Company Earnings UpdateDollar General (NYSE: DG) 2Q19 Results: Beats Consensus on Revenues and Comps; Raises Guidance Coresight Research September 1, 2019 Executive Summary Dollar General reported 2Q19 revenues of $6.98 billion, up 8.4% year over year and above the $6.89 billion consensus estimate. Adjusted EPS was $1.74, up 14.5% year over year and comfortably beating the $1.57 consensus estimate. Comps increased 4.0%, beating the 2.5% consensus estimate. The company guided for 2019 revenue growth of 8%, comp growthin the low-to-mid 3% range and EPS of $6.36-6.51 (up 6-9%), and below the $6.53 consensus estimate. Dollar General reaffirmed plans to open 975 new stores, remodel 1,000 mature stores and relocate 100 stores in 2019. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: How Will Tariffs Impact China’s Singles’ Day 2025? Six Months To Go—What Brands and Retailers Need to KnowAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav PitaliyaFinancial Confidence Reaches Five-Month High; TJX Dominates Off-Price Retail; Dollar Tree Leads Dollar Stores: US Consumer Survey InsightsMarket Outlook: US Convenience Store Retailing—Charting New Paths Through Structural Headwinds
