Dollar General (DG) Q1 2026 (USD): EPS 2.00 (exp. 1.89), Revenue 10.8bln (exp. 10.82bln)

• Declared a USD 0.59 quarterly dividend

SSS:

• Q1 comp sales 2.0% (exp. +2.0%)
• FY comp sales view 2.2-2.7% (exp. +2.4%)
• Same-store sales increased 2.0%, driven by traffic +1.4% and average transaction amount +0.5%, with growth across consumables, seasonal, apparel and home

GUIDANCE:

• Raises FY26 EPS guidance, FY EPS view 7.20-7.45 (exp. 7.24; prev. saw 7.10-7.35)
• Maintained FY26 net sales growth between 3.7-4.2% (exp. 44.40bln)
• FY26 guidance assumes no share repurchases and excludes potential tariff refund payments

COMMENTARY:

• CEO says EPS exceeded expectations as operating margin expansion more than offset severe winter weather and higher fuel costs, with positive customer traffic and balanced category growth supporting topline results.
• Has submitted claims to US Customs and Border Protection to seek refunds for previously paid tariffs. 
• The company also reported significantly higher fuel costs in Q1, anticipating this trend to continue for an uncertain period.