Dollar General reported second quarter 2026 net sales of $11.29 billion, a 5.2% increase year-over-year, alongside a significant beat on the bottom line. The performance was characterized by the company's sixth consecutive quarter of positive comparable sales and a notable 127-basis point expansion in gross profit margins.
Key Highlights
- Diluted EPS reached $2.48, significantly surpassing the $2.00 estimate, aided by an approximate $0.25 benefit from one-time tariff refunds.
- Same-store sales increased 3.5% for the quarter, driven by a 2.0% rise in customer traffic and a 1.5% increase in the average transaction amount.
- Management raised full-year 2026 EPS guidance to a range of $7.80 to $8.00, up from the prior forecast of $7.20 to $7.45.
- Merchandise inventories decreased 2.7% on an average per-store basis to $6.6 billion, reflecting improved stock management and supply chain efficiency.