Insight Report 2 minutes PremiumDollar General (DG) 1Q16 Results: EPS Tops Estimates as Customers Spend More Coresight Research May 26, 2016 Executive Summary Dollar General reported 1Q16 revenues of $5.27 billion, up 7.0% year over year and in line with the consensus estimate. Including a $0.03 benefit from a lower tax rate, EPS was $1.03, beating the consensus estimate of $0.95. Comps were up 2.2%, slightly below the consensus of 2.4%. Comps were driven by increases in customer traffic and average transaction value and growth in both consumables and nonconsumables, with consumables growing more strongly. For FY16, the company expects an increase of 7%–10% in net sales, to $21.8–$22.4 billion, and an increase of 10%–15% in EPS, to $4.36–$4.55. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: August 2023 US Housing Market Indicators: Mortgage Rate Increases to Highest in Over 21 YearsRetail-Tech Landscape: Israel—December 2023 UpdateUS Mass Merchandisers, Warehouse Clubs and Discount Stores—Retail 2024 Sector Outlook: Slower Growth; Stronger Focus on EssentialsWeinswig’s Weekly: Here’s How US Consumers Will Spend Labor Day