Dollar Gen Q2 2024 GAAP EPS $1.70 Misses $1.78 Estimate, Sales $10.210B Miss $10.368B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar General (NYSE:DG) reported Q2 2024 earnings per share of $1.70, missing the consensus estimate of $1.78. This represents a 20.19% decrease from the previous year. Sales were $10.210 billion, also below the $10.368 billion estimate, but up 4.23% from last year.
August 29, 2024 | 10:51 am
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Dollar General's Q2 2024 earnings and sales both missed analyst estimates, with EPS at $1.70 and sales at $10.210 billion. This could negatively impact the stock price in the short term.
The earnings per share and sales figures both missed analyst expectations, which is typically viewed negatively by investors. The significant year-over-year decrease in EPS further adds to the negative sentiment, likely leading to a short-term decline in stock price.
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IMPORTANCE 80
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