Dollar General (NYSE:DG) announced that profits for the third quarter increased to to $207.7 million, or 62 cents per share, versus $171.2 million, or 50 cents, a year earlier. Earnings were 63 cents per share, excluding certain items, beating the analyst estimates of 60 cents. Sales increased by 10.3 percent to $3.96 billion, in line with expectations. Same-store sales rose 4 percent.
Shares are higher in early trading.
Earlier this month, rival Big Lots (NYSE:BIG) announced a loss of 10 cents per share for the fiscal third quarter, versus earnings of 6 cents per share in the same period last year.
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