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Dollar General (DG) Reports Q4 Earnings: What Key Metrics Have to Say
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Dollar General (DG - Free Report) reported $9.86 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 3.4%. EPS of $1.83 for the same period compares to $2.96 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $9.78 billion, representing a surprise of +0.82%. The company delivered an EPS surprise of +5.17%, with the consensus EPS estimate being $1.74.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Dollar General performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same store sales growth: 0.7% versus -1.1% estimated by 21 analysts on average.
Ending store count: 19,986 versus the 20-analyst average estimate of 20,000.
Total selling square footage: 151.1 Msq ft compared to the 150.01 Msq ft average estimate based on 20 analysts.
Store closings: 37 compared to the 22 average estimate based on 19 analysts.
New store openings: 297 versus 293 estimated by 19 analysts on average.
Net sales per square foot: $65.25 versus the 14-analyst average estimate of $65.05.
Net Sales Per Store: $0.49 million versus $0.50 million estimated by 13 analysts on average.
Net Sales by category- Consumables: $7.90 billion versus the seven-analyst average estimate of $7.90 billion. The reported number represents a year-over-year change of -1.9%.
Net Sales by category- Seasonal: $1.10 billion versus $1.12 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -7.3% change.
Net Sales by category- Home products: $581.50 million versus the five-analyst average estimate of $588.70 million. The reported number represents a year-over-year change of -11.7%.
Net Sales by category- Apparel: $275.13 million versus the five-analyst average estimate of $272.43 million. The reported number represents a year-over-year change of -7.9%.
Shares of Dollar General have returned +19.8% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Dollar General (DG) Reports Q4 Earnings: What Key Metrics Have to Say
Dollar General (DG - Free Report) reported $9.86 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 3.4%. EPS of $1.83 for the same period compares to $2.96 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $9.78 billion, representing a surprise of +0.82%. The company delivered an EPS surprise of +5.17%, with the consensus EPS estimate being $1.74.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Dollar General performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same store sales growth: 0.7% versus -1.1% estimated by 21 analysts on average.
- Ending store count: 19,986 versus the 20-analyst average estimate of 20,000.
- Total selling square footage: 151.1 Msq ft compared to the 150.01 Msq ft average estimate based on 20 analysts.
- Store closings: 37 compared to the 22 average estimate based on 19 analysts.
- New store openings: 297 versus 293 estimated by 19 analysts on average.
- Net sales per square foot: $65.25 versus the 14-analyst average estimate of $65.05.
- Net Sales Per Store: $0.49 million versus $0.50 million estimated by 13 analysts on average.
- Net Sales by category- Consumables: $7.90 billion versus the seven-analyst average estimate of $7.90 billion. The reported number represents a year-over-year change of -1.9%.
- Net Sales by category- Seasonal: $1.10 billion versus $1.12 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -7.3% change.
- Net Sales by category- Home products: $581.50 million versus the five-analyst average estimate of $588.70 million. The reported number represents a year-over-year change of -11.7%.
- Net Sales by category- Apparel: $275.13 million versus the five-analyst average estimate of $272.43 million. The reported number represents a year-over-year change of -7.9%.
View all Key Company Metrics for Dollar General here>>>Shares of Dollar General have returned +19.8% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.