Dollar General: Q1 EPS down 14%
(CercleFinance.com) - Dollar General has reported Q1 EPS that is down 14.
5% to 2.41 dollars, with net sales that are up 4.2% to 8.8 billion dollars (-0.1% on a same-store basis), ahead of management's expectations.
Management said that despite continued headwinds from supply chain pressures and higher inflation, it remains focused on controlling what it can.
Dollar General still expects FY EPS growth of 12% to 14%, although has increased its target range for net sales growth to between 10% and 10.5% (including approximately 3% to 3.5% growth on a same-store basis).
Copyright (c) 2022 CercleFinance.com. All rights reserved.
5% to 2.41 dollars, with net sales that are up 4.2% to 8.8 billion dollars (-0.1% on a same-store basis), ahead of management's expectations.
Management said that despite continued headwinds from supply chain pressures and higher inflation, it remains focused on controlling what it can.
Dollar General still expects FY EPS growth of 12% to 14%, although has increased its target range for net sales growth to between 10% and 10.5% (including approximately 3% to 3.5% growth on a same-store basis).
Copyright (c) 2022 CercleFinance.com. All rights reserved.