Core Viewpoint - Dollar General is expected to report quarterly earnings of $1.56 per share, reflecting an 8.2% decline year-over-year, while revenues are forecasted to increase by 4.5% to $10.67 billion [1]. Earnings Projections - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.1%, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts project 'Net Sales by Category- Consumables' to reach $8.78 billion, marking a year-over-year increase of 4.5% [5]. - 'Net Sales by Category- Seasonal' is estimated at $1.10 billion, indicating a 4% year-over-year change [5]. - 'Net Sales by Category- Home products' is expected to be $496.33 million, reflecting a 3.4% increase from the previous year [5]. - 'Net Sales by Category- Apparel' is forecasted at $286.10 million, showing a 2.9% year-over-year change [6]. Store Metrics - The consensus for 'Ending store count' is 20,746, up from 20,345 a year ago [6]. - 'Total selling square footage' is expected to reach 158 million square feet, compared to 154 million square feet reported in the same quarter last year [7]. - Analysts predict 'New store openings' to be 179, down from 213 in the same quarter last year [7]. - 'Store closings' are anticipated to reach 18, compared to 17 reported in the same quarter last year [8]. Sales Performance - The combined estimate for 'Net sales per square foot' is projected at $67.63, an increase from $66.10 in the same quarter of the previous year [8]. - Dollar General shares have increased by 4.5% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 2.7% [8].
Stay Ahead of the Game With Dollar General (DG) Q2 Earnings: Wall Street's Insights on Key Metrics