What to Expect From Dollar General Earnings

By Chris Lange Published Aug 26, 2:05PM EDT

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Dollar General Corp. (NYSE: DG) is scheduled to report its fiscal second-quarter financial results before the markets open on Thursday. The consensus estimates from Thomson Reuters call for $0.94 in earnings per share (EPS) on $5.14 billion in revenue. In the same period of the previous year, the retailer posted EPS of $0.83 and revenue of $4.72 billion.

First and foremost, Dollar General is considered by 24/7 Wall St. as one of the top 10 stocks to own for the next decade.

Last quarter, the company confirmed guidance for the 2015 fiscal year. Dollar General expects total sales to increase 8% to 9%, with an increase in same-store sales of 3% to 3.5%, and the EPS for the fiscal year are expected to be roughly $3.85 to $3.95. Consensus estimates are $3.95 in EPS and revenue of $20.50 billion.

Dollar General is well-positioned to win with its customers as it continues to invest in growing the business. The company is currently executing its plan to deliver increased value to shareholders by capitalizing on growth opportunities and returning capital to shareholders through share repurchases and anticipated regular quarterly dividends.

In the first quarter, the company made solid progress implementing its key initiatives, with balanced growth across both its consumables and non-consumable categories. Dollar General will want to continue this effort in order to keep winning its earnings, as well as maintaining steady growth in its same-store sales.

A few analysts weighed in on Dollar General ahead of its earnings:

Deutsche Bank reiterated a Buy rating with an $85 price target.
Jefferies reiterated a Buy rating with an $89 price target.
Citigroup reiterated a Buy rating and raised its price target to $94 from $91.

Shares of Dollar General were up 1.2% at $74.62 on Wednesday afternoon. The stock has a consensus analyst price target of $83.59 and a 52-week trading range of $57.09 to $81.42.

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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.