Executive Summary

• 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.