Dollar General (NYSE: DG ) reported earnings on Sep. 5. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Aug. 3 (Q2), Dollar General met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share expanded significantly.
Gross margins shrank, operating margins were steady, net margins grew.
Dollar General notched revenue of $3.95 billion. The 20 analysts polled by S&P Capital IQ predicted a top line of $3.96 billion on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $3.58 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.69. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.64 per share. GAAP EPS of $0.64 for Q2 were 52% higher than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.0%, 10 basis points worse than the prior-year quarter. Operating margin was 9.8%, about the same as the prior-year quarter. Net margin was 5.4%, 130 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $3.96 billion. On the bottom line, the average EPS estimate is $0.59.
Next year's average estimate for revenue is $16.14 billion. The average EPS estimate is $2.82.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 207 members out of 236 rating the stock outperform, and 29 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 35 give Dollar General a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dollar General is outperform, with an average price target of $58.33.
If you're invested in retailers like Dollar General, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add Dollar General to My Watchlist.