Dollar General: Q1 EPS up one third
(CercleFinance.com) - Dollar General has announced Q1 EPS that is up a third at 1.
36 dollar (ended in early May), with a 9% increase in revenues to 6.1 billion dollars, in particular thanks to the contribution from new stores.
On a same-store basis, net sales increased by 2.1%, due to an increase in the average basket, which more than offset a decline in the number of visitors, which the group says is due to adverse weather conditions.
The Tennessee-based retail group has confirmed its FY targets of EPS of between 5.95 dollars and 6.15 dollars, with net sales up approximately 9%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
36 dollar (ended in early May), with a 9% increase in revenues to 6.1 billion dollars, in particular thanks to the contribution from new stores.
On a same-store basis, net sales increased by 2.1%, due to an increase in the average basket, which more than offset a decline in the number of visitors, which the group says is due to adverse weather conditions.
The Tennessee-based retail group has confirmed its FY targets of EPS of between 5.95 dollars and 6.15 dollars, with net sales up approximately 9%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.