Dollar General Q1 EPS $2.34 Misses $2.38 Estimate, Sales $9.34B Miss $9.46B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar General reported Q1 earnings of $2.34 per share, missing the analyst consensus estimate of $2.38, and sales of $9.34 billion, missing the $9.46 billion estimate. This represents a 2.9% decrease in earnings and a 6.75% increase in sales compared to the same period last year.
June 01, 2023 | 10:57 am
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NEGATIVE IMPACT
Dollar General's Q1 earnings and sales missed analyst estimates, with a 2.9% decrease in earnings and a 6.75% increase in sales YoY.
Dollar General's stock price is likely to be negatively impacted in the short term due to the company missing both earnings and sales estimates. Investors may be concerned about the company's performance and growth, leading to selling pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100