Dollar General: Q1 beats consensus
(CercleFinance.com) - Dollar General reports Q1 EPS that is up 8.
8% at 1.48 dollar (to early May), beating the consensus by nine cents, with operating profit that is up 4.5% at 512, 2 million dollars.
At 6.6 billion dollars, revenue is up 8.3%, including a 3.8% like-for-like increase, due to both an increase in the average ticket and more visits to stores.
The Tennessee-based retailer confirms its FY targets, including EPS of 6.30 dollars to 6.50 dollars and about 7% growth in revenues (+2.5% like-for-like).
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