Dollar General Corp (NYSE: DG) posted better-than-expected earnings for its fourth quarter on Thursday.
The company reported a four-quarter FY23 sales decline of 3.4% year-on-year to $9.858 billion, beating the analyst consensus estimate of $9.783 billion. EPS of $1.83 beat the consensus estimate of $1.75, according to data from Benzinga Pro.
Same-store sales increased 0.7% versus last year, by an increase in customer traffic, partially offset by a decrease in average transaction amount.
“With customer traffic growth and market share gains during the quarter, we believe our actions are resonating with customers as they turn to Dollar General for our unique combination of value and ...