Dollar General Corporation (NYSE:DG) discount retailer, is expected to report second quarter earnings results, before market open, on Thursday 27th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 2.44 per share.
Looking ahead, the full year income are expected at $ 9.00 per share on the revenues of $ 32333.20 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 29,836.00 million ~ $ 29,974.00 million, where as bottomline are predicted in a range of $ 7.40 ~ $ 7.40 per share
Click Here For More Historical Outlooks Of Dollar General Corporation
Previous Quarter Performance
Dollar General Corporation unwinded income for the first quarter of $ 2.56 per share, from the revenue of $ 8,448.00 million. The quarterly earnings elevated 72.97 percent compared with the same quarter last year. According to street consensus, DG was expected to report 1Q20 income of $ 1.70 per share from revenue of $ 7404.43 million. The bottom line results beat street analysts by $ 0.86 or 50.59 percent, at the same time, top line results outshined analysts by $ 1,043.57 million or 14.09 percent.
Stock Performance
Shares of Dollar General Corporation traded up $ 5.43 or 2.73 percent on Wednesday, reaching $ 204.09 with volume of 2.29 million shares. Dollar General Corporation has traded high as $ 204.66 and has cracked $ 198.56 on the downward trend
The closing price of $ 204.09, representing a 58.93 % increase from the 52 week low of $ 125.00 and a 2.93 % decrease over the 52 week high of $ 204.66.
The company has a market capital of $ 51.37 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.36 per share on May 27, 2020. The dividend were payable on July 21, 2020 to holders of record as of the close of business on July 7, 2020 and ex-dividend date on July 6, 2020.
Conference Call
Dollar General Corporation will be hosting a conference call at 10:00 AM eastern time on 27th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (877) 407-0890 Toll Free, with passcode : 13705710 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website webcasts.eqs.com/register/dollargeneral20200827/en
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. Its consumable products also comprise snacks, which include candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products; pet supplies and pet food; and tobacco products.
