Shares of Dollar General (NYSE:DG) moved higher by 0.3% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 13.78% year over year to $2.69, which beat the estimate of $2.57.
Revenue of $8,650,000,000 declined by 0.39% from the same period last year, which beat the estimate of $8,590,000,000.
Outlook
Dollar General expects FY21 sales growth of 0.5%-1.5% and EPS of $9.60-$10.20.
Details Of The Call
Date: Aug 26, 2021
Time: 10:00 AM
ET Webcast URL: https://investor.dollargeneral.com/websites/dollargeneral/English/2200/events-_-presentations.html
Price Action
Company’s 52-week high was at $239.35
Company’s 52-week low was at $173.50
Price action over last quarter: Up 16.02%
Company Profile
A leading American discount retailer, Dollar General operates over 17,000 stores in 46 states, selling branded and private-label products across a wide variety of categories. In fiscal 2020, more than 76% 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), 7% from home products (for example, kitchen supplies, small appliances, and cookware), and 5% 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 everyday low prices of $5 or less.
