financetom
Business
financetom
/
Business
/
Dollar General Fiscal Q3 Earnings Down, Net Sales Up; Fiscal 2024 Outlook Narrowed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dollar General Fiscal Q3 Earnings Down, Net Sales Up; Fiscal 2024 Outlook Narrowed
Dec 5, 2024 4:43 AM

07:28 AM EST, 12/05/2024 (MT Newswires) -- Dollar General ( DG ) reported fiscal Q3 earnings Thursday of $0.89 per diluted share, down from $1.26 a year earlier.

Analysts polled by FactSet expected $0.96.

Net sales for the fiscal quarter ended Nov. 1 were $10.18 billion, up from $9.69 billion a year earlier.

Analysts surveyed by FactSet expected $10.14 billion.

For fiscal 2024, the discount retailer now expects diluted EPS of $5.50 to $5.90 on net sales growth of 4.8% to 5.1%, compared with its previous projection of diluted EPS of $5.50 to $6.20 on net sales growth of 4.7% to 5.3%. The updated guidance includes the impact of hurricane-related expenses of $32.7 million, the company said. Analysts polled by FactSet expect EPS of $5.85 on sales of $40.52 billion.

The company on Wednesday maintained a quarterly cash dividend of $0.59 per share, payable on Jan. 21 to shareholders of record as of Jan. 7.

Shares of the company were up more than 2% in Thursday's premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Ant Group quarterly profit down 31.4% year-on-year to 5.4 billion yuan
Ant Group quarterly profit down 31.4% year-on-year to 5.4 billion yuan
May 26, 2025
SHANGHAI (Reuters) -China's Ant Group posted net profit of 5.4 billion yuan ($749 million) for the three months to December 31, down 31.4% from a year earlier, Reuters calculations based on Alibaba Group Holdings' earnings released on Thursday showed. The e-commerce giant reports profit from Ant one quarter in arrears. Chinese media earlier this month reported that the fintech group...
Deere cuts lower end of annual profit forecast on softer demand
Deere cuts lower end of annual profit forecast on softer demand
May 26, 2025
May 15 (Reuters) - Deere & Co ( DE ) cut the lower end of its annual profit forecast on Thursday over softer demand for its tractors from farmers opting to rent machines instead. The world's largest agricultural-equipment maker expects its annual net income to now be between $4.75 billion and $5.5 billion, compared to its prior forecast of $5...
Birkenstock Holding's Fiscal Q2 Adjusted Earnings, Revenue Increase
Birkenstock Holding's Fiscal Q2 Adjusted Earnings, Revenue Increase
May 26, 2025
06:09 AM EDT, 05/15/2025 (MT Newswires) -- Birkenstock Holding ( BIRK ) reported fiscal Q2 adjusted earnings Thursday of 0.55 euro ($0.62) per diluted share, up from 0.41 euro a year earlier. Analysts polled by FactSet expected 0.53 euro. Revenue for the quarter ended March 31 was 574.3 million euros, up from 481.2 million euros a year earlier. Analysts polled...
Copyright 2023-2026 - www.financetom.com All Rights Reserved