BUZZ-Dollar General gains after raising annual comparable sales growth forecast
Reuters
Jun 03, 2025
BUZZ-Dollar General gains after raising annual comparable sales growth forecast
** Shares of discount store operator Dollar General DG.N up ~8% at $104.90 premarket
** Company expects same-store sales to grow 1.5% to 2.5% during fiscal 2025, compared with its previous forecast of 1.2% to 2.2% increase
** Raises lower end of fiscal 2025 profit forecast to $5.20 per share from $5.10 per share; upper end is unchanged at $5.80 per share
** Reports Q1 same-store sales growth of 2.4%, compared with analysts' estimate of 1.41% rise - data compiled by LSEG
** Q1 adjusted profit at $1.78 per share compared with estimate of $1.48 per share
** Up to last close, shares up about 28.2% YTD
(Reporting by Anuja Bharat Mistry in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))
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