Dollar General: cuts FY targets

(CercleFinance.com) - Dollar General has said that it is now targeting FY EPS of between 5.
85 dollars and 6.05 dollars, against 5.95-to-6.15 dollars previously, with sales expected to rise by around 9%, vs. 9% to 9.3%.

The Tennessee-based retail group reports Q3 EPS that is up 35.5% at 1.26 dollar (period ended in early November), in line with the consensus.

At 6.4 billion dollars, revenue is up 8.7%, including 2.8% growth at constant stores, due to an increase in the average receipt, while customer traffic has overall remained the same.



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