Dollar General stock jumps after upbeat outlook

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Dollar General Corp. undefined shares rose 5.4% in Thursday premarket trading after it gave upbeat guidance for the next fiscal year. The discount retailer...

Dollar General Corp. shares rose 5.4% in Thursday premarket trading after it gave upbeat guidance for the next fiscal year. The discount retailer posted net income of $597.4 million, or $2.57 per share, down from $642.7 million, or $2.62 per share, last year. Sales of $8.651 billion were up from $8.415 billion last year. The FactSet consensus was for EPS of $2.57 and sales of $8.707 billion. Same-store sales fell 1.4%, wider than the FactSet consensus for a 0.8% decline.

4% in Thursday premarket trading after it gave upbeat guidance for the next fiscal year. The discount retailer posted net income of $597.4 million, or $2.57 per share, down from $642.7 million, or $2.62 per share, last year. Sales of $8.651 billion were up from $8.415 billion last year. The FactSet consensus was for EPS of $2.57 and sales of $8.707 billion. Same-store sales fell 1.4%, wider than the FactSet consensus for a 0.8% decline.

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