Dollar General reported first quarter 2026 revenue of $10.8 billion, a slight miss versus estimates, but delivered earnings of $2.00 per share, exceeding analyst expectations. Same-store sales increased 2.0%, in line with estimates, driven by an increase in customer traffic.

Key Highlights

  • The company raised its full-year 2026 diluted EPS guidance to a range of $7.20 to $7.45, up from its previous expectation of $7.10 to $7.35.
  • Same-store sales grew 2.0% in the first quarter, driven by a 1.4% increase in customer traffic and a 0.5% increase in average transaction amount.
  • Gross margin expanded by 65 basis points year-over-year to 31.6%, driven by higher inventory markups and lower shrink.