DG Earnings Prediction
The chart below shows how DG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DG sees a +9.93% change in stock price 10 days leading up to the earnings, and a -1.95% change 10 days following the report. On the earnings day itself, the stock moves by -8.92%. This data can give you a slight idea of what to expect for the next quarter's release.
DG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
9.69B
2.42%
-1.04%
Gross Margin
29.01%
-4.82%
-6.66%
Operating Margin
4.47%
-42.47%
-36.78%
Net Margin
2.85%
-48.74%
-40.50%
EPS
1.26
-45.92%
-40.85%
No Data Available
DG Earnings Analysis
Dollar General Corp. Corporation (DG.N) Earnings Conference Call
Positive
Net Sales Increase: Net sales increased 5% to $10.2 billion in Q3 compared to net sales of $9.7 billion in last year's third quarter.
Market Share Expansion: We continued to grow market share in both dollars and units in highly consumable products sales during the quarter.
Same-Store Sales Growth: Same-store sales increased 1.3% during the quarter and was primarily driven by growth of 1.1% in average transaction amount, including increases in average items per basket and average unit retail price per item.
Customer Traffic Increase: Customer traffic also increased of 0.3% during the quarter.
Cash Flow Improvement: We generated cash flows from operations of $2.2 billion through the end of the third quarter, an increase of 52% as we continue to improve our working capital position primarily through inventory management.
Negative
Gross Profit Margin Decline: Gross profit as a percentage of sales decreased to 28.8%, a decline of 18 basis points compared to the previous year.
Operating Profit Decline: Operating profit for the third quarter decreased by 25.3% to $323.8 million, representing an operating profit margin of 3.2%, down 129 basis points.
Net Interest Expense Reduction: Net interest expense for the quarter decreased to $68 million compared to $82 million in last year's third quarter, indicating a reduction but still a significant cost.
Earnings Decline Analysis: Earnings per share (EPS) for the quarter decreased by 29.4% to $0.89, reflecting a substantial decline in profitability.
Inventory Management Challenges: Merchandise inventories were $7.1 billion at the end of Q3, a decrease of 3% compared to the prior year, indicating potential issues with stock management.
DG FAQs
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DG Earning Call Sentiment
Dollar General Corporation (DG) Q3 2024 Earnings Call Transcript
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DG.N
0.74%Positive
Basic Financial Performance: 3. The company reported a modest increase in net sales and same-store sales, but decreased EPS and operating profit. Product Development and Business Update: 3. Positive feedback on the 'Back to Basics' strategy but concerns about shrink rates and inventory management. Market Strategy: 3. Mixed sentiment due to cautious consumer spending and focus on remodels. Expenses and Financial Health: 2. Increased SG&A and decreased gross profit margin raise concerns. Shareholder Return Plan: 3. Dividend maintained, but no significant share repurchase plans. Overall, the sentiment is neutral, with no strong catalysts for significant stock movement.
