Q1 26 EPS
$1.78
BEAT +19.87%
Est. $1.49
Q1 26 Revenue
$10.44B
BEAT +1.46%
Est. $10.29B
vs S&P Since Q1 26
-15.2%
TRAILING MARKET
DG +5.7% vs S&P +20.9%
Market Reaction
Did DG Beat Earnings? Q1 2026 Results
Dollar General kicked off fiscal 2025 with one of its strongest quarters in recent memory, posting diluted EPS of $1.78 against a consensus estimate of $1.49, a beat of nearly 19.87%, while net sales of $10.44 billion topped expectations by 1.46% and… Read more Dollar General kicked off fiscal 2025 with one of its strongest quarters in recent memory, posting diluted EPS of $1.78 against a consensus estimate of $1.49, a beat of nearly 19.87%, while net sales of $10.44 billion topped expectations by 1.46% and climbed 5.3% year-over-year. The primary engine behind the outperformance was a 2.4% increase in same-store sales, itself powered by a 2.7% rise in average transaction size, as budget-conscious shoppers continued gravitating toward the discount chain's value proposition across all four merchandise categories, including consumables, seasonal, home products, and apparel. Gross margin expanded 78 basis points to 31.0% of net sales, aided by lower shrink and higher inventory markups, while net income rose 7.9% to $391.93 million. Management, pointing to improved execution and market share gains, raised its full-year guidance, now targeting net sales growth of 3.7% to 4.7% and diluted EPS of $5.20 to $5.80, though the updated outlook carries a notable caveat, assuming current tariff rates hold through mid-August 2025.
Key Takeaways
- • Same-store sales increased 2.4%, driven by 2.7% increase in average transaction amount
- • Gross margin expanded 78 basis points from lower shrink and higher inventory markups
- • Market share gains in both consumables and non-consumables
- • Growth with both core customers and trade-in customers
- • Interest expense declined 10.8% to $64.6 million
- • Cash flows from operations increased 27.6% to $847.2 million
- • Merchandise inventories decreased 7.0% on an average per-store basis
DG YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
DG Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased with our start to the year, including strong same-store sales and EPS results. Our efforts to improve execution and enhance the associate and customer experience are yielding positive outcomes in both our operational performance and our financial results. I want to thank our team for their hard work and dedication to serving our customers and communities with value and convenience every day. These efforts contributed to market share gains in sales of both consumables and non-consumables, and drove growth with both our core customer and trade-in customers during the quarter.”
— Todd Vasos, Q1 2026 Earnings Press Release
DG Earnings Trends
DG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DG EPS Trend
Earnings per share: estimate vs actual
DG Revenue Trend
Quarterly revenue: estimate vs actual
DG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 | — | — | — | — | — |
| Q3 26 BEAT | $0.93 | $1.28 | +37.55% | $10.65B | +0.44% |
| Q2 26 BEAT | $1.57 | $1.86 | +18.25% | $10.73B | +0.45% |
| Q1 26 BEAT | $1.49 | $1.78 | +19.87% | $10.44B | +1.46% |
| Q4 25 MISS FY | $1.50 | $0.87 | -42.00% | $10.30B | +0.40% |
| FY Full Year | $5.75 | $5.11 | -11.13% | $40.61B | +0.10% |