Earnings: Dollar General 1Q profit up 64%; company raises guidance
Published June 8, 2010 at 1:42 p.m.
Goodlettsville-based Dollar General Corp.’s earnings were up 64 percent in the first quarter compared to the same period a year ago, exceeding analysts’ expectations. Net income was $136 million, or diluted earnings per share of 39 cents, on revenue of $3.1 billion. Analysts, on average, had estimated earnings of 34 cents per share on revenue of $3 billion, according to Thomson Reuters...