Dollar General Corporation (NYSE:DG) reported better-than-expected third-quarter fiscal 2025 results and raised its full-year guidance on Thursday.
The discount retailer posted net sales of $10.65 billion, almost in line with the consensus estimate of $10.64 billion. Earnings came in at $1.28 per share, topping the Street’s estimate of 95 cents.
On Thursday, Dollar General said it is raising its financial expectations for 2025, primarily to reflect its outperformance in the third quarter, as well as its improved outlook for the remainder of the year, while also taking into consideration the potential for uncertainty related to consumer behavior.
The company increased fiscal 2025 earnings guidance from $5.80-$6.30 to $6.30-$6.50, compared to the consensus of $6.17. The company raised the sales guidance from $42.36 billion-$42.56 billion to $42.52 billion-$42.60 billion compared to the consensus of $42.52 billion.
Dollar General shares rose 6.5% to trade at $133.55 on Friday.
These analysts made changes to their price targets on Dollar General following earnings announcement.
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