Q1 25 EPS
$1.65
BEAT +5.10%
Est. $1.57
Q1 25 Revenue
$9.91B
BEAT +0.18%
Est. $9.90B
vs S&P Since Q1 25
-54.0%
TRAILING MARKET
DG -11.5% vs S&P +42.4%
Market Reaction
Did DG Beat Earnings? Q1 2025 Results
Dollar General posted a solid if complicated first quarter for fiscal 2024, beating consensus estimates on both the top and bottom lines while grappling with meaningful margin pressure beneath the surface. The discount retailer reported diluted EPS o… Read more Dollar General posted a solid if complicated first quarter for fiscal 2024, beating consensus estimates on both the top and bottom lines while grappling with meaningful margin pressure beneath the surface. The discount retailer reported diluted EPS of $1.65, clearing the $1.57 analyst consensus by 5.10%, as net sales climbed 6.1% year-over-year to $9.91 billion, edging past the $9.90 billion estimate. The revenue gains were driven by new store contributions and a 2.4% rise in same-store sales, supported by stronger customer traffic and market share gains. Yet profitability told a more sobering story, with gross margin contracting 145 basis points to 30.2% as elevated shrink, higher markdowns, and a pronounced mix shift toward lower-margin consumables, which grew 8.3% to represent the bulk of total revenue, weighed heavily on earnings. Management reiterated full-year guidance for net sales growth of 6.0% to 6.7% and diluted EPS of $6.80 to $7.55, while updating its real estate strategy to prioritize store remodels over new openings, signaling a more capital-disciplined posture heading into the back half of the year.
Key Takeaways
- • Strong customer traffic growth and market share gains
- • Same-store sales increase of 2.4% driven by customer traffic
- • Positive sales contributions from new stores
- • Back to Basics strategy execution improving in-store experience
- • Consumables category growth of 8.3% driving top-line but pressuring margins
DG YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
DG Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased with our start to 2024, including top and bottom-line results that exceeded our expectations in the first quarter. These results were driven by strong customer traffic growth and market share gains during the quarter, which we believe is a testament to the relevance of our unique combination of value and convenience, as well as to improved execution across our organization.”
— Todd Vasos, Q1 2025 Earnings Press Release
DG Earnings Trends
DG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DG EPS Trend
Earnings per share: estimate vs actual
DG Revenue Trend
Quarterly revenue: estimate vs actual
DG Quarterly Results
11 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $1.88 | $2.00 | +6.22% | $10.79B | -0.23% |
| Q4 26 | — | — | — | — | — |
| Q3 26 BEAT | $0.93 | $1.28 | +37.55% | $10.65B | +0.44% |
| Q2 26 BEAT | $1.57 | $1.86 | +18.25% | $10.73B | +0.45% |
| Q1 26 BEAT | $1.49 | $1.78 | +19.87% | $10.44B | +1.46% |
| Q4 25 MISS FY | $1.50 | $0.87 | -42.19% | $10.30B | +0.45% |
| FY Full Year | $5.75 | $5.11 | -11.13% | $40.61B | +0.10% |
| Q3 25 MISS | $0.94 | $0.89 | -5.15% | $10.18B | +0.47% |
| Q2 25 MISS | $1.79 | $1.70 | -5.03% | $10.21B | -1.52% |
| Q1 25 BEAT | $1.57 | $1.65 | +5.10% | $9.91B | +0.18% |
| Q4 24 BEAT FY | $1.75 | $1.83 | +4.57% | $9.86B | +0.77% |
| FY Full Year | — | $7.55 | — | $38.69B | — |
| Q3 24 | $1.19 | — | — | — | — |