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Dollar General tops same-store sales expectations in FQ3, sees margin improvement (DG:NYSE)
Dollar General exceeded same-store sales expectations in its FQ3, driven by a 4.3% increase against an anticipated 3.3%. The company reported a 5.9% year-over-year sales increase to $10.9 billion and improved its gross profit margin due to lower shrink, higher inventory markups, and reduced inventory damages. For the full year, Dollar General anticipates 3.7% to 4.2% revenue growth and EPS between $7.10 and $7.35, aligning with consensus estimates.