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Market Overview

Recap: Dollar General Q3 Earnings

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Shares of Dollar General (NYSE:DG) decreased 1.9% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 62.68% over the past year to $2.31, which beat the estimate of $2.00.

Revenue of $8,200,000,000 rose by 17.29% from the same period last year, which beat the estimate of $8,150,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Dollar General hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Dec 03, 2020

Time: 10:00 AM

ET Webcast URL: https://www.webcast-eqs.com/register/dollargeneral20201203/en

Price Action

52-week high: $225.25

52-week low: $125.00

Price action over last quarter: Up 6.79%

Company Overview

A leading American discount retailer, Dollar General operates over 16,000 stores in 45 states, selling branded and private-label products across a wide variety of categories. In fiscal 2019, 78% of net sales came from consumables (including paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items), 12% from seasonal merchandise (such as toys, greeting cards, decorations, and gardening supplies), 6% from home products (for example, kitchen supplies, small appliances, and cookware), and 4% from basic apparel. Stores average roughly 7,400 square feet, and about 75% of Dollar General locations are in towns of 20,000 or fewer people. The firm emphasizes value, with more than 80% of its items sold at $5 or less, mostly using an everyday-low-price strategy.

 

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