Q4 26 EPS
$N/A
Q4 26 Revenue
N/A
vs S&P Since Q4 26
-10.9%
TRAILING MARKET
DG -5.6% vs S&P +5.3%
Market Reaction
Did DG Beat Earnings? Q4 2026 Results
Dollar General delivered a blowout third quarter of fiscal 2025, posting diluted EPS of $1.28 against a consensus estimate of $0.93, a 37.55% beat that sent a clear signal the discount retailer's turnaround is gaining real traction. Net sales climbed… Read more Dollar General delivered a blowout third quarter of fiscal 2025, posting diluted EPS of $1.28 against a consensus estimate of $0.93, a 37.55% beat that sent a clear signal the discount retailer's turnaround is gaining real traction. Net sales climbed 4.6% year-over-year to $10.65 billion, edging past the $10.60 billion consensus, with a 2.5% same-store sales increase driven entirely by higher customer traffic rather than price inflation. The single biggest driver behind the earnings outperformance was gross margin expansion of 107 basis points to 29.9%, fueled by higher inventory markups and meaningfully lower shrink, a persistent pain point in prior periods. Operating profit surged 31.5% to $425.85 million, while the balance sheet improved as interest expense fell 17.6% to $55.94 million. Management raised full-year fiscal 2025 guidance, now targeting net sales growth of 4.7% to 4.9% and diluted EPS of $6.30 to $6.50, up from a prior range of $5.80 to $6.30, with analysts pointing to a potential 21% upside in the stock following the results.
Key Takeaways
- • Same-store sales increased 2.5%, driven entirely by a 2.5% increase in customer traffic
- • Market share gains across both consumable and non-consumable categories
- • Gross profit margin expanded 107 basis points to 29.9%, driven by higher inventory markups and lower shrink
- • Interest expense decreased 17.6% to $55.9 million
- • Merchandise inventories decreased 8.2% on an average per-store basis
DG Forward Guidance & Outlook
Dollar General raised its fiscal year 2025 financial guidance: net sales growth of approximately 4.7% to 4.9% (previously 4.3% to 4.8%), same-store sales growth of approximately 2.5% to 2.7% (previously 2.1% to 2.6%), and diluted EPS of approximately $6.30 to $6.50 (previously $5.80 to $6.30), assuming an effective tax rate of approximately 23.5%. Capital expenditures are expected toward the lower end of $1.3 billion to $1.4 billion. No share repurchases are assumed in fiscal 2025. The company reiterated plans for approximately 4,885 real estate projects in fiscal 2025. For fiscal 2026, the company plans approximately 4,730 real estate projects, including approximately 450 new U.S. stores, ~10 new Mexico stores, ~2,000 Project Renovate remodels, ~2,250 Project Elevate remodels, and ~20 relocations. Management acknowledged potential uncertainty related to consumer behavior.
DG YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
DG Revenue by Segment
With YoY comparisons, source: SEC Filings
“I want to thank our team for their work serving our customers and communities, which led to another quarter of strong financial results. These results were highlighted by EPS growth of 44%, strong operating margin performance, and balanced sales growth, including market share gains across both consumable and non-consumable categories.”
— Todd Vasos, Q4 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% |