Stock Analysis

Dollar General Third Quarter 2023 Earnings: EPS Misses Expectations

  •  Updated
NYSE:DG
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Dollar General (NYSE:DG) Third Quarter 2023 Results

Key Financial Results

  • Revenue: US$9.46b (up 11% from 3Q 2022).
  • Net income: US$526.2m (up 8.0% from 3Q 2022).
  • Profit margin: 5.6% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses.
  • EPS: US$2.34 (up from US$2.10 in 3Q 2022).
earnings-and-revenue-growth
NYSE:DG Earnings and Revenue Growth December 3rd 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dollar General EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.4%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Multiline Retail industry in the US.

Performance of the American Multiline Retail industry.

The company's shares are down 5.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Dollar General that we have uncovered.

What are the risks and opportunities for Dollar General?

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States.

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Rewards

  • Trading at 0.2% below our estimate of its fair value

  • Earnings are forecast to grow 7.68% per year

Risks

  • Has a high level of debt

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Share Price

Market Cap

1Y Return

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