Home > Article
VOL. 43 | NO. 10 | Friday, March 8, 2019
Dollar General: Fiscal 4Q Earnings Snapshot
GOODLETTSVILLE, Tenn. (AP) — Dollar General Corp. (DG) on Thursday reported fiscal fourth-quarter earnings of $483.2 million.
On a per-share basis, the Goodlettsville, Tennessee-based company said it had net income of $1.84.
The results fell short of Wall Street expectations. The average estimate of 25 analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The discount retailer posted revenue of $6.65 billion in the period, exceeding Street forecasts. Twenty-five analysts surveyed by Zacks expected $6.6 billion.
For the year, the company reported profit of $1.59 billion, or $5.97 per share. Revenue was reported as $25.63 billion.
Dollar General expects full-year earnings to be $6.30 to $6.50 per share.
Dollar General shares have increased 12 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 12 percent. The stock has increased 35 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