Dollar General’s Q4 Sales Top Estimates; Profit Falls Short on Portfolio Review | Global News Avenue

General of the US dollar (DG) reported Thursday that profits due to costs exceeded expectations for fourth-quarter sales due to review of retailers’ store portfolios.

Chain release Earnings per share (EPS) $0.87 income is $10.30 Billion. It can be seen that Alpha’s analysts estimate it to be $1.52 and $10.26 billion, respectively. The retailer said the profit figures include a negative impact of $0.81 per share on the store. After review, the company “plans to close the $96 general store and 45 Popshelf stores and convert six more Popshelf stores into Dollar General Stores in the first quarter.”

“While the number of closures is less than one percent of our entire store base, we think this decision can serve our customers and the community better,” said CEO Todd Vasos.

Same-store sales It was up 1.2% year-on-year, higher than analysts’ growth forecast of 0.93%.

Dollar General expects earnings per share in fiscal 2025 to be $5.10 to $5.80, net sales grew 3.4% to 4.4%, and same-store sales rose 1.2% to 2.2%. Analysts expect full-year earnings per share to be $5.94, with revenue up 3.96% and same-store sales up 1.77%.

Oppenheimer analysts said Tuesday they expect Dollar General’s 2025 forecast to fall below consensus, adding that they believe the company’s ongoing turnover efforts have been “covered by macro and competitive headwinds” so far.

The retailer’s shares rose 4% immediately after the report Thursday. Over the past year, they have entered more than 50%.