Dollar General (NYSE:DG) Issues FY25 Earnings Guidance

Dollar General (NYSE:DG) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $5.50-6.20 for the period, compared to the consensus EPS estimate of $7.10. The company issued revenue guidance of 4.7-5.3% yr/yr to $40.51-40.74 billion, compared to the consensus revenue estimate of $41.03 billion. Dollar General also updated its FY 2024 guidance to 5.500-6.200 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DG. UBS Group reduced their target price on shares of Dollar General from $155.00 to $108.00 and set a buy rating for the company in a research note on Friday. Argus reduced their target price on shares of Dollar General from $175.00 to $170.00 and set a buy rating for the company in a research note on Monday, July 15th. The Goldman Sachs Group reduced their price objective on shares of Dollar General from $169.00 to $122.00 and set a buy rating for the company in a research note on Friday. Piper Sandler reduced their price objective on shares of Dollar General from $147.00 to $141.00 and set a neutral rating for the company in a research note on Friday, May 31st. Finally, Telsey Advisory Group cut shares of Dollar General from an outperform rating to a market perform rating and reduced their price objective for the stock from $168.00 to $103.00 in a research note on Friday. Fifteen analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Dollar General presently has an average rating of Hold and a consensus price target of $120.86.

Dollar General Price Performance

Shares of DG stock traded up $1.82 during mid-day trading on Friday, reaching $85.85. The company’s stock had a trading volume of 5,825,375 shares, compared to its average volume of 2,654,288. Dollar General has a 1-year low of $84.00 and a 1-year high of $168.07. The company has a market cap of $18.88 billion, a P/E ratio of 12.53, a PEG ratio of 2.36 and a beta of 0.43. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.18 and a current ratio of 1.22. The firm’s 50-day moving average is $123.95 and its two-hundred day moving average is $136.79.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 29th. The company reported $1.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Dollar General had a net margin of 3.85% and a return on equity of 22.80%. The business had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.37 billion. During the same quarter in the prior year, the company posted $2.13 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. On average, research analysts predict that Dollar General will post 7.21 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Tuesday, October 8th. Dollar General’s dividend payout ratio (DPR) is 34.35%.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.