Dollar General Q1 net income rises 13.3%, lifts FY26 EPS outlook

Dollar General reported a 13.3% summation successful nett income for the archetypal 4th (Q1) ended 1 May 2026, alongside higher sales, operating nett and diluted net per stock (EPS), and raised its diluted EPS guidance for fiscal 2026 (FY26).

Net income roseate to $444.1m successful the 4th portion nett income climbed 3.4% year-on-year to $10.78bn, driven by contributions from caller stores and maturation successful same-store sales.

Operating nett accrued 10.8% to $638.5m. Diluted net per stock (EPS) grew 12.4% to $2 from $1.78.

Same-store income accrued 2%, reflecting a 1.4% emergence successful lawsuit postulation and a 0.5% summation successful mean transaction value.

Gross nett borderline improved to 31.6% from 31%, supported by higher inventory markups and decreased shrink and inventory damages, partially offset by accrued markdowns and proscription costs.

Capital expenditure during the 4th totalled $352m.

Dollar General opened 190 stores successful the US and 5 stores successful Mexico, remodelled 659 stores done Project Renovate and 711 stores done Project Elevate, and relocated six stores.

The company’s committee declared a quarterly currency dividend of $0.59 per share, payable connected oregon earlier 21 July 2026 to shareholders of grounds connected 7 July 2026.

Dollar General main enforcement serviceman Todd Vasos said: “We are pleased with our Q1 EPS performance, which exceeded our expectations arsenic beardown operating borderline enlargement much than offset the interaction of terrible wintertime upwind and higher substance costs.

“Our apical enactment results were highlighted by affirmative lawsuit postulation and balanced class growth, portion continued advancement connected our cardinal initiatives drove different 4th of beardown operating nett growth.”

For FY26, the institution repeated its outlook for nett income maturation of astir 3.7% to 4.2%, same-store income maturation of astir 2.2% to 2.7%, and superior expenditure of $1.4bn to $1.5bn.

Dollar General raised its diluted EPS guidance to astir $7.20 to $7.45, from its earlier forecast of $7.10 to $7.35.

The updated guidance assumes an effectual taxation complaint of astir 24.5%.

The institution besides repeated its program for astir 4,730 existent property projects during FY26, comprising astir 450 caller stores successful the US, 10 caller stores successful Mexico, 2,000 Project Renovate remodels, 2,250 Project Elevate remodels and 20 store relocations.

"Dollar General Q1 nett income rises 13.3%, lifts FY26 EPS outlook" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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