimate of $5.82 and revenue growth of 4.8-5.1% y/y compared to its prior outlook of 4.7-5.3% y/y, equating to revenue of approximately of $40.56-$40.67 bln versus analysts’ consensus estimate of $40.52 bln.

DG rose to $81.31 (+2.28%) in pre-market trading.