Dollar General Corporation (NYSE:DG) 3Q19 Quarterly Earnings Expand, Updates Forecast

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Dollar General Corporation (NYSE:DG) discount retailer, released third quarter earnings before market open today that surpass analysts estimates

The company unfold income for the third quarter improved 12.70 percent of $ 365.55 million or $ 1.42 per share, compared to income of $ 334.14 million or $ 1.26 per share for the year-ago quarter., while The consensus estimates are income of $ 1.38 per share

DG recorded net sales that developed 8.94 percent to $ 6991.39 million from $ 6417.46 million in the same quarter last year

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

Todd Vasos, chief executive officer. The quarter was highlighted by our best customer traffic and same-store sales increases in nearly five years, as well as double-digit growth in both operating profit and diluted EPS. We continue to execute well on many fronts, while maintaining our focus on delivering value and convenience for our customers.

The full year 2019 bottom line outlook are to be in a range of $ 6.55 to $ 6.65 per share.

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