Dollar General raises FY25 EPS view to $5.80-$6.30 from $5.20-$5.80

FY25 consensus $5.75. The company now expects the following for FY25: Net sales growth of approximately 4.3% to 4.8%, compared to its previous expectation of approximately 3.7% to 4.7%; Same-store sales growth of approximately 2.1% to 2.6%, compared to its previous expectation of approximately 1.5% to 2.5%. The company is raising its financial expectations for the year, primarily to reflect its outperformance in the second quarter, as well as its improved outlook for the second half of the year, while also taking into consideration the potential for uncertainty related to consumer behavior. The company’s financial guidance continues to assume no share repurchases in fiscal year 2025.