Will Dollar General or Dollar Tree Earnings Come Out on Top Thursday?

By Chris Lange Updated Jan 30, 4:51PM EST · Published Aug 28, 12:45PM EDT

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Will Dollar General or Dollar Tree Earnings Come Out on Top Thursday? — © blackred / Getty Images

Both Dollar General Corp. (NYSE: DG | DG Price Prediction) and Dollar Tree Inc. (NASDAQ: DLTR) are scheduled to announce their most recent quarterly reports on Thursday morning. The question is, which discount retailer will have a better report?

In the fiscal first quarter, Dollar General seemingly got the win. But this is not to say that Dollar Tree is not due for a win with this report. Over the past quarter, Dollar General is up about 17% while Dollar Tree is up only 1.5%.

Consensus estimates are calling for Dollar General to have $1.57 in earnings per share (EPS) and $6.89 billion in revenue. The second quarter of last year reportedly had $1.52 in EPS and $6.44 billion in revenue.

In the fiscal first quarter, Dollar General said that it had $1.48 in earnings per share (EPS) and $6.62 billion in revenue. That compared with consensus estimates of $1.39 in EPS and $6.56 billion in revenue.

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During the latest quarter, Dollar General net sales increased 8.3% year over year. This net sales increase included positive sales contributions from new stores and growth in same-store sales, modestly offset by the impact of store closures.

At the same time, same-store sales grew by 3.8%, due to increases in both average transaction amount and customer traffic.

Shares of Dollar General traded up about 1% on Wednesday, at $140.62 in a 52-week range of $98.08 to $145.06. The consensus price target is $142.23.

In addition, analysts are expecting Dollar Tree to post $0.81 in EPS and $5.71 billion in revenue. Dollar Tree said it had $1.15 in EPS and $5.53 billion in revenue in the same period of last year.

Dollar Tree reported its fiscal first-quarter results as $1.14 in EPS and $5.81 billion in revenue. Consensus estimates had called for EPS of $1.14 in EPS and revenue of $5.79 billion.

Overall, enterprise same-store sales increased 2.2% year over year. This consisted of same-store sales growth in the Dollar Tree segment of 2.5% and 1.9% in the Family Dollar segment.

Dollar Tree shares were trading up about 2% to $98.55, in a 52-week range of $78.78 to $113.38. The consensus analyst target is $111.81.
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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.