![Trio Petroleum Corp. [TPET] reports $1.6 million quarterly net loss](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fnews_images%2Farticle_images%2520%252838%2529_20250611042717195.jpg&w=3840&q=75)
![Okmin Resources, Inc. [OKMN] reports $67.2 thousand quarterly net loss](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fnews_images%2Farticle_post07-770x500_20250517142523992.jpg&w=3840&q=75)
Dollar General Beats Q1 Estimates, Raises Full-Year Outlook on Strong Same-Store Sales
The retailer reported EPS of $1.78 and revenue of $10.44 billion, topping forecasts. Full-year sales and earnings guidance were raised following a strong start to 2025.
Shares of Dollar General (NYSE: DG) jumped in premarket trad ing Tuesday after the discount retailer posted better-than-expected results for the first quarter of fiscal 2025 and raised its full-year outlook.
Dollar General reported fiscal Q1 earnings of $391.9 million, or $1.78 per share, exceeding Wall Street expectations. Analysts surveyed by Zacks Investment Research had forecast earnings of $1.47 per share. Revenue also surpassed projections, reaching $10.44 billion compared to the consensus estimate of $10.29 billion.
Net sales rose 5.3% year over year, driven by contributions from new store openings and growth in same-store sales, despite some impact from recent store closures. Same-store sales increased 2.4% in the quarter, reflecting a 2.7% rise in average transaction amount and a 0.3% decline in customer traffic.
Sales growth was reported across all key categories, including consumables, seasonal, home products, and apparel.
“We are pleased with our start to the year, including strong same-store sales and EPS results,” said Todd Vasos, Dollar General’s chief executive officer. “The efforts contributed to market share gains in sales of both consumables and non-consumables, and drove growth with both our core customer and trade-in customers during the quarter.”
Dollar General also raised its guidance for fiscal year 2025. The company now expects full-year earnings of $5.20 to $5.80 per share. It also revised its net sales growth forecast to approximately 3.7% to 4.7%, up from the previous range of 3.4% to 4.4%.
Same-store sales growth is now expected to be between 1.5% and 2.5%, compared to the earlier forecast of 1.2% to 2.2%.
The updated outlook assumes current tariff rates remain in place through mid-August 2025, though the company has contingency plans for potential changes to tariffs on Chinese imports announced on April 2, 2025.
Candorium Free Members
Join Candorium to access the full article and more
