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Dollar General Fiscal Q4 Earnings, Net Sales Fall; Fiscal Q1, 2024 Outlook Issued
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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

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