Dollar General Beats on Revenue and EPS for Q4, Boosts Dividend
Dollar General (NYSE: DG) stock fell nearly 10% in trading Thursday -- in line with the broader market's decline -- despite a fiscal fourth-quarter report that featured some quite encouraging results.
For the quarter, which ended Jan. 31, the discount retailer's net sales rose by 7.6% year-over-year to land at $7.16 billion. That was on the back of same-store sales that rose by 3.2%. Net income came in 11% higher at $535 million, or $2.10 per diluted share.
Image source: Dollar General
Source Fool.com
