Dollar General

DG Q4 2025 Earnings

Reported Mar 13, 2025 at 6:57 AM ET · SEC Source

Q4 25 EPS

$0.87

MISS 42.00%

Est. $1.50

Q4 25 Revenue

$10.30B

BEAT +0.40%

Est. $10.26B

vs S&P Since Q4 25

+18.1%

BEATING MARKET

DG +48.8% vs S&P +30.7%

Full Year 2025 Results

FY 25 EPS

$5.11

MISS 11.13%

Est. $5.75

FY 25 Revenue

$40.61B

BEAT +0.10%

Est. $40.57B

Market Reaction

Did DG Beat Earnings? Q4 2025 Results

Dollar General delivered a sharply split Q4 fiscal 2024 report, posting earnings of $0.87 per share and missing the $1.50 consensus estimate by 42.00%, even as revenue of $10.30 billion edged ahead of the $10.26 billion Wall Street expected, rising 4… Read more Dollar General delivered a sharply split Q4 fiscal 2024 report, posting earnings of $0.87 per share and missing the $1.50 consensus estimate by 42.00%, even as revenue of $10.30 billion edged ahead of the $10.26 billion Wall Street expected, rising 4.5% year over year. The culprit behind the profit shortfall was a $232 million store portfolio optimization charge tied to the planned closure of 96 Dollar General locations and 45 pOpshelf stores, a restructuring that alone dragged EPS down by roughly $0.81 per share. Same-store sales grew 1.2%, though the composition was uneven, with higher average transaction values offset by a 1.1% decline in customer traffic, a pattern that reflects the ongoing financial strain on the company's core low-income shoppers. Management acknowledged that its core customer base faces continued economic pressure heading into 2025, with the CEO offering little optimism about near-term improvement in consumer finances. Looking ahead, Dollar General guided for fiscal 2025 net sales growth of 3.4% to 4.4% and diluted EPS of $5.10 to $5.80, while laying out a long-term framework targeting operating margins of 6% to 7% beginning in 2028-2029.

Key Takeaways

  • Positive sales contributions from new stores and same-store sales growth of 1.2%
  • Average transaction amount increased 2.3% in Q4
  • Consumables category drove same-store sales growth
  • Lower shrink and higher inventory markups partially offset gross margin pressures
  • Interest expense decreased 14.5% year-over-year in Q4
  • Merchandise inventories decreased 6.9% on a per-store basis
  • Annual cash flows from operations increased 25.3% to $3.0 billion
24/7 Wall St

DG YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

DG Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q3 26

“We were pleased with the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results. As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers, as demonstrated by higher customer satisfaction scores and healthy market share gains.”

— Todd Vasos, Q4 2025 Earnings Press Release