ET 07:33

Dollar General (DG) Reports Q1 Profit Rise, Lifts 2026 Outlook

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Earnings

Dollar General Corp. (NYSE: DG) on June 2, 2026, posted a higher first-quarter net income, beating Wall Street expectations, as budget-conscious shoppers sustained demand for the discount chain’s low-priced consumables. The Goodlettsville, Tennessee-based retailer said net income and earnings per share for the period ended April 30, 2026, advanced from a year earlier, while net sales and same-store sales also grew, exceeding analysts’ consensus forecasts. Strong customer traffic and effective inventory management contributed to the performance, according to the company. Dollar General raised its full-year 2026 profit guidance, citing sustained consumer value-seeking behavior. The updated outlook now projects earnings per share above the prior range, with revenue growth expectations narrowed to reflect improved confidence in the second half of the year. Shares moved higher in premarket trading following the announcement.

EditorLim