NYSE$DG

Dollar General Corporation · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Dollar General reported strong Q3 2025 results with significant EPS and net income growth.

Dollar General delivered strong financial performance in Q3 2025, driven by higher gross margins, reduced shrink, and balanced category growth. EPS rose sharply, supported by robust operating income growth.

  • EPS increased to $1.28, up from $0.89 in the prior year
  • Net income rose to $282,657,000, reflecting strong operating leverage
  • Revenue reached $10.65B, with growth across all product categories
  • Same-store sales increased 2.5%, driven by customer traffic

Headline financials

Total Revenue

$10.6B

Previous: $10.2B+4.6%
EPS

$1.28

Previous: $0.89+43.8%
Stores at End of Period

20.9K

No prior period
Net New Stores

307

No prior period
Selling Square Footage

158.9M

No prior period
Free Cash Flow

$283M

Previous: $197M+43.8%
Net Income

$283M

Previous: $197M+43.8%
Operating Income

$426M

Previous: $324M+31.5%
Gross Profit

$3.18B

Previous: $2.94B+8.4%
Cash & Equivalents

$1.24B

Previous: $537M+130.9%
Total Assets

$31.7B

Previous: $31.5B+0.8%

Revenue & EPS history

Dollar General · Revenue · Quarterly

$10.6B

Q3 2025+4.6%vs Q3 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 fiscal year 2025 guidance based on Q3 outperformance and an improved outlook for Q4.

Tailwinds

  • Net sales growth now expected to be 4.7% to 4.9%
  • Same-store sales growth raised to 2.5% to 2.7%
  • EPS guidance increased to $6.30 to $6.50
  • Lower expected capital expenditures within prior range
  • Strong execution on store remodels and new store openings

Headwinds

  • Uncertainty around consumer behavior may impact Q4
  • No share repurchases planned for FY 2025
  • LIFO provision partially offset gross margin improvements
  • Increased SG&A expenses due to utilities and repairs
  • Interest expense remains high despite decline YoY

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 Q3 2025

Historical avgQ3 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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