NYSE$DG

Dollar General Corporation · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Dollar General reported higher revenue, net income, and EPS for Q1 2025, driven by same-store sales growth and strong category performance.

Dollar General posted solid Q1 2025 results with revenue of $10.44 billion and EPS of $1.78. Same-store sales increased 2.4% and the company raised full-year guidance, citing strong operational execution and market share gains.

  • Net sales rose to $10.44 billion, up 5.3% year-over-year.
  • Same-store sales increased 2.4%, with higher average transaction amounts.
  • Operating income grew to $576.1 million, up 5.5%.
  • Net income rose to $391.9 million with EPS of $1.78.

Headline financials

Total Revenue

$10.4B

Previous: $9.91B+5.3%
EPS

$1.78

Previous: $1.65+7.9%
Stores at End of Period

20.6K

No prior period
Net New Stores

-12

No prior period
Selling Square Footage

157.0M

No prior period
Free Cash Flow

$392M

Previous: $363M+7.9%
Net Income

$392M

Previous: $363M+7.9%
Operating Income

$576M

Previous: $546M+5.5%
Gross Profit

$3.23B

Previous: $2.99B+8.0%
Cash & Equivalents

$850M

Previous: $721M+17.9%
Total Assets

$31B

Previous: $31B-0.1%

Revenue & EPS history

Dollar General · Revenue · Quarterly

$10.4B

Q1 2025+5.3%vs Q1 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Dollar General · $9.46B total across 4 segments · Q3 2023

  • Consumables
    $7.66B+14.3%
  • Seasonal
    $943M+3.2%
  • Home Products
    $574M+4.2%
  • Apparel
    $283M-18.8%

Forward guidance

Dollar General raised its FY25 guidance following Q1 outperformance, while acknowledging uncertainty from tariffs and potential impact on consumer behavior.

Tailwinds

  • FY25 net sales growth expected to be 3.7% to 4.7%, raised from previous 3.4% to 4.4%
  • Same-store sales growth now forecast at 1.5% to 2.5%
  • EPS guidance increased to $5.20–$5.80 from $5.10–$5.80
  • Capex maintained at $1.3B to $1.4B to support strategic initiatives
  • Plans to execute ~4,885 real estate projects in FY25

Headwinds

  • Tariff-related price increases may pressure consumer spending
  • Uncertainty in the tariff environment could impact profitability
  • Store closures partially offset sales growth from new stores
  • SG&A expenses increased as % of net sales
  • Consumer traffic declined 0.3% despite higher transaction size

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.2%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+0.7%

Avg return

30 days after

49%

30 / 61 earnings

Positive

+16.9%

Q1 2022

Best reaction

-33.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+5.6%-9.6%-20.1%
Q3 2025+11.5%+14.2%+24.5%
Q2 2025-2.3%-0.7%-8.2%
Q1 2025+15.8%+16.8%+17.4%
Q4 2024+6.8%+8.8%+19.0%
Q3 2024+2.6%+3.6%-6.1%
Q2 2024-33.0%-32.3%-29.5%
Q1 2024-1.7%-3.4%-5.1%
Q4 2023-3.9%-2.6%-6.6%
Q3 2023-5.0%-7.4%+1.4%
Q2 2023-17.4%-19.3%-32.9%
Q1 2023-17.4%-21.9%-15.6%
Q4 2022-4.5%-3.9%-2.4%
Q3 2022-4.6%-4.0%-3.7%
Q2 2022-4.5%-3.5%-2.4%
Q1 2022+16.9%+12.8%+26.9%
Q4 2021+8.1%+6.4%+17.1%
Q3 2021-0.4%+0.8%+5.9%
Q2 2021-4.0%-5.0%-7.3%
Q1 2021+1.5%+0.7%+6.0%
Q4 2020+0.1%+5.1%+15.6%
Q3 2020-1.9%-2.8%-3.3%
Q2 2020-1.8%-2.1%+2.1%
Q1 2020+2.3%+2.4%+1.2%
Q4 2019-7.5%-2.0%+7.4%
Q3 2019+0.8%+0.5%+1.2%
Q2 2019+10.7%+10.4%+13.5%
Q1 2019+7.4%+9.7%+14.0%
Q4 2018-5.6%-2.9%+1.4%
Q3 2018-4.5%-8.1%-3.5%
Q2 2018+1.0%+2.9%+2.4%
Q1 2018-7.5%-2.4%+2.2%
Q4 2017+7.0%+4.7%+7.9%
Q3 2017+2.8%+0.4%+5.4%
Q2 2017-5.5%-3.1%+5.6%
Q1 2017+7.5%+2.7%-1.8%
Q4 2016-0.7%-3.8%-5.6%
Q3 2016-3.6%-2.1%-4.2%
Q2 2016-17.7%-17.6%-21.5%
Q1 2016+6.8%+6.9%+9.5%
Q4 2015+13.0%
Q3 2015+5.8%
Q2 2015-2.4%
Q1 2015+4.4%
Q4 2014+4.0%
Q3 2014+2.3%
Q2 2014+0.5%
Q1 2014+4.3%
Q4 2013-3.5%
Q3 2013+6.8%
Q2 2013+6.5%
Q1 2013-6.3%
Q4 2012+4.3%
Q3 2012-4.7%
Q2 2012-0.0%
Q1 2012-3.8%
Q4 2010+5.3%
Q3 2011-0.8%
Q2 2011+8.3%
Q1 2011-8.8%
Q4 2011-8.8%

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