Dollar General (NYSE:DG) Releases FY 2026 Earnings Guidance

Dollar General (NYSE:DG) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 7.800-8.000 for the period, compared to the consensus estimate of 7.230. The company issued revenue guidance of $44.4 billion-$44.6 billion, compared to the consensus revenue estimate of $44.4 billion.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Guggenheim decreased their price target on Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and decreased their price target for the company from $140.00 to $110.00 in a research note on Friday, May 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $160.00 price target on shares of Dollar General in a research report on Friday. Rothschild & Co Redburn reduced their target price on Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a report on Monday, May 18th. Finally, Wolfe Research restated an “outperform” rating and set a $143.00 target price on shares of Dollar General in a report on Thursday, August 13th. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $134.65.

Dollar General Price Performance

Dollar General stock opened at $122.57 on Friday. The business has a 50-day moving average of $121.41 and a 200-day moving average of $123.16. Dollar General has a 1 year low of $95.11 and a 1 year high of $158.23. The firm has a market capitalization of $27.04 billion, a P/E ratio of 15.94, a PEG ratio of 1.78 and a beta of 0.23. The company has a current ratio of 1.21, a quick ratio of 0.25 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. The business had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.Dollar General’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities analysts anticipate that Dollar General will post 7.9 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, October 6th. Dollar General’s dividend payout ratio is currently 33.38%.

Dollar General News Summary

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Q2 results beat expectations: Net sales rose 5.2% year over year to approximately $11.3 billion, while diluted EPS increased 33.3% to $2.48, well above the roughly $2.01 consensus. Same-store sales grew 3.5%, supported by higher traffic and transaction values, and operating profit increased 29.2%. Dollar General Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Higher full-year guidance reinforces the turnaround: Dollar General raised fiscal 2026 EPS guidance to $7.80–$8.00 and lifted its comparable-sales outlook, citing steady demand for lower-priced essentials as consumers remain focused on value. UBS described the quarter as credible evidence of sustainable turnaround momentum. Dollar General raises annual comparable sales forecast on steady demand, shares jump
• Positive Sentiment: Analysts raised price targets: BMO increased its target to $135, Telsey to $140 and BNP Paribas Exane to $129. All retained market-perform or neutral ratings, indicating improved expectations but limited conviction for significant outperformance. The company also declared a $0.59 quarterly dividend and expects up to $700 million of fiscal-year share repurchases.
• Neutral Sentiment: AI investment could improve operations: DG is partnering with RELEX Solutions to deploy AI-based forecasting, replenishment and inventory-allocation tools across its North American store and distribution network. The initiative may improve product availability and margins, although benefits will depend on implementation. RELEX Solutions Announces Partnership with Dollar General
• Negative Sentiment: Consumer pressures and leadership transition remain risks: DG said its core lower-income shopper is closely managing every dollar, while higher-income customers are increasingly seeking value. Executive Vice President and General Counsel Rhonda Taylor also plans to retire, with a transition to Kelly Collier beginning in December. These factors may temper enthusiasm despite the earnings beat. Dollar General Announces General Counsel Retirement and Transition

Hedge Funds Weigh In On Dollar General

Hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC raised its position in Dollar General by 416.4% during the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Morgan Stanley grew its holdings in Dollar General by 35.0% during the fourth quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares during the period. State Street Corp increased its position in Dollar General by 9.1% during the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after buying an additional 913,373 shares during the last quarter. Caisse de depot et placement du Quebec lifted its position in shares of Dollar General by 1,615.1% in the third quarter. Caisse de depot et placement du Quebec now owns 908,110 shares of the company’s stock valued at $93,853,000 after buying an additional 855,162 shares during the last quarter. Finally, Two Sigma Investments LP boosted its stake in shares of Dollar General by 120.8% during the 3rd quarter. Two Sigma Investments LP now owns 1,453,649 shares of the company’s stock worth $150,235,000 after acquiring an additional 795,178 shares during the period. 91.77% of the stock is owned by institutional investors.

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.