Discount retailer Dollar General raised its annual comparable sales forecast on Thursday, with the company’s CEO crediting strong traffic to its lower-priced essentials, which attract value-seeking shoppers.
The rising cost of living has led consumers to prioritize value and opt for cheaper options, which has increased sales for dollar-store chains like Dollar General.
Second Quarter Fiscal Year 2026 Highlights
- Net Sales Increased 5.2% to $11.3 Billion
- Same-Store Sales Increased 3.5%
- Operating Profit Increased 29.2% to $769.2 Million
- Diluted Earnings Per Share (“EPS”) Increased 33.3% to $2.48
- Year-to-Date Cash Flow From Operations of $1.5 Billion
- Board of Directors Declares Quarterly Cash Dividend of $0.59 per share
In Q3, Dollar General expects annual same-store sales to grow in the range of 2.5% to 2.9%, compared with its previous forecast of 2.2% to 2.7%.
Dollar General’s CEO, Todd Vasos, told investors: “We are pleased with our second quarter performance, which included balanced topline growth, healthy operating margin expansion and strong double-digit EPS growth. These results, which exceeded our expectations even before considering the benefit from tariff refunds after related reinvestments, are a testament to the strong execution, strategic direction, and continued dedication of our team. I want to thank our associates in our stores, distribution centers, private fleet and store support center for the work they do every day to fulfill our mission of Serving Others.”
“Our results reflect continued momentum across the business, including our fifth consecutive quarter of customer traffic growth and the sixth consecutive quarter of positive comparable sales growth across all four merchandising categories. This broad-based performance reflects the strength of our unique combination of value and convenience and the important role Dollar General plays in the communities we serve. As we move through the back half of the year, we remain confident in our strategy, our long-term financial framework and our ability to continue driving value for our customers, associates and shareholders.”
Dollar General’s stock increased 8% in premarket trading after the announcement.
By CEO NA Editorial Staff
