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DG Earnings: All it’s good to find out about Greenback Common’s Q3 2024 earnings outcomes | AlphaStreet

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Greenback Common Company (NYSE: DG) reported its third quarter 2024 earnings outcomes at the moment.

Internet gross sales elevated 5% year-over-year to $10.2 billion. Similar-store gross sales elevated 1.3%.

Internet revenue was $196.5 million, down 28.9% whereas EPS decreased 29.4% to $0.89 in comparison with final 12 months.  

Income beat estimates whereas earnings fell quick.

The corporate is updating its steerage for fiscal 12 months 2024 and now expects internet gross sales progress of approx. 4.8-5.1%, in comparison with its earlier expectation of approx. 4.7-5.3%.

Similar-store gross sales progress is anticipated to be approx. 1.1-1.4%, in comparison with the prior expectation of 1.0-1.6%. EPS is anticipated to be approx. $5.50-5.90, in comparison with the earlier expectation of approx. $5.50-6.20.

The inventory remained in inexperienced in premarket hours on Thursday.

Prior efficiency

Dollar General Q2 2024 Earnings Infographic

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