Dollar Gen Q2 EPS $2.13 Misses $2.46 Estimate, Sales $9.80B Miss $9.92B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar Gen (NYSE:DG) reported Q2 earnings of $2.13 per share, missing the analyst consensus estimate of $2.46 by 13.41%. This is a 28.52% decrease from the same period last year. The company also reported quarterly sales of $9.80 billion, missing the analyst consensus estimate of $9.92 billion by 1.25%. This is a 3.93% increase from the same period last year.
August 31, 2023 | 10:56 am
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NEGATIVE IMPACT
Dollar Gen's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Dollar Gen's earnings and sales for Q2 missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100