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Company Earning Updates

Dollar General (DG) 3Q17 Results: Beats on Revenues and Comps, Narrows EPS Guidance

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Coresight Research

Key Points

  • Dollar General reported 3Q17 EPS of $0.93, including a nickel of hurricane-related negative impact, missing the consensus estimate by a penny. Revenues were $5.90 billion, up 11.0% year over year and beating the $5.80 billion consensus estimate.
  • Comps increased by 4.3%, beating the 2.7% consensus estimate.
  • The company narrowed its FY17 EPS guidance range to $4.37–$4.47 from $4.35–$4.50 previously; the revised guidance is below the consensus estimate of $4.51.

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