financetom
Business
financetom
/
Business
/
Dollar General Fiscal Q4 Earnings, Net Sales Fall; Fiscal Q1, 2024 Outlook Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dollar General Fiscal Q4 Earnings, Net Sales Fall; Fiscal Q1, 2024 Outlook Issued
Mar 14, 2024 4:56 AM

07:31 AM EDT, 03/14/2024 (MT Newswires) -- Dollar General ( DG ) reported fiscal Q4 earnings Thursday of $1.83 per diluted share, down from $2.96 a year earlier.

Analysts polled by Capital IQ expected $1.73.

Net sales for the quarter ended Feb. 2 were $9.86 billion, down from $10.20 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.78 billion.

For fiscal Q1, the retailer said it expects diluted EPS in the range of $1.50 to $1.60. Analysts polled by Capital IQ expect $1.91.

For fiscal 2024, the company said it expects diluted EPS in the range of roughly $6.80 to $7.55. Analysts polled by Capital IQ expect $7.52. Net sales for the fiscal year are expected to grow approximately 6% to 6.7%.

Additionally, Dollar General ( DG ) said its board maintained its quarterly dividend at $0.59 per share, payable around April 23 to shareholders of record as of April 9.

Shares of the company were up more than 6% in recent Thursday premarket activity.

Price: 168, Change: +9.83, Percent Change: +6.21

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 >
BRIEF-Via Renewables Says Shareholders Voted, To Approve Agreement And Plan Of Merger By And Among Company, Retailco LLC And Nuretailco LLC
BRIEF-Via Renewables Says Shareholders Voted, To Approve Agreement And Plan Of Merger By And Among Company, Retailco LLC And Nuretailco LLC
Jun 7, 2024
June 7 (Reuters) - Via Renewables Inc ( VIA ): * VIA RENEWABLES ( VIA )- SHAREHOLDERS VOTED, TO APPROVE AGREEMENT AND PLAN OF MERGER BY AND AMONG COMPANY, RETAILCO LLC AND NURETAILCO LLC Source text for Eikon: Further company coverage: ...
New US truck, SUV fuel economy rules much less stringent than original proposal
New US truck, SUV fuel economy rules much less stringent than original proposal
Jun 7, 2024
WASHINGTON (Reuters) - President Joe Biden's administration on Friday finalized tighter fuel economy rules for trucks and sport utility vehicles through 2031 that are not as stringent as it first proposed, a federal agency said. The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a significant win...
Market Chatter: Tesla Contests $5.6 Billion Legal Fee Request for Musk's Voided Pay Package
Market Chatter: Tesla Contests $5.6 Billion Legal Fee Request for Musk's Voided Pay Package
Jun 7, 2024
02:46 PM EDT, 06/07/2024 (MT Newswires) -- Tesla (TSLA) wants to pay as little as $13.6 million to the legal team that got Chief Executive Elon Musk's $56 billion pay package voided, against a $5.6 billion legal fee they requested, Reuters reported Friday, citing court documents. Shareholder Richard Tornetta's legal team, which includes Bernstein Litowitz Berger & Grossmann, Friedman Oster...
BRIEF-Cine Top Culture Holdings Limited Now Sees US IPO Of Up To 3.75 Mln Ordinary Shares - SEC Filing
BRIEF-Cine Top Culture Holdings Limited Now Sees US IPO Of Up To 3.75 Mln Ordinary Shares - SEC Filing
Jun 7, 2024
June 7 (Reuters) - * CINE TOP CULTURE HOLDINGS LIMITED NOW SEES US IPO OF UP TO 3.75 MILLION ORDINARY SHARES - SEC FILING * CINE TOP CULTURE HOLDINGS LTD.: EF HUTTON LLC IS NOW THE UNDERWRITER FOR U.S. IPO * CINE TOP CULTURE HOLDINGS LIMITED SAYS PREVIOUSLY EXPECTED US IPO OF UP TO 4.60 MILLION ORDINARY SHARES * CINE...
Copyright 2023-2025 - www.financetom.com All Rights Reserved