Tags: Dollar General | quarterly | profit | estimates

Dollar General Quarterly Profit Misses Estimates

Tuesday, 03 June 2014 10:50 AM EDT

Discount chain Dollar General Corp. reported a lower-than-expected quarterly profit, blaming tough competition, a harsh winter and weak consumer spending.

Net income rose to $222 million, or 72 cents per share, in the first quarter ended May 2, from $220 million, or 67 cents per share, a year earlier.

Net sales increased about 7 percent to $4.52 billion.

Analysts on average expected the company to earn 73 cents per share on revenue of $4.56 billion, according to Thomson Reuters I/B/E/S.

© 2026 Thomson/Reuters. All rights reserved.


Companies
Discount chain Dollar General Corp. reported a lower-than-expected quarterly profit, blaming tough competition, a harsh winter and weak consumer spending.
Dollar General, quarterly, profit, estimates
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2014-50-03
Tuesday, 03 June 2014 10:50 AM
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