UPDATE: Dollar General Posts Upbeat Q3 Profit

Dollar General DG reported a 14% rise in its third-quarter profit. Dollar General's quarterly profit surged to $237.4 million, or $0.74 per share, versus a year-ago profit of $207.7 million, or $0.62 per share. Its adjusted earnings surged to $0.72 per share versus $0.63 per share. Its revenue climbed to $4.4 billion from $4.0 billion. However, analysts were projecting earnings of $0.70 per share on revenue of $4.4 billion. For the full year, Dollar General lifted the lower end of its earnings forecast to $3.18 to $3.22 per share, versus its earlier forecast of $3.15 to $3.22 per share. Dollar General shares gained 2.89% to $58.00 in pre-market trading.