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Dollar General Analysts Cut Their Forecasts After Q1 Results

Dollar General Corp (NYSE:DG) reported better-than-expected first-quarter financial results on Thursday. Dollar General reported first-quarter FY24 sales growth of 6% year-on-year to $9.910 billion, beating the analyst consensus estimate of $9.897 billion. Same-store sales increased 2.4% versus last year. EPS of $1.65 beat the analyst consensus estimate of $1.56, according to data from Benzinga Pro. "These results were driven by strong customer traffic growth and market share gains during the quarter, which we believe is a testament to the relevance of our unique combination of value and convenience, as well as to improved execution ...