NYSE$DG

Dollar General Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Dollar General reported mixed results, with a 4.5% increase in revenue but a significant decline in profit metrics.

Dollar General's Q4 2024 revenue grew by 4.5% to $10.3 billion, driven by new store openings and modest same-store sales growth. However, operating profit dropped 49.2% due to store portfolio review charges, leading to a 52.5% decline in EPS. The company remains optimistic about future performance and is focusing on long-term growth strategies.

  • Revenue increased by 4.5% to $10.3 billion.
  • Net income fell 52.4% to $191.2 million.
  • Operating profit declined 49.2% to $294.2 million.
  • Diluted EPS dropped 52.5% to $0.87.

Headline financials

Total Revenue

$10.3B

Previous: $9.86B+4.5%
EPS (adj)

$0.87

Previous: $1.83-52.5%
Net Income

$191M

Previous: $659M-71.0%
Operating Income

$294M

Previous: $933M-68.5%
Gross Profit

$3.03B

Previous: $3.15B-3.8%

Revenue & EPS history

Dollar General · Revenue · Quarterly

$10.3B

Q4 2024+4.5%vs Q4 2023
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 projects net sales growth between 3.4% and 4.4% in fiscal 2025, with a diluted EPS range of $5.10 to $5.80.

Tailwinds

  • Expected net sales growth of 3.4% to 4.4%.
  • Same-store sales growth forecasted between 1.2% and 2.2%.
  • Plans to open 575 new stores in the U.S. and up to 15 in Mexico.
  • Projected capital expenditures of $1.3 billion to $1.4 billion.
  • Strategic initiatives focused on long-term sustainable growth.

Headwinds

  • Expected EPS decline compared to FY24.
  • Anticipated increase in the effective tax rate to approximately 23.5%.
  • No planned share repurchases in fiscal 2025.
  • Continued impact from store closures and re-bannering.
  • Potential economic headwinds including inflation and labor costs.

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 Q4 2024

Historical avgQ4 2024

-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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