🔹 Adj. EPS: $0.87 (Est. $1.50) 😕
🔹 Revenue: $10.3B (Est. $10.25B) 😑 (+4.5% YoY)
🔹 Same-Store Sales: +1.2% YoY
🔹 Net Income: $191.2M (-52.4% YoY)
FY25 Guidance
🔹 EPS: $5.10 - $5.80 (Est. $5.87) 😕
🔹 Same-Store Sales: +1.2% to +2.2% (Est. +1.76%) 😑
🔹 Revenue Growth: +3.4% to +4.4%
🔹 CapEx: $1.3B - $1.4B
Margins & Profitability
🔹 Gross Margin: 29.4% (-8 bps YoY)
🔹 SG&A Expenses: 26.5% of revenue (+294 bps YoY)
🔹 Operating Margin: 2.9% (-330 bps YoY)
🔹 Annual Cash Flow From Operations: +25.3% to $3.0B
Key Commentary
🔹 CEO: “We’ve improved execution and market share, but we are focusing on store optimization and operational rigor to drive long-term value.”
🔹 Store Closures & Impairments: 96 Dollar General stores and 45 pOpshelf stores to close, negatively impacting Q4 EPS by ~$0.81 per share.
🔹 Lower EPS & Profitability Due to Higher SG&A Costs, markdowns, and impairments.
🔹 Dividend: $0.59/share.