From Investing.com: 2025-06-03 07:07:00

Dollar General reported better-than-expected first-quarter sales, leading to a boost in their full-year profit forecast. The discount retailer’s revenue rose by 2.7% to $8.4 billion, surpassing analyst estimates of $8.3 billion. This strong performance was driven by increased demand for household essentials and the company’s ability to attract more customers.

As a result of their strong sales performance, Dollar General has raised its full-year profit forecast, anticipating earnings of $10.20 to $10.50 per share. This is an increase from their previous forecast of $9.50 to $9.75 per share. The company’s CEO attributes this positive outlook to their focus on meeting customer needs and driving growth.

Dollar General’s stock rose by 3.7% following the news of their improved sales and profit forecast. Investors were pleased with the retailer’s ability to outperform expectations and capitalize on the increased demand for essential goods during the pandemic. The company’s strong financial performance has positioned them well for future growth and success in the retail sector.



Read more at Investing.com: Dollar General lifts guidance after first-quarter sales top expectations