Dollar General Sees FY24 EPS $6.80-$7.55 vs $7.55 Est., Net Sales Growth 6-6.7%
Portfolio Pulse from Benzinga Newsdesk
Dollar General has provided its financial outlook for FY24, projecting earnings per share (EPS) to be in the range of $6.80 to $7.55, which is below the estimated $7.55. The company also expects net sales growth to be between 6% and 6.7%.
March 14, 2024 | 10:58 am
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Dollar General projects FY24 EPS below estimates at $6.80-$7.55 and anticipates 6-6.7% net sales growth.
Dollar General's projected EPS for FY24 is below the estimated $7.55, which could lead to negative investor sentiment and potentially lower stock prices in the short term. The forecasted net sales growth, while positive, may not be sufficient to offset the lower than expected EPS guidance.
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