Dollar General Reiterates FY24 Outlook: Revenue Growth 6%-6.7%, EPS $6.80-$7.55 Vs. $7.26 Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar General has reiterated its financial guidance for fiscal year 2024, expecting net sales growth of 6%-6.7% and diluted EPS between $6.80 and $7.55. The company also anticipates a negative impact on EPS due to higher incentive compensation expenses.
May 30, 2024 | 11:11 am
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Dollar General has reiterated its FY24 financial guidance, expecting net sales growth of 6%-6.7% and diluted EPS between $6.80 and $7.55. The company anticipates a $0.50 negative impact on EPS due to higher incentive compensation expenses.
The reaffirmation of financial guidance provides stability and predictability for investors. However, the anticipated negative impact on EPS due to higher incentive compensation expenses may offset some positive sentiment.
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