Loading...
•
Jan 31
Dollar General Q4 2024 Earnings Report
Dollar General reported mixed results, with a 4.5% increase in revenue but a significant decline in profit metrics.
Key Takeaways
Dollar General's Q4 2024 revenue grew by 4.5% to $10.3 billion, driven by new store openings and modest same-store sales growth. However, operating profit dropped 49.2% due to store portfolio review charges, leading to a 52.5% decline in EPS. The company remains optimistic about future performance and is focusing on long-term growth strategies.
Revenue increased by 4.5% to $10.3 billion.
Net income fell 52.4% to $191.2 million.
Operating profit declined 49.2% to $294.2 million.
Diluted EPS dropped 52.5% to $0.87.
Dollar General
Dollar General
Dollar General Revenue by Segment
Revenue by Segment
Consumables Revenue
CapyFin.comSeasonal Revenue
CapyFin.comHome Products Revenue
CapyFin.comApparel Revenue
CapyFin.com Forward Guidance
Dollar General projects net sales growth between 3.4% and 4.4% in fiscal 2025, with a diluted EPS range of $5.10 to $5.80.
Positive Outlook
- Expected net sales growth of 3.4% to 4.4%.
- Same-store sales growth forecasted between 1.2% and 2.2%.
- Plans to open 575 new stores in the U.S. and up to 15 in Mexico.
- Projected capital expenditures of $1.3 billion to $1.4 billion.
- Strategic initiatives focused on long-term sustainable growth.
Challenges Ahead
- Expected EPS decline compared to FY24.
- Anticipated increase in the effective tax rate to approximately 23.5%.
- No planned share repurchases in fiscal 2025.
- Continued impact from store closures and re-bannering.
- Potential economic headwinds including inflation and labor costs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income