- Dollar General (NYSE:NYSE:DG) reports same-store sales rose 0.7% in Q2 driven primarily by an increase in average transaction amount.
- Sales by category: Consumables: $4.12B (+6.4%); Seasonal: $673.95M (+4.9%); Home products: $315.6M (+3.7%); Apparel: $285.89M (+1.6%).
- Gross profit rate grew 2 bps to 31.19%.
- SG&A expense rate -8 bps to 21.75%.
- Operating profit rate expanded 10 bps to 9.44%.
- Inventory +8% Y/Y to $3.27B.
- Store count +769 Y/Y to 12,967.
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FY2016 Guidance: Diluted EPS: +10% to +15%;Capex: $580M to $630M.
- DG -5.22% premarket.