NYSE$DG

Dollar General Corporation · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Dollar General Corporation reported first quarter fiscal 2026 results with net sales growth of 3.4% and diluted EPS growth of 12.4%.

Dollar General posted net sales of $10.79 billion for the 13 weeks ended May 1, 2026, up 3.4% from the prior year, driven by new stores and 2.0% same-store sales growth. Operating profit rose 10.8% to $638.5 million and diluted EPS increased 12.4% to $2.00, supported by gross margin expansion. The company updated its fiscal 2026 guidance and declared a quarterly dividend of $0.59 per share.

  • Net sales grew 3.4% to $10.79 billion with same-store sales up 2.0% including positive traffic and balanced category performance.
  • Operating profit increased 10.8% to $638.5 million and diluted EPS rose 12.4% to $2.00, exceeding expectations.
  • Gross margin expanded 65 basis points to 31.6% primarily from higher inventory markups and lower shrink.
  • Company updated fiscal 2026 diluted EPS guidance upward to $7.20-$7.45 while planning approximately 460 new store openings.

Headline financials

Total Revenue

$10.8B

Previous: $10.4B+3.4%
EPS (adj)

$2.00

Previous: $1.78+12.4%
Net new stores

162

Previous: -12+1450.0%
Total selling square footage

160.7M

Previous: 157.0M+2.4%
Ending store count

21.1K

Previous: 20.6K+2.3%
Capital Expenditures

-$352M

No prior period
Free Cash Flow

$365M

Previous: $392M-7.0%
Net Income

$444M

Previous: $392M+13.3%
Operating Income

$639M

Previous: $576M+10.8%
Gross Profit

$3.41B

Previous: $3.23B+5.5%
Cash & Equivalents

$1.35B

Previous: $850M+59.2%
Total Assets

$31.7B

Previous: $31B+2.3%

Revenue & EPS history

Dollar General · Revenue · Quarterly

$10.8B

Q1 2026+3.4%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Dollar General · $10.8B total across 4 segments · Q1 2026

  • Consumables
    $8.89B
  • Seasonal
    $1.08B
  • Home products
    $523M
  • Apparel
    $287M

Forward guidance

Fiscal 2026 net sales growth expected at 3.7%-4.2% and same-store sales growth at 2.2%-2.7%; diluted EPS guidance raised to $7.20-$7.45 with capital expenditures of $1.4-$1.5 billion.

Tailwinds

  • Raised full-year diluted EPS guidance range
  • Continued execution of real estate projects including ~460 new stores
  • Effective tax rate assumption lowered to ~24.5%

Headwinds

  • Guidance assumes no share repurchases
  • Excludes potential tariff refund impacts

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.3%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+0.7%

Avg return

30 days after

48%

30 / 62 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
Q1 2026-4.0%-6.3%
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%
Q4 2011-8.8%
Q1 2011-8.8%

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