Edition:
India

Dollar General Corp Reports Third Quarter 2018 Financial Results


Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Dollar General Corp ::ORATION REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.SEES FY 2018 EARNINGS PER SHARE $5.85 TO $6.05.Q3 EARNINGS PER SHARE $1.26.Q3 SAME STORE SALES ROSE 2.8 PERCENT.Q3 EARNINGS PER SHARE ESTIMATE $1.26 -- REFINITIV IBES DATA.SEES FY 2018 SALES UP ABOUT 9 PERCENT.Q3 SALES $6.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $6.38 BILLION.UPDATES FISCAL 2018 GUIDANCE.ANNOUNCES FISCAL 2019 REAL ESTATE GROWTH PLAN.BOARD OF DIRECTORS DECLARES Q4 2018 CASH DIVIDEND OF $0.29 PER SHARE.FY EARNINGS PER SHARE VIEW $6.11, REVENUE VIEW $25.56 BILLION -- REFINITIV IBES DATA.AS OF NOVEMBER 2, 2018, TOTAL MERCHANDISE INVENTORIES, AT COST, WERE $3.98 BILLION COMPARED TO $3.60 BILLION AS OF NOVEMBER 3, 2017.COMPANY EXPECTS SHARE REPURCHASES FOR FISCAL YEAR 2018 TO BE A MINIMUM OF $850 MILLION.NARROWING ITS EXPECTATIONS FOR CAPITAL EXPENDITURES FOR FISCAL YEAR 2018 TO A RANGE OF $725 MILLION TO $775 MILLION.AS A RESULT OF Q3 HURRICANES, OTHER DISASTERS, WILL RECORD GREATER-THAN-ANTICIPATED EXPENSES IN SECOND HALF OF 2018.EXPECT TO SEE AN ADDITIONAL ESTIMATED $0.04 IMPACT ON OUR Q4 DILUTED EPS.IMPACT TO Q3 EPS FROM HURRICANES AND OTHER DISASTERS WAS AN ESTIMATED $0.05 PER DILUTED SHARE.CONTINUES TO ANTICIPATE A CASH BENEFIT OF APPROXIMATELY $300 MILLION IN FISCAL YEAR 2018 AS A RESULT OF TCJA.EXPECT TO SEE AN ADDITIONAL ESTIMATED $0.04 IMPACT ON Q4 DILUTED EPS FROM HURRICANES AND OTHER DISASTERS.