Dollar General Q4 Beats Estimates but Guides Slower 3.7-4.2% Sales Growth
Dollar General's Q4 revenue rose 5.9% to $10.91 billion and EPS surged to $1.93, surpassing estimates by $130 million and 32 cents while operating profit more than doubled to $606.3 million. For fiscal 2026, it sees 3.7-4.2% net sales growth (~$44.1B) and EPS of $7.10-7.35.
1. Fourth Quarter Results
Dollar General reported Q4 net sales of $10.91 billion, up 5.9% year over year, exceeding the $10.78 billion consensus. Earnings per share reached $1.93, beating the $1.61 forecast, while operating profit more than doubled to $606.3 million and same-store sales increased 4.3%.
2. Fiscal 2026 Guidance
The company projects net sales growth of 3.7% to 4.2% for fiscal 2026, implying revenue of about $44.1 billion at the midpoint versus a $44.43 billion consensus estimate. Dollar General expects same-store sales growth of 2.2% to 2.7% and diluted EPS of $7.10 to $7.35, roughly in line with analysts’ forecasts.
3. Expansion and Capital Expenditures
In fiscal 2026, Dollar General plans approximately 4,730 real estate projects, including about 450 new U.S. stores and 10 in Mexico, plus remodels of roughly 4,250 locations under two renovation programs. Capital expenditures are forecast at $1.4 billion to $1.5 billion to support these initiatives.