Services | Discount, Variety Stores | USA
Dollar General (DG) Stock Up on Q2 Earnings Beat, Upbeat View
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Adjusted earnings came in at $1.74 per share that surpassed the Zacks Consensus Estimate of $1.58 and improved 14.5% from the prior-year period. The year-over-year increase in the bottom line can be attributed to higher net sales, cost containment efforts and share repurchase activity. Notably, this was the second straight quarter of positive earnings surprise.
Net sales of $6,981.8 million increased 8.4% from the prior-year period and came ahead of the Zacks Consensus Estimate of $6,890 million for the fifth quarter in row. Contribution from new outlets and same-store sales growth favorably impacted the top line.
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https://finance.yahoo.com/news/dollar-ge...01895.html
Dollar General (DG) Stock Up on Q2 Earnings Beat, Upbeat View
...
Adjusted earnings came in at $1.74 per share that surpassed the Zacks Consensus Estimate of $1.58 and improved 14.5% from the prior-year period. The year-over-year increase in the bottom line can be attributed to higher net sales, cost containment efforts and share repurchase activity. Notably, this was the second straight quarter of positive earnings surprise.
Net sales of $6,981.8 million increased 8.4% from the prior-year period and came ahead of the Zacks Consensus Estimate of $6,890 million for the fifth quarter in row. Contribution from new outlets and same-store sales growth favorably impacted the top line.
...
https://finance.yahoo.com/news/dollar-ge...01895.html