Investing.com - Dollar General reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.74 on revenue of $6.98B. Analysts polled by Investing.com anticipated EPS of $1.57 on revenue of $6.89B. That compared to EPS of $1.52 on revenue of $6.44B in the same period a year earlier. The company had reported EPS of $1.48 on revenue of $6.62B in the previous quarter.
For the year, Dollar General shares are up 30.49%, outperforming the S&P 500 which is up 16.59% year to date.
Dollar General follows other major Services sector earnings this month
On Thursday, August 15, 2019, Alibaba ADR reported first quarter EPS of $12.55 on revenue of $114.92B, compared to forecasts of EPS of $10.3 on revenue of $111.83B.
Walmart earnings beat analyst's expectations on Thursday, August 15, 2019, with second quarter EPS of $1.27 on revenue of $130.4B. Investing.com analysts expected EPS of $1.22 on revenue of $130.1B
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