Tags: Dollar General | quarterly | profit | estimates

Dollar General Quarterly Profit Misses Estimates

Tuesday, 03 Jun 2014 10:50 AM

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.

© 2017 Thomson/Reuters. All rights reserved.

   
1Like our page
2Share
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
80
2014-50-03
Tuesday, 03 Jun 2014 10:50 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved