Dollar General (NYSE:DG) announced that it earned $213.4 million, or 63 cents per share, for its most recent fiscal quarter, up from $157 million, or 45 cents per share, in the same period last year. Revenue rose by 13 percent to $3.9 billion. Analysts expected earnings of 60 cents per share on revenue of $3.83 million. The company operates 10,052 stores across the country, up from 9,496 stores last year. For the year, the company expects to earn between $2.68 to $2.78 per share, up from prior guidance of $2.65 to $2.75 per share. Revenue is expected to increase by 8 to 9 percent.
Shares are lower by about 3.3 percent.
The company competes with fellow dollar stores Dollar Tree (NASDAQ:DLTR) and Family Dollar (NYSE:FDO).
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