Dollar General Corp. (DG) on Thursday reported fiscal fourth-quarter earnings of $483.2 million.
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On a per-share basis, the Goodlettsville, Tennessee-based company said it had net income of $1.84.
The results fell short of Wall Street expectations. The average estimate of 25 analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The discount retailer posted revenue of $6.65 billion in the period, exceeding Street forecasts. Twenty-five analysts surveyed by Zacks expected $6.6 billion.
For the year, the company reported profit of $1.59 billion, or $5.97 per share. Revenue was reported as $25.63 billion.
Dollar General expects full-year earnings to be $6.30 to $6.50 per share.
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Dollar General shares have increased 12 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 12 percent. The stock has increased 35 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on DG at https://www.zacks.com/ap/DG
